COVID-19 Affecting the growth of the furniture industry
The pandemic has affected almost every sector especially the furniture industry. The use of traditional furniture has strengthened the demand for wood in the manufacturing of furniture in India. Over the past few years, the utilization of wooden goods has increased sales that come from traditional channels as well as through the private sector and events, commercial office spaces, restaurants, hotels, people have started using wood for furnishing cupboards, decorating, and for other purposes. Apart from this, there is a rising demand for engineered wood furniture in metro cities, such as Delhi, Mumbai, Bangalore, and other major cities. The reason behind this is the rising popularity of ready-to-assemble home furniture in these cities. The availability of engineered wood furniture through various distribution channels provides an ease to the customer to buy status furniture products. The rising consumption of these sectors widens the revenue of the furniture industry as almost n...