In the next 20 years, it’s likely that the residential furniture market will grow by ten times. It’s a factor of the unprecedented growth of residential areas.
It focuses strongly on high end furniture products. This player has its reach on very refined segment of buyers. Accordingly, its market share is the smallest.
It owns most diversified collection of furniture pieces. This runner for the top position has something to offer to both the elite and common market segments. Most enriched collection of furniture, i.e., highest number of SKUs across all the product categories are up its kitty. It works on marketplace model.
This is the leader of online furniture industry and boasts its collection to be sourced from Jodhpur, the furniture hub of India. It has widest reach, catering to 200+ cities as of now.
This competitor of ours is trying its hands in manufacturing the furniture products according to customer specifications. However, these have not come up with appealing and versatile product line as of now.
A Hyderabad based custom home furnishing solution provider, this company is more into sofa sets, wardrobes and other home furnishing materials such as curtains, etc. than selling sole customized furniture products which we sell, such as double beds, dining tables, wall-shelves; to name a very few.
This is a company intent on helping customers bypass the middlemen and connecting them directly with the custom furniture makers. This helps the customers save up to 60% on the furniture prices with over 50 furniture designers.
This is an excerpt from Tech in Asia. You can read the full article here. The author is a Furniture Analyst and Digital Marketing Consultant at Wooden Street