Joshbro Corporate

Global markets for interiors market is close to US $1300 Bn with furniture leading the pack with US $650 Bn, home decor following suit with US$616 Bn and Interior design trailing at US $25 Bn. The industry with a combination of furniture, furnishings, wall finishes, artefacts etc. for homes and offices. They are growing at 5.8% CAGR.

India as a market is worth US $40 Bn, growing at 11% CAGR. Indian market is growing at a much faster rate than the global industry due to the smaller base. Making the entry of international brands apt into India.

With distributed manufacturing bases, India, China and South East Asia have the largest of the production volumes. The market pyramid globally is diamond shaped with the mid-market being the largest (claiming over 60% of the market in value).

From a sourcing perspective, India is good at manufacturing hand finishes combined with modern designs, offering the best of both worlds. As in any other growing markets, quality products are provided only by a select few. We work with few good vendors to source consistent quality with predictable timelines.