India Furniture Polish Market - Predicted Growth, Trends, Opportunity & Analysis
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India furniture polish market was valued at around $ 875 million in 2019 and is projected to surpass $ 1.44 billion by 2025, owing to the increasing construction activities coupled with a rising working-class population in the country. In addition, supportive government programs such as Smart City Mission is further going to surge demand for furniture polish in the coming years. However, the current COVID-19 pandemic has dented the country’s furniture polish market demand due to a shifting focus towards essential goods coupled with disruption in trade flow as well as logistics and manpower constraints due to lockdown measures. Considering ease in lockdown and increasing focus on recovering from this pandemic situation, the market is expected to witness a U-pattern demand recovery. Growing population, increasing income levels and rising inclination among families towards spacious and expensive furniture installations, which require periodical maintenance, necessitates ...