Latest Trends in Interior & Furniture Industry 2021

FDT Bureau

There are few trends in the Interior & Furniture industry that are expected to dominate the Indian market in 2021, shared by Faheem Khan, Director, and Founder of Vezza Interiors.

Creative functionality is the key

• The most underrated space of a house are the attics and the basement
• Creating a children's room or a gym or an office station is possible by simply taking creative steps and little work such as weatherproofing
• Smart furniture, wall-mounted beds, study tables, sofas, electrically operated center tables with seating can help in utilizing little spaces in the house

High demand of customized furniture for the next-gen investing in new homes with a reasonable price point

• New Gen is prevailing bank loans and other offers to invest in properties at nominal range
• Given this fact, people are now investing in making a modular home with clutter-free furniture to utilize the space to its max

Digitization and automation through gadgets to control the home appliances and furniture will be in every home in the next 5 years

• The majority of the new-gen are working individuals who like to indulge in automated technology
• Furniture manufactures have started to produce automated and remote operated furniture and interior solutions which are cost-effective with a good shelf life

Future of e-commerce furniture sales are expected to record a high double-digit growth rate in 2021-22

• Masses are influenced by technology-driven portals that engage them virtually and helps them to visualize how the product will look in their houses, offices, kitchen spaces 
• Brands are spending a major portion of their revenue in marketing, social media, and digital advertising to monetize sales through these platforms
• The majority of the furniture manufacturers are available online and are generating sales through e-commerce