Fuelled by the growing emphasis on aesthetics and personalization within interior spaces, the Home Décor market in India is expected to achieve a revenue of US$2 billion by 2023, with a projected annual growth rate of 6.08% from 2023 to 2028 (CAGR)
The carpet and rugs market in India is expected to grow at a CAGR of 6.15% from 2023 to 2028, reaching USD 7.13 billion by 2028. The market volume is projected to be US$289.70m in 2028.
The India handicrafts market size reached US$ 3,968.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 6,218.4 Million by 2028, exhibiting a growth rate (CAGR) of 7.7% during 2023-2028. (Comprises of Art metal wares, Sculptures, Wood ware & Antiques)