The most decisive platform for the Indian woodworking and furniture manufacturing industry is set to create new benchmarks

The most decisive platform for the Indian woodworking and furniture manufacturing industry is set to create new benchmarks

Bangalore May 22; The 12th edition of INDIAWOOD, the most relevant event for the woodworking and furniture manufacturing Industry in Asia, is all set to take place from June 2nd-6th, 2022 at Bangalore International Exhibition Centre, Bengaluru.Organised by NuernbergMesse India, the five-day event will offer a comprehensive range of innovative products and provide information on the latest technological developments. Companies Like, Asian Paints Limited , Nitshaw Wood Panel & Surface Technologies, Homag India Pvt Ltd, Altendorf India Private Limited, Woodtech Consultants Pvt Ltd, Leitz Tooling Systems India Pvt Ltd, Virgo Laminates Limited, Kleiberit Adhesives India Pvt Ltd, Fundermax India Pvt Ltd, Rehau Polymers Pvt Ltd, KBROS Aristo Pvt Ltd, Manilam Industries Pvt Ltd, to be name a few will be participating from Bangalore in IndiaWood 2022 from Karnataka.

By focusing on the latest global trends in carpentry, skilling, innovation, automationand digitalization, INDIAWOOD 2022 aims to drive Indian furniture manufacturingand woodworking industry reach its potential of USD 27-billion by 2025 and help establish India as one of the top furniture manufacturingdestinations. The organized furniture industry is also expected to reach one-billion-dollar milestone by 2025.

Sivakumar Venugopal, Group Director, Member of the Management Board, NuernbergMesse India, is confident about the future of the woodworking and furniture manufacturing Industry, “INDIAWOOD has been growing significantly over the last few years, in sync with the growth of the industry and 2022 will be an important milestone for the event.”

With country pavilions from Germany,USA, Canada, Turkey, Malaysia, Finland, Estonia, Taiwan, Gabonamongst others, the five-day event will offer a comprehensive range ofinnovative products and provide information on the latest technologicaldevelopments.

Spread over 65,000 sq. meters plus area with 5 dedicated themed halls, theevent is expected to attract a record number of visitors.Visitors from all quarters including furniture manufacturers, kitchen manufacturers,saw millers, board manufacturers, fittings and component manufactures,traders, architects, builders and interior designers can look forward to exploring the latest in technologies, materials and innovations.

As a knowledge sharing forum, INDIAWOOD will feature multiple seminars onlatest trends and innovations organised by leading Industry associations as wellas skill development programs organised by the Furniture & Fittings SkillCouncil of India.

Speaking about the event, Sonia Prashar, Managing Director and Chairpersonof the Board, NuernbergMesse India,said, “As India strives to become amanufacturing hub for the world, key initiatives, such as ‘Make in India’ and‘Vocal for Local’, have played a huge role in terms of giving a boost to themanufacturing sector, including furniture manufacture. In current times as thedemand for furniture continues to increase, we are confident that the platformof INDIAWOOD will succeed in providing the relevant technologies and solutionsto meet the requirements of this sector”

Juergen Koeppel, President, EUMABOIS (European Federation ofWoodworking Machinery Manufacturers) is upbeat about the potential of themarket and has stated that, “India enjoys a favourable position as market leaderwith tremendous future possibilities. We invite the woodworking community tomake optimal use of this opportunity to re-connect with Industry Peers andre-experience live exhibitions. Look forward to seeing you at INDIAWOOD2022”.

It may be noted that with India poised to become the third largest global economy by 2030, theGovernment of India has identified the furniture industryas a key enabler toexpand the reach of ‘Make in India’ goods across the globe. The furnitureindustry in India is a part of the home furnishing industry and occupies thelargest share (~50% in 2019) in the home furnishing market. In FY2019, theIndian furniture market was valued at USD12.6 billion and grew at a compoundannual growth rate (CAGR) of 9.4% during 5 years before that. Furthermore, Indian furniture exports witnessed an astounding growth rate of 222% in2021-2022 compared to 2013-2014, thus proving the competency of “Made inIndia” products in global markets.

Sonia Prashar further added, “INDIA MATTRESSTECH + UPHOLSTERY SUPPLIESEXPO (IME), International Trade Fair for Mattress and Upholstery ProductionTechnology, Machinery, Supplies, Production Tools and Accessories, will be heldconcurrently from 2nd-5th June at the Bangalore International Exhibition Centrewill welcome several new brands and have latest cutting-edge technology ondisplay.”

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