Get ready for the upcoming WOFX – World Furniture Expo 2023, the premier international B2B event dedicated to the thriving furniture market in India.
This grand event is set to unfold from November 28th to 30th, 2023, at the prestigious Bombay Exhibition Center in Mumbai. It promises to offer a captivating showcase of the latest trends, groundbreaking innovations, and masterful craftsmanship in the furniture and design sector.
India’s furniture market is experiencing an unprecedented boom, spelling excellent news for suppliers and brands. According to Mordor Intelligence, the industry is poised to surge to a staggering US$ 26.85 billion by 2028, growing at an impressive 11.20 percent CAGR. Concurrently, India’s real estate sector is breaking records with a 36 percent spike in home sales during FY23 compared to FY22. Additionally, the Indian hospitality sector is gearing up to add 12,000 rooms in the year 2023-24, with an estimated investment of around US$ 2.3 billion by 2028.
In this highly favorable environment, WOFX takes center stage as the singular networking and business platform meticulously designed to bolster opportunities in the furniture and décor industries. It brings together industry stakeholders, aligning their business objectives and target audience under one roof.
India, now the fourth largest consumer of furniture and the 14th largest furniture market globally, finds its interests substantially boosted by WOFX 2023. This event is set to catalyse the current and future growth of the furniture industry by fostering connections between more than 400 brands from over 13 countries and industry leaders.
WOFX 2023 aims to invigorate the furniture and décor industry even further by featuring international country pavilions and global industry participation. The event will welcome exhibitors from diverse corners of the world, including Malaysia, Thailand, Indonesia, Vietnam, the Philippines, Turkey, France, Italy, Hong Kong, China, Bangladesh, Sri Lanka, and, of course, India.
This international and South Asian representation underscores the international character of WOFX, firmly positioning it as the go-to marketplace for both the Indian and global furniture industry.
As in previous editions, WOFX is designed to be the ultimate international sourcing marketplace, connecting industry professionals, designers, builders, buyers, retail chains, and e-commerce companies with potential suppliers, distributors, and clients from around the world. This creates valuable opportunities for networking, collaboration, and forging partnerships across borders.
Rajesh Bhagat, Chairman & Managing Director of Worldex India, the organising force behind WOFX, states, “The surge in projects in the region underscores the growing confidence in the industry. Real estate, hospitality, and retail sectors are expanding to meet the demands of the next generation of consumers who prioritise design, technology, and sustainability. WOFX helps suppliers capitalise on India’s evolving market needs. We firmly believe that as a show exclusively dedicated to the Indian furniture and design industry, WOFX stands as the preeminent regional business platform for this sector.”
WOFX has now emerged as an internationally recognised event for those looking to establish strong local and global partnerships, fostering the development of a well-organised furniture and home décor industry.
To secure your participation and discover more, please visit www.wofxworldexpo.com.