Since the beginning of the 2020 pandemic, the world and India has witnessed disruptive changes in almost all the sectors of the world. The lockdown and the work from home options have altered the way people live in their homes and carry out their daily routines.

There has been a significant change as to how now people spend their time at home or to be more precise how they spend both their leisure and working time at home. The Covid 19 pandemic has given rise to a new work ethic, ‘remote working’. And this is going to continue in the coming years.

From the office to homes, the need for individual space to enjoy a peaceful indoor time has paved the way for multi-functional, multi-dimensional, and customized sofa options that can make living comfortable as well as the one having a utility value. As one of the leading Sofa Set Manufacturers in Pune, SPNS Sofa is proud of the fact that our highly knowledgeable team realized this very fact and aims to incorporate avant-garde strategies for our creations.

Meanwhile, the resultant pandemic has led to a slowdown in international trade and a propelling wave for ‘local for vocal’ and ‘Make in India’.

Some statistics to observe-

The Domestic Indian Sofa and Furniture Market are expected to grow at a rate of 12.91% CAGR (Compounded Annual Growth Rate) during the period from 2020 to 2024. This along with the changing international market scene, the potential for the future of the exports also looks promising. This is because most of the top manufacturers are moving their manufacturing base out of China and shifting to other countries.

The pandemic has given the other nations to think and re-evaluate their trade options with China and explore other opportunities apart from the Asian Trade giant.

Which are the top parameters which will drive the growth for Make in India?

• Consumer preferences are changing in a stupendous way and for the better. As mentioned earlier the pandemic and the lockdown have bought about a drastic change in the way India stays in its homes. The need to spend extended time at home with the family, along with sharing personal space with the family members, has given rise to new and innovative sofa models for the Indian manufacturer. As one of the sought-after leading sofa factories in Pune, SPNS understands the changing consumer preferences and aims to craft leading-edge and original sofa for India’s modern age consumer.

• Various important policy initiatives. One of the biggest boosts for the Indian Sofa Manufacturing sector is the solid backing found by the Indian Government and this has consequently led to a boost in the manufacturing sector. According to the Make in India initiative, the Government of India plans to upgrade the sofa manufacturing sector by 25% by the year 2025.
• A robust logistics infrastructure. One of the key reasons to drive the growth of Make in India is the growing logistics and supply chain infrastructure. There have several improvements in the road, railways, and international freight network along with a focus on technology. This has led to the rapid increase in the logistics and supply chain management for the transportation of sofa.
• Rapid demand for modular sofa in top metro cities was the majority of the working population resides is creating a positive impact on the living spaces market. Some of the leading cities are Pune, Mumbai, Chennai, and Delhi.
• The rise of the real estate sector has led to the demand for creative urban living as the modern age consumer has different needs and demands.Moreover the financing in the Indian retail sectorat both National and International levelhas bolstered the growth of the sofa market in India.

• A 100% FDI policy for the township and several development projects are attracting foreign investment in the Indian real estate investment sector. This is directly responsible for the rise in quality residential apartments and the demand for high-end, innovative, different style sofa and modern seating arrangements in the Urban Indian Living space.

At SPNS sofa we can proudly say that our exceptionally talented team continuous to better themselves in every client endeavor. Our mission is client satisfaction at any cost and understanding the needs of our esteemed customers to give them top services. As the prime Sofa Dealers in Pune, we aim to improve our customer services every single day as we believe there are no limits to quality deliverables.