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FURNITURE December 2008
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Additionally, the amounts of hazardous substances in furniture parts should also be limited to avoid their release into the environment during disposal. A take-back system could potentially be a good system to guarantee the recycling of products. However it may not be very practical to require the set up of a take-back system for all types of furniture. For this reason it is suggested to only impose criteria with respect to recyclability, but not to require the set up of a take-back system. | FURNITURE December 2008 www.ibef.org IBEF V INDIA BRAND EQUITY FOUNDATION FURNITURE December 2008 IBEF INDIA BRAND EQUITY FOUNDATION The Indian Furniture market is worth about US 8 billion Highly unorganised - only about 15 per cent in organised sector Imports worth about US 150 million growing at 60 per cent CAGR Source www.rediff.com www.destinationmadhyapradesh.com Indo Itolion Chambers of Commerce Industry 2 www.ibef.org FURNITURE December 2008 IBEF INDIA BRAND EQUITY FOUNDATION The organised sector includes domestic players as well as imports Share of organised and unorganised sector US Billion Percentage share n Unorganised n Organised There are about 5000 firms in the domestic organised sector and nearly 10500 importers of furniture Organised sector value chain Suppliers Wholesaler Importers Retailer 3 .