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INDIAWOOD 2024 is about to return with a host of opportunities

 Monday, January 8, 2024

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INDIAWOOD 2024 is about to return with a host of opportunities

INDIAWOOD 2024 is about to return on the show floor with its elaborate edition. It is all prepared to create new benchmarks with a record number of leading companies and organisations that will be there to showcase their cutting-edge products and services. The show will welcome the visitors and wood enthusiasts from February 22 and will continue till February 26, 2024.

Set to unveil innovation and sustainability in woodworking industry, the 2024 edition of the show will showcase unparalleled innovation and trendy solutions that are currently ruling the woodworking and furniture manufacturing industry. Already holding a reputation of being one of the notable event, INDIAWOOD 2024 is hosting over 950 companies from more than 50 countries spread across 75,000 SqMs. The event is attracting an impressive array of participants from international countries like Germany, Italy, France, Malaysia, Canada, USA, Turkey. The participants will present themselves at the official pavilions.

Scheduled to take place from February 22 – 26 , 2024 at Bangalore International Exhibition Centre (BIEC), Bengaluru, the 2024 edition promises to be the most impactful event yet, bringing together industry leaders, technology suppliers and buyers from around the world. The event plans to bring the best for the visitors therefore is also hosting a comprehensive line-up of seminars, workshops, and panel discussions led by experts and thought leaders.

Co-located events will include India Mattresstech & Upholstery Supplies Expo, along with concurrent events, Wood + in Architecture & Design and Surface in Motion India.

Furniture & Kitchen manufacturers, architects, interior designers, timber traders, saw millers, builders, contractors, hardware distributors, dealers from all over the country and neighboring countries such as Nepal, Bhutan, Sri Lanka, the Middle-East & other international countries will be a part of this 5-day mega event. The show floor will open various scopes for the attendees to gain valuable insights into emerging trends, sustainable practices, and innovative technologies.

This prospective event played a pivotal role in fostering within the woodworking sector in India. India’s woodworking industry has seen remarkable progress over the years, while the Indian furniture market reached a significant growth. The industry is reaching a new height with an an estimated value of USD 15.79 billion in 2023, projected to reach USD 26.85 billion by 2028, driven by a robust CAGR of 11.20% during 2023-2028.

India now accounts for 5% of the global furniture market, valued at $32 billion, with the development of furniture hubs and a significant increase in wood exports further fueling its growth trajectory, making it a promising market for both domestic and international players.

Trade Promotion Council of India (TPCI) has signed a pact with World Furniture Confederation to set up modern industrial clusters for manufacturing furniture in the country, which will allow the industry to do cost-effective manufacturing at globally competitive prices.

Moreover, the India-Australia Economic Cooperation and Trade Agreement (ECTA) and India-UAE Comprehensive Economic Partnership Agreement (CEPA) signed last year offer zero-duty market access for made-in-India furniture to these markets.

“INDIAWOOD 2024 is more than just an exhibition; it’s a dynamic marketplace that brings together visionaries and trailblazers in the woodworking and furniture manufacturing sectors,” stated Sonia Prashar, Managing Director, Nuernberg Messe India “This year’s event is geared towards promoting innovation, sustainability, and lucrative business opportunities, solidifying India’s position as a global leader in the industry.”

As Asia’s biggest event for woodworking and furniture manufacturing technology, INDIAWOOD 2024 in its record-breaking format is instrumental in defining future trends of the sector. EUMABOIS pride itself for being pluriannual partner of the exhibition and will always stand for such a positive woodworking business environment.”

INDIAWOOD has always proved to be the perfect platform that consistently offers products , solutions and content across the entirety of the woodworking and furniture manufacturing sector, offering the most curated platform for the visitors. This time too, the other accompanying the show will effectively enhance the visitors’ experience.

The third edition of ‘Wood in Architecture and Design (WAD)’, one day conference, to be held on the 22nd of February will bring together Architects, Structural Engineers, Designers and Mass-Timber manufacturers to explore through panel discussions, expert presentations and interesting case studies the application of wood as a construction material.

INDIA MATTRESSTECH + UPHOLSTERY SUPPLIES EXPO (IME), held concurrently will have on display the latest technology for mattress production machinery and supplies, mattress finishing machinery and supplies, production tools and equipment, upholstery production technology, bed systems, new materials etc.

Newest launch SURFACE IN MOTION will also be held on February 23. This will bring the top speakers who will present the latest topics on decorative surfaces for wood-based materials.

Speaking about the INDIAWOOD 2024 and its effective role, Luigi De Vito, President, Eumabois (European Federation of Woodworking Machinery Manufacturers, SCM Group General Manager and SCM Wood Division Director said, “The Indian market is growing in sync with the global demand and is perfectly positioned to offer High-tech solutions and integrated systems that are specifically tailored to the needs of manufacturing companies who wish to improve and enhance their production performance. Accordingly, this might be the right momentum when European and Indian manufacturing have a unique opportunity to deepen their partnership and shape the upcoming industrial agenda in terms of trade, digitalisation and sustainability.

Integration of advanced technology such as CNC (Computer Numerical Control) machines, automation, and digital design software has been taking over the flow of the woodworking industry, increasing the precision, efficiency and creativity in the booming woodworking and furniture manufacturing processes. The demand for unbanisation is parallelly changing the preferences of the customers. Need for smaller living spaces, the demand for modular, multifunctional and space-saving furniture has been increasing with every passing day. Manufacturer are leaving no stone unturned to bring innovative machines and solutions on the market, to maximize space utilisation. Keeping this thing in mind Indian manufacturer are also incorporating global design trends into their creations, offering products that resonate with international standards and design aesthetics. Events like the INDIAWOOD is further being instrumental in bringing the worldwide woodworking industry under the same roof, for better exchange of ideas for people growth and expansion.

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