{"id":26651,"date":"2017-09-14T11:45:02","date_gmt":"2017-09-14T06:15:02","guid":{"rendered":"https:\/\/mccoymart.com\/post\/?p=26651"},"modified":"2024-07-23T15:48:23","modified_gmt":"2024-07-23T10:18:23","slug":"pepperfry-venturing-flooring-market","status":"publish","type":"post","link":"https:\/\/mccoymart.com\/post\/pepperfry-venturing-flooring-market\/","title":{"rendered":"Pepperfry venturing into flooring market"},"content":{"rendered":"<div align=\"justify\">\n<p>Pepperfry has planned to venture into the flooring market by targeting&nbsp;a \u20b95,000-crore turnover by 2020 and has also drafted an aim to&nbsp;help build 20 million homes in three years.<\/p>\n<p>The company&nbsp;garnered a business of \u20b91,000 crore in the year 2016 all because of the growing furniture market in the country while facilitating&nbsp;5 million homes, says the&nbsp;CEO and founder, Pepperfry,&nbsp;AmbareeshMurty. He also&nbsp;attributes&nbsp;the growing number in nuclear families as the reason behind the growth, with the&nbsp;organised furniture market, growing at 15 per cent, being valued at&nbsp;\u20b920,000 crore.<\/p>\n<p>Currently though, 90 per cent of the furniture business existing in the country is under the unorganised section, added Murty. The&nbsp;company\u2019s first Studio Pepperfry is now open in Kochi. It is the&nbsp;21st experience centre established in a span of two years with the company aiming at taking the numbers to 50 by March 2018. Murty also added&nbsp;that studios form an integral part of the strategy to build the largest omni-channel business in the furniture and home segment in India. The studios, he says, in the South, specifically,&nbsp;Bengaluru and Chennai, followed by Kochi, are the highest contributors to the business.<\/p>\n<p>\u201cIn fact, Kochi has high value of products in the entire gamut of merchandises. Against an average order value of \u20b918,000 in India, Kochi\u2019s average size of furniture order was to the tune of \u20b922,000\u201d, he said, adding that they would venture into the flooring segment soon as they want to provide&nbsp;all home furnishing materials under one roof.<\/p>\n<p>To help the same,&nbsp;the company has tied up with Grow Trees, a social enterprise that plants trees on government and community lands. Pepperfry has planted around 30,000 trees through this partnership.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pepperfry has planned to venture into the flooring market by targeting&nbsp;a \u20b95,000-crore turnover by 2020 and has also drafted an aim to&nbsp;help build 20 million homes in three years. The company&nbsp;garnered a business of \u20b91,000 crore in the year 2016 all because of the growing furniture market in the country while facilitating&nbsp;5 million homes, says &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mccoymart.com\/post\/pepperfry-venturing-flooring-market\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pepperfry venturing into flooring market&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":26653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[708,1666],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pepperfry venturing into flooring market | McCoy Mart<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mccoymart.com\/post\/pepperfry-venturing-flooring-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pepperfry venturing into flooring market | McCoy Mart\" \/>\n<meta property=\"og:description\" content=\"Pepperfry has planned to venture into the flooring market by targeting&nbsp;a \u20b95,000-crore turnover by 2020 and has also drafted an aim to&nbsp;help build 20 million homes in three years. The company&nbsp;garnered a business of \u20b91,000 crore in the year 2016 all because of the growing furniture market in the country while facilitating&nbsp;5 million homes, says &hellip; Continue reading &quot;Pepperfry venturing into flooring market&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mccoymart.com\/post\/pepperfry-venturing-flooring-market\/\" \/>\n<meta property=\"og:site_name\" content=\"McCoy Mart\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mccoymart\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-14T06:15:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-23T10:18:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mccoymart.com\/post\/wp-content\/uploads\/2017\/09\/pepperfry.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"774\" \/>\n\t<meta property=\"og:image:height\" content=\"362\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Team McCoy Mart\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mccoymart\" \/>\n<meta name=\"twitter:site\" content=\"@mccoymart\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team McCoy Mart\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mccoymart.com\/post\/pepperfry-venturing-flooring-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mccoymart.com\/post\/pepperfry-venturing-flooring-market\/\"},\"author\":{\"name\":\"Team McCoy Mart\",\"@id\":\"https:\/\/mccoymart.com\/post\/#\/schema\/person\/9c0fc28b9d1c136870c6279d85aa9b6d\"},\"headline\":\"Pepperfry venturing into flooring market\",\"datePublished\":\"2017-09-14T06:15:02+00:00\",\"dateModified\":\"2024-07-23T10:18:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mccoymart.com\/post\/pepperfry-venturing-flooring-market\/\"},\"wordCount\":299,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mccoymart.com\/post\/#organization\"},\"articleSection\":[\"Building &amp; 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