vietnam furniture market

vietnam furniture market

8. US$ 2.12 ~ 619 / Kilogram. Vietnam is currently the world's leading exporter of wood products and products of furniture factory. The analysis of the Vietnamese furniture market includes: Selected demand determinants (Population, main cities, building activities, international tourism, per-capita expenditure); A breakdown of furniture consumption by segment (upholstered furniture, kitchen furniture, office furniture, other furniture). The analysis of the Vietnamese furniture market includes: Selected demand determinants (population, main cities, building activities, international tourism, per-capita expenditure) A breakdown of. Overview of Vietnam's paper market in 2018 - Part 3. In 2017, furniture exports were valued at around USD 7.66 billion, increasing to USD 8.66 billion in 2018. In 2015 alone, in the European market, the total export turnover of furniture reached US $ 7.2 billion and US $ 1.7 billion with home decor items. Inside Saigon is a group that operates as a furniture manufacturer, design developer, and exporter for over ten years. According to a report from the EIA, sales in China's Hongmu market exceeded $24 billion in 2014 and Vietnam remains the second-largest consuming market of rosewood. Vietnamese furniture is also exported to China. the most thorough reports including statistics and surveys about the furniture market in Vietnam were confidential, and could only be bought at a very high cost for business purposes. The sources include, but are not limited to: Scientific papers . 8. VIETNAM EXPORT OF TIMBER AND FURNITURE 2012 Export turnover: US$4.67 Billion - 19% YOY Ranking in Worldwide Furniture Export: 6th in the world, 2nd in SEA Vietnam Key Export Market 2012 Other United Korea Countries, States of South, 13% America, 5% 39% EU, 14% Japan, 14% Source: MOIT China, 7 15%. Vietnam's furniture market was worth $4 billion in 2018, and is expected to grow to $5-7 billion by 2025, according to the Handicraft And Wood Industry Association of HCMC. The report Furniture Market in Cambodia to 2020 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for furniture in Cambodia. The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, technological factors, key trends, and future prospects The rising number of nuclear families and growing usage of creative furniture for decorating living spaces and rising inclination of residential buyers towards designed, multi-purpose and smart pieces of furniture boosting the home furnishing market. It is currently the second-largest exporter of furniture in the Asia-Pacific region, and fifth in the world, behind China, Germany, Italy, and Poland. The Key Facts of the Furniture Industry. Vietnam is often considered one of the most expected country to benefit from China-US trade war. For a clearer understanding, it is divided into several parts to cover different aspects of the market. The research includes historic data from 2009 to 2015 and forecasts until 2020 which makes the report an invaluable resource for industry . Today we continue to visit the next market in Saigon: the interior market is located in district 10 -saigon, this largest market in Saigon specializing in se. Last year they had almost 400 manufacturers represented and over 1,800 booths. Furniture market forecasts up to 2021. In 2019, the total value of wood . With the Nghi Son Refinery opening up in early 2018, Vietnam will have two refineries, each producing a wide variety of petroleum products - mostly for the domestic market, but some for exports. Hence, more woodworking machinery and material suppliers are entering the market. Tissue paper. Viet Nam's wood industry continues to grow Vietnamese wood and furniture products are expected to grow in 2022 due to the purchasing demand of the international market along with meeting necessary factors in Free Trade Agreements (FTAs). It is headquartered in Ho Chi Minh City in Vietnam. The CSIL Market Research Report The office furniture market in Asia Pacific and China offers a detailed analysis of the office furniture sector in nine Asia Pacific countries (Australia, China, India - new in this year edition-, Japan, Malaysia, South Korea, Taiwan (China), Thailand and Vietnam), through basic office furniture sector data for the time series 2015-2020, major . Vietnam's indoor and outdoor furniture industry continues to stay strong, and it is expected to remain the same in the coming years. 100 Kilogram (Min. Global furniture market is projected to reach $800,596 million by 2025 end, with a CAGR of 3.5% from 2018 to 2025. Growing GDP, economic stability, and prosperity such as increasing disposal income, per capita income, and growing population coupled with urbanization are contributing to the growing . Vietnam is now becoming one of the "brightest star" in the wood-based furniture production and exports for the world, with furniture exports accounting for about 6% of the global market share, with large markets as: USA, Japan, China, EU, Korea and some new potential markets such as Canada, Russia, India …. Read More October 12, 2020 Vietnam's furniture industry is one of the most dynamic operating in the world. Vietnam Furniture Manufacturing rely more on automatic machinery. Compared to other large furniture exporters in the world, Vietnam's furniture industry holds production advantages in terms of the potential to expand its global market share. Vietnam Home Furniture Market - Growth, Trends, and Forecasts (2020 - 2025) Aug 01, 2020 | USD 3,250 . SAMPLE - VIETNAM HOME FURNITURE MARKET 10 2.2 RESEARCH PHASES 2.1 SECONDARY RESEARCH 2.2 PRIMARY RESEARCH This phase involves a thorough synthesis of the existing publications across the web, to gather meaningful insights on the current situation of the market, technological developments, and any other market-related information. 4 More Products. Related tags : rattan core, indonesia rattan core, flat rattan core, natural rattan core. Raw Material Supply GET THE BEST PRICE On Budget and Secure We help Small & Large… Read More »Home Trade shows for Vietnam furniture manufacturers Vietnam International Furniture & Home Accessories Expo // www.vifafair.com or www.vifaexpo.com. China Furniture Market size was valued at USD 68.3 Billion in 2020 and is projected to reach USD 114.4 Billion by 2028, growing at a CAGR of 6.7% from 2021 to 2028.. Vietnamese wood and furniture products are expected to grow in 2022 due to the purchasing demand of the international market along with meeting . High Quality Raw Rattan Core From Vietnam for Making Furniture 100% Natural Natural. - Leading business in its market niche. 2 Vietnam: Living and Dining Room Furniture Market and the Impact of COVID-19 on It in the Medium Term Published: Nov. 9, 2021 at 12:45 a.m. In terms of market share, some of the major players currently dominate the market. Furniture is used in laboratories, spa, office, clean room, restaurants, camping, bedroom, outdoor, library, parks, stores, and many more places. Learn More We can help you Connect with Direct Factory and WHOLESALERs. Nguyen Quoc Khanh, HAWA chairman, said not only is the scale growing but also Vietnamese are increasingly demanding higher quality products. Vietnam has a long and distinguished history of producing furniture products for its domestic market and, in the last 20 years, for export. The global furniture market has witnessed tremendous growth, leading to outstanding profits for the top 10 furniture brands in the world — who are leading the way for the industry in 2020. We become a one-stop shop for hospitality interior needs. Hsu, president of Fancywood. The research report studies the Vietnam Home Furniture market using different methodologies and analyzers to provide accurate and in-depth information about the market. THINH PHU FURNITURE - TPF specializes in high quality wood furniture with a wide range of outdoor - indoor furniture and accessories.. Our Vision is to be "One of the most reliable and best suppliers of furniture in Vietnam". The Vietnam furniture industry is definitely export-led with 65% of total production being sold abroad. The total consumption of tissue paper in 2018 in Vietnam reached nearly 165000 tons, an increase of 8% as compared to … 27 Jun, 2019 In the first 9 months of 2019 . In 2019, the US was the top market for Vietnam's timber imports, importing more than $3.7 billion in wooden furniture. Vietnamese consumers use a wide range of furniture . Govi gives users a youthful and modern workspace. Forecasts for 2020 indicate a target of 10 billion USD in exports is feasible. Saigon Exhibition & Convention Center (SECC) 799 Nguyen Van Linh, District 7, Ho Chi Minh City, Vietnam. Vietnamese wood and furniture products are expected to grow in 2022 due to the purchasing demand of the international market along with meeting . Abstracts. Italian furniture and interior design companies want to expand their presence in Vietnam as the country is a fast-growing market with a large population and rising income levels. Vietnam exported approximately 6.9 million tons of crude oil in 2017, sending the majority to its regional neighbors. We provide millwork, loose furniture, high quality, custom-made furniture, bespoke hospitality furniture. Shibuya-ku, Tokyo, Japan, Japan, Oct 25, 2021, 08:20 /Comserve / -- This report presents a strategic analysis of the Vietnamese kitchen furniture market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it. Today, Vietnam's furniture industry is one of the most dynamic operating in the world. wholesale Made In Vietnam Furniture, find Made In Vietnam Furniture wholesalers companies manufacturers factory and get best price on Furniturewholesales.com. With Swedish furniture giant IKEA's initial steps in investing more than $500 million to build a retail center network and warehouse in Hanoi, Vietnam will be . Specialized furniture manufacturer and exporter in Vietnam with almost 200 employees available for full sale.. Furniture, Dĩ An USD. Vietnam's wood businesses have recently made strong and effective changes in technologies and governance to ensure they are competitive within global market trends. Furniture Market size exceeded USD 545.78 billion in 2020 and is estimated to exhibit 5.4% CAGR from 2021 to 2027. Order) 99 Gold Data. With all the information gathered, a model (figure 1) was then created, in order to facilitate Furniture market outline (size of the market, market growth, furniture consumer spending, market openness, import penetration, import growth) Furniture consumption, 2006-2016. The global furniture market share is to be worth USD 472.30 Billion by 2024 and is expected to grow at a CAGR of 5.2% by 2024. Top Furniture Manufacturers In Vietnam: Full List. The analysis of the Vietnamese furniture market includes: Selected demand determinants (population, main cities, building activities, international tourism, per-capita expenditure) A breakdown of. Furniture from Vietnam is now exported to over 120 countries, of which the main markets are the United States, the United Kingdom, Canada, Australia, and Japan. However, people might be over-optimistic about Vietnam, said Calon K.L. Vietnam's wood industry continues to grow. The following is a list of furniture manufacturers in Vietnam that can produce wooden furniture from custom designs or their collections: 01 // Inside Saigon. Most commonly referred to as VIFA EXPO is the largest furniture trade show in Vietnam. ET The report Furniture Market in Vietnam to 2020 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for furniture in Vietnam. Register + Add Profile Add New Profile Add Business . But Vietnam's domestic market belongs to the foreign "big players". Furniture from Vietnam is now exported to over 120 countries, of which the main markets are the United States, the United Kingdom, Canada, Australia, and Japan. Short Description This report presents a strategic analysis of the Vietnamese kitchen furniture market and a forecast for its development . Today, Vietnam is the second-largest exporter of furniture in the Asia-Pacific region after China. The Vietnam Luxury Furniture market report provides a detailed analysis of global market size, value chain optimization, segmentation market growth, market share, competitive Landscape, regional and country-level market size, sales analysis, impact of domestic and global market players, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product . Each place is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the . The tissue paper in Vietnam is mainly used to make products such as napkins, face towels, and toilet paper. The retail market for non-decorative protective coatings in Vietnam, in 2016, was jointly dominated by Jotun Paints (Vietnam) Co., Ltd with approximately 50.0% market share and International Paint Singapore Pte Ltd (Vietnam branch) or Akzo Nobel (Vietnam) with an approximate share of 40.0%. VIETNAM EXPORT OF TIMBER AND FURNITURE 2012 Export turnover: US$4.67 Billion - 19% YOY Ranking in Worldwide Furniture Export: 6th in the world, 2nd in SEA Vietnam Key Export Market 2012 Other United Korea Countries, States of South, 13% America, 5% 39% EU, 14% Japan, 14% Source: MOIT China, 7 15%. The research includes historic data from 2009 to 2015 and forecasts until 2020 which makes the report an invaluable resource for . The EU-Vietnam Free Trade Agreement (EVFTA) is also expected to open up new opportunities for both Vietnamese and European companies, including those from Italy. AA Corporation is the leading interior fit-out, interior design and furniture manufacturing company in Vietnam and Asia. Our Values:. is now exported to over 120 countries, of which the main markets are the US, UK, Canada, Australia, and Japan. Competitive Landscape. USD. Discover Best Wholesale Opportunities! In 2020, Vietnam drove out China from the leading position in the American imports and became the largest exporter of wood kitchen furniture to the U.S. Over the last year, the supplies from Vietnam rose from $224M to $487M. Vietnamese furniture is also exported to China. In the first 9 months of 2019 . By 2006, Vietnamese wooden furniture had already penetrated into 167 countries and territories in the world. The event is organized by Binh Duong Furniture Association (BIFA) with the collaboration of Taiwan Furniture Manufacturers Association (TMFA), two furniture . 9 - 12 March | 2022. Việt Nam's furniture exports to the US have risen sharply in recent times, but to sustain the growth firms need to focus on complying with regulations in that market, including sustainable development norms, experts have said. Minh Duong Furniture Corp ranks among the largest manufacturing companies in Vietnam that manufacture and exports indoor furniture. Quality driven: each member in the factory is an . Vietnamese furniture is also exported to China. Discover the opportunity to Grow your business 10X Today! The Vietnamese luxury furniture market is worth $2.5 billion, with 80 percent of products from Europe and 20 percent domestically made. The report encompasses the diverse segments with an analysis of the emerging market trends and factors that impels a positive impact on the growth of the market. Vietnam has become a preferred location to set up furniture factories and is a major base for furniture exports. Room 605, 6th Floor, Toyota My Dinh Building 15 Pham Hung Street, Hanoi, Vietnam Hotline: +84-24-2238-9898 Email: support@ipavietnam.org Global Premium Furniture and Furnishings Market - Analysis By Product, Distribution Channel, End Use, By Region, By Country : Market Insights and Forecast with Impact of COVID-19 : December 2021 $ 2400 North America School Furniture Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material, Product Type, and Distribution Channel (MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Nov 09, 2021, 00:44 /Comserve / -- This report presents a strategic analysis of the Vietnamese living and dining room furniture market and a . China Furniture Market Size And Forecast. Some 80 percent of luxury woodwork and interior decoration items in Vietnam is imported from Europe, with local players accounting for the rest, according to the Vietnam Chamber of Commerce and Industry. It was established in 2006 as a furniture exporting company to Australian, Japanese, Asian, North American and New Zealand markets. Revenue in the Furniture segment is projected to reach US$489,535m in 2022. It is currently the second largest exporter of furniture in the Asia-Pacific region, and fifth in the world, behind China, Germany, Italy, and Poland. Vietnam. High Quality Raw Rattan Core From Vietnam for Making Furniture 100% Natural Natural. Rise in Furniture Exports From Vietnam Timber and furniture have become the sixth-largest export category in Vietnam, accounting for 6% of the world market share. Our Mission is to be "Your factory in Vietnam making products for your best benefits". U.S. softwood is still new to the Vietnam market, but Post expects market share to grow as Vietnam expands its use of softwood in furniture and construction Most of the furniture is manufactured using a variety of materials and is available . + 4. In particular, Govi is always updating the world's design trends, innovating products and customer care processes. The country's wood and furniture market is valued at $2.5 billion, it added. Govi Furniture is one of the leading office furniture suppliers which provide modern designs in Vietnam. Economic environment forecasts, 2017-2018. They include Germany, France, Japan, China, Malaysia and Thailand. Made-in-Vietnam wooden products conquer US market. Vietnam's indoor and outdoor furniture industry continues to stay strong, and it is expected to remain the same in the coming years. Find the right products. Growing development of new residential projects across the globe is likely to drive the industry growth. 24 4.3 Swot analysis of Vietnam's retail market 25 4.4 Competitive strategies 28 4.5 Governmental influences in Vietnamese retail market 30 5 E-Commerce in Vietnam 32 In October 2018, Philippe Starck, the legendary French designer, the owner of the works being exhibited at prestigious arts museums around the world, visited Vietnam to survey the market. It was founded in 2002, but within a decade, it emerged as an industry leader in the local manufacturing industry. Revenue is expected to show an annual growth rate (CAGR 2022-2025) of 12.78%, resulting in a projected market volume of .

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vietnam furniture market

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