Analysis on Metal Furniture Market in China

An Expert's View about Garden Equipment in China

Last updated: 22 Sep 2011

Analysis on Metal Furniture Market in China

China metal furniture market size exceeded RMB 45 billion in 2009, a growth of more than 15% on a year-on-year basis, according to Zeefer Consulting's latest research report - China Metal Furniture Market Report.

In terms of market position of foreign enterprises in China, in 2009, there were more than 250 foreign enterprises above designated size engaged in the metal furniture industry, accounting for more than 20% of all metal furniture enterprises above designated size across China. All foreign metal furniture enterprises achieved a profit of more than RMB 1 billion in all, accounting for more than 35% of the total profit in this industry. Foreign metal furniture enterprises achieved a profit margin of more than 4%, almost same with the industry average, and they achieved a ratio of return on assets of more than 5%, lower than the industry average.

In terms of industry profit, in 2009, enterprises above designated size in metal furniture industry across China achieved a profit of more than RMB 3 billion in all, a growth of more than 25% on a year-on-year basis. In 2009, more than 200 enterprises in this industry suffered a loss. and the loss from them added up to RMB 225.7 million. The industry average of the rate of return on assets was higher than 7%, and the rate of return on net assets was higher than 15%.

In terms of metal furniture import and export, in 2010, the value of imported metal furniture products in China was more than USD 150 million, Shanghai, Sichuan and Liaoning ranked top 3 domestic destinations in imports, and the value of imports in these three regions added up to USD 77.7 million, accounting for more than 40% of the gross imports across China. In 2010, the gross export of metal furniture products exceeded USD 10 billion, Guangdong, Zhejiang and Fujian ranked top 3 as domestic origins, exports from these origins added up to USD 8.6 billion, accounting for more than 75% of the gross export across China.

Full content of China Metal Furniture Market Analysis:
http://www.allchinareports.com/china-furniture-wood-industry/furniture-industry-analysis/analysis-on-metal-furniture-market-in-china.html

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The analyses above are extracted from the research report: China Metal Furniture Market Report

 


Posted: 21 September 2011, last updated 22 September 2011