China Bamboo & Cane Furniture Market Analysis

An Expert's View about Forestry, Logging and Wood Products in China

Last updated: 22 Sep 2011

China Bamboo & Cane Furniture Market Analysis

According to Zeefer Consulting's latest market research report - China Bamboo & Cane Furniture Market Report and calculated according to Zeefer China Market Size formula, China bamboo & cane furniture market size in 2009 exceeded RMB 2 billion, a growth of more than 40% on a year-on-year basis.

In terms of market position of foreign enterprises in China, in 2009, there were more than 20 foreign enterprises above designated size engaged in the bamboo & cane furniture industry, accounting for more than 25% of all bamboo & cane furniture enterprises above designated size across China. These enterprises achieved a sales revenue of more than RMB 1 billion in all, accounting for more than 30% of the total sales revenue from all bamboo & cane furniture enterprises above designated size across China. Foreign bamboo & cane 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 4%, lower than the industry average.

In terms of industry profit, in 2009, enterprises above designated size in bamboo & cane furniture industry across China achieved a profit of more than RMB 100 million in all, a growth of more than 60% on a year-on-year basis. In 2009, more than 15 enterprises in this industry suffered a loss. The industry average of the rate of return on assets was higher than 6%, and the rate of return on net assets was higher than 10%.

In terms of bamboo & cane furniture import and export, in 2010, the value of imported bamboo & cane furniture products in China was more than USD 1 million, Guangdong, Shanghai and Beijing ranked top 3 domestic destinations in imports, and the value of imports in these three regions added up to USD 1.3 million, accounting for more than 90% of the gross imports across China. In 2010, the gross export of bamboo & cane furniture products exceeded USD 50 million,  and USA, Singapore and Thailand ranked top 3 as export destinations. Exports to these destinations added up to USD 25.3 million, accounting for more than 45% of the gross export.

Full content of China Bamboo & Cane Furniture Market Analysis:
http://www.allchinareports.com/china-furniture-wood-industry/furniture-industry-analysis/china-bamboo-cane-furniture-market-analysis.html

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The analyses above are extracted from the research report: China Bamboo & Cane Furniture Market Report

 


Posted: 21 September 2011, last updated 22 September 2011

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