Metal Furniture Industry Research

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

Last updated: 4 Sep 2011

China Metal Furniture Industry Research

According to China Metal Furniture Industry Profile - the industry research report issued by Zeefer Consulting, Zhejiang, Guangdong and Shanghai are the major production bases for metal furniture industry in China. Fujian, Jiangsu, Hebei, Beijing, Shandong, Chongqing and Tianjin are the secondary distribution areas for this industry. Zhejiang has most leading metal furniture enterprises, and among all top 100 large metal furniture enterprises across China, 34 are located in Zhejiang.

In terms of market size, in 2009, metal furniture enterprises above designated size achieved a sales revenue of more than USD 10 billion. Guangdong, Zhejiang and Henan ranked top 3 in terms of sales revenue, enterprises in these regions engaged in metal furniture production achieved a sales revenue of more than USD 6 billion. in all, taking a share of more than 60% of the gross sales revenue from above designated size metal furniture enterprises across China. The total number of enterprises above designated size in metal furniture industry was more than 1,000, a rise of more than 15% on a year-on-year basis. The total export delivery value exceeded USD 3 billion, a decline of about 10% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in metal furniture industry added up to more than USD 450 million, a growth of more than 25% on a year-on-year basis. A total of more than 200 enterprises suffered a loss, and the total loss of these enterprises amounted to more than USD 30 million. On average, the ratio of return on net assets in metal furniture industry was higher than 15%.

In terms of market position of foreign enterprises in China, in 2009, there were more than 250 foreign enterprises above designated size engaged in metal furniture production in China, accounting for more than 20% of all metal furniture enterprises across China. Foreign enterprises in China metal furniture industry achieved a ratio of return on net assets of more than 10%, lower than the industry average.

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Full content of China Metal Furniture Industry Analysis:

http://www.allchinareports.com/china-furniture-wood-industry/furniture-industry-analysis/china-metal-furniture-industry-research.html

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The analyses above are extracted from the industry report: China Metal Furniture Industry Profile
 


Posted: 01 September 2011, last updated 4 September 2011

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