Plastic Furniture Industry Research

An Expert's View about Furniture in China

Last updated: 4 Sep 2011

China Plastic Furniture Industry Research and Statistics

Guangdong province has most leading plastic furniture enterprises, and among all top 100 large plastic furniture enterprises across China, 36 are located in Guangdong. According to China Plastic Furniture Industry Profile - the industry research report issued by Zeefer Consulting, Zhejiang, Guangdong and Fujian are the major production bases for plastic furniture industry in China. Shandong, Henan, Guangxi, Jiangsu, Shanghai, Beijing and Sichuan are the secondary distribution areas for this industry.

In terms of market size, in 2009, plastic furniture enterprises above designated size achieved a sales revenue of more than USD 550 million. Guangdong, Zhejiang and Fujian ranked top 3 in terms of sales revenue, enterprises in these regions engaged in plastic furniture production achieved a sales revenue of more than USD 400 million. in all, taking a share of more than 75% of the gross sales revenue from above designated size plastic furniture enterprises across China. On an annual average, total employees in plastic furniture industry exceeded 10,000, a decline of more than 15% on a year-on-year basis. The total export delivery value exceeded USD 150 million, a decline of about 9% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in plastic furniture industry added up to more than USD 20 million, a growth of more than 40% on a year-on-year basis. A total of more than 15 enterprises suffered a loss, the percentage of loss-incurring enterprises was higher than 10%. On average, the ratio of return on assets in plastic furniture industry was higher than 6%.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in plastic furniture production in China added up to more than USD 100 million, taking a share of more than 25% of the gross sales revenue from plastic furniture enterprises across China. Foreign enterprises in China plastic furniture industry achieved a ratio of return on sales of 0.7%, lower than the industry average.

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Full content of China Plastic Furniture Industry Analysis:

http://www.allchinareports.com/china-furniture-wood-industry/furniture-industry-analysis/china-plastic-furniture-industry-research-and-statistics.html

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


Posted: 01 September 2011, last updated 4 September 2011

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