China Wooden Furniture Market Research

An Expert's View about Furniture in China

Last updated: 22 Sep 2011

China Wooden Furniture Market Research & Statistics

China wooden furniture market size exceeded RMB 100 billion in 2009, a growth of more than 20% on a year-on-year basis, according to Zeefer Consulting's latest research report - China Wooden Furniture Market Report.

In terms of market position of foreign enterprises in China, in 2009, there were more than 800 foreign enterprises above designated size engaged in the wooden furniture industry, accounting for more than 20% of all wooden furniture enterprises above designated size across China. All foreign wooden furniture enterprises achieved a profit of more than RMB 1 billion in all, accounting for more than 10% of the total profit in this industry.

In terms of industry profit, in 2009, enterprises above designated size in wooden furniture industry across China achieved a profit of more than RMB 6 billion in all, a growth of more than 20% on a year-on-year basis. On average, enterprises achieved a profit margin of more than 4%. In 2009, more than 550 enterprises in this industry suffered a loss. the percentage of loss-incurring enterprises was higher than 15%.

In terms of wooden furniture import and export, in 2010, the value of imported wooden furniture products in China was more than USD 350 million,  and Italy, Germany and Vietnam ranked top 3 as Origin of Imported Goods, imports from these top three origins added up to USD 195.3 million, accounting for more than 50% of the gross imports. In 2010, the gross export of wooden furniture products exceeded USD 15 billion, Guangdong, Zhejiang and Shanghai ranked top 3 as domestic origins, exports from these origins added up to USD 10.1 billion, accounting for more than 60% of the gross export across China.

Full content of China Wooden Furniture Market Analysis:
http://www.allchinareports.com/china-furniture-wood-industry/wood-products-industry-analysis/china-wooden-furniture-market-research-statistics.html

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

 


Posted: 21 September 2011, last updated 22 September 2011

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