vietnam furniture industry

The following value of global furniture imports and market change illustrate the current trends of trading within the furniture industry… U.S. Furniture Industry Eyes Cambodia as Vietnam’s Wages Rise By . The furniture industry has provided many jobs. The Vietnam furniture industry is definitely export-led with 65% of total production being sold abroad. Due to its amazingly high population, China has a lot of people looking for job opportunities. The furniture industry is a labour-intensive and dynamic sector dominated by small and medium-sized enterprises (SMEs) and micro firms. Packaging that can be manufactured in Vietnam ranges from cardboard boxes, soda cans, plastic … Vietnam is now one of the world’s largest exporting countries for wood and wood products with around 4,500 timber processing enterprises across the country [3].In 2018 alone Vietnam earned a record US$9.3 billion from forestry exports [4].The industry continues to grow as demonstrated in the first six months of 2019, where the export turnover of wood and wooden products reached US$4.8 billion. Vietnam wooden furniture products now target high-end market. There are 28,168 furniture suppliers, mainly located in Asia. The Furniture Industry in Vietnam is part of the Country Furniture Outlook Series, that currently covers 100 markets. Vietnam - the "New Star" of Asia's Furniture Industry Vietnam is now becoming one of the “brightest star” in the wood-based furniture production and exports for the world, with furniture exports accounting for about 6% of the global market share, with large markets as: USA, Japan, China, EU, Korea and some new potential markets such as Canada, Russia, India … Therefore, having Vietnam as an option for manufacturing, especially for clothes, shoes, furniture and industrial machinery is still a good idea. Most trade fairs in Vietnam take place in Ho Chi Minh City with 54 trade fairs. Since the making of the furniture involves everything from cutting wood to delivering it, the whole process involves a lot of labor. Vietnam: Revenue in the Furniture & Homeware segment is projected to reach US$844m in 2020. Despite the name, their primary focus is on Furniture manufacturers of all kinds. Wood industry players in Vietnam are expected to make leaps and bounds to help make Vietnam become the world’s second largest interior furniture exporter, after China, within the next 7-8 years. Furniture manufacturer in Vietnam. Exhibition calendar with 81 trade fairs from December 2020 in Vietnam sorted by exhibition date. DUBLIN, Oct. 25, 2019 /PRNewswire/ -- The "The Furniture Industry in Vietnam " report has been added to ResearchAndMarkets.com's offering.. FURNITURE CHINA 2019 CLICK FOR MORE. These figures tend to change frequently. Vietnam’s furniture industry is very diverse, ranging from high-end custom made wood furniture to small boutique shops. This … Vietnam Furniture Manufacturers Handicraft and Wood Industry Association. Vietnam is now becoming one of the “brightest star” in the wood-based furniture production and exports for the world, with furniture exports accounting for about 6% of the global market share, with large markets as: USA, Japan, China, EU, Korea and some new potential markets such as Canada, Russia, India … Now there is huge need across the globe for luxury finishing, popular species, special design, different selling channels, styles and countries. Taiwan – $293 million. "Its help us to find eligitimate suppliers and quality furniture." The statistic depicts the Vietnamese wood and furniture exports from 2011 to 2015, with a forecast for 2020. A wide variety of furniture options are available to you, such as modern, antique. 2011 figures show that the USA is the biggest importer of furniture accounting for 18.8% . Vietnam’s major producers of indoor factories are now not accepting any new orders for product. Patrice Guertin. Industry Snapshots. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. IN addition to furniture, they represent manufacturers of bamboo, rattan, water hyacinth, lacquerware, fine art, pottery, porcelain goods. This study offers an up-to-date and detailed overview of the furniture sector in Vietnam and its prospects, through tables, graphs, illustrated maps and other information processed from direct interviews with top furniture companies and sector experts. Top Global Furniture Wholesalers. The 3 most common types of fairs in Vietnam are Trade Fairs for Machine Construction, Industry … Brazil – $378 million 10. Joenel Endencio Embiado. You can also choose from chinese style, american style, and european style. Furniture business opportunities in Vietnam are enormous and can lead to a definitive competitive edge and increased margins for those that manage to benefit from the huge potential of the furniture industry. Buy furniture from Vietnam: potential and pitfalls when importing furniture from Asia. Sales Representative (Vietnam) "Great show overall!" HOPE – Virtual Gateway to Vietnam Furniture Industry (Hawa Online Platform for Exhibition) is officially launched. In the first session, HOPE introduces virtual showrooms of 50 furniture manufacturers and exporters in Vietnam, and will continuously increase the number of exhibitors. Skip to content . Vietnam – $658 million 6. Select Page. “Recent studies have shown there is an increasing willingness for US consumers to purchase Made-in-Vietnam furniture,” said Dr To Xuan Phuc, an analyst for the Forest Trade and Finance Program, based in Hanoi. A wide … Nguyen Quoc Khanh, HAWA chairman, said not only is the scale growing but also Vietnamese are increasingly demanding higher quality products. Furniture Market Potential Furniture market outline (size of the market, market growth, furniture consumer spending, market openness, import penetration, import growth) Furniture consumption, 2006-2016 Economic environment forecasts, 2017-2018 Furniture market forecasts, 2017-2018 Companies within thriving industries tend to provide higher and more frequent raises. Purchasing furniture in Vietnam can be easy and the key to a successful business in your home country. Vietnam is one of the world’s leaders in packaging. Vietnam. Listed above are the average annual increase rates for each industry in Vietnam for the year 2019. The industry also includes accompaniments for those pieces of furniture, for instance, upholstery, mattresses, and furnishings. Malaysia – $658 million 7. The furniture industry encompasses the creation and sale of furniture for offices, hotels, homes, schools and businesses. The foreign species demand will increase faster than before. Potential of importing furniture from Vietnam for all kinds of businesses Vietnam’s furniture market was worth $4 billion in 2018, and is expected to grow to $5-7 billion by 2025, according to the Handicraft And Wood Industry Association of HCMC. Vietnam Furniture Industry Review USA Export Market. BIFA Wood Vietnam 2018 tổ chức sự kiện Panels & Furniture tại Bình Dương, Thành Phố Hồ Chí Minh, Đồng Nai, Bình Định cho doanh nghiệp tại Việt Nam và các nước trong khu Vực. Vietnam Luxury Furniture Market Report 2019 has complete details about market of Vietnam Luxury Furniture industry, Vietnam Luxury Furniture analysis and current trends. International Furniture Accessories,Hardware & Tools Exhibition: Vietnam: Ho Chi Minh: 15-18 Sep: VietnamWood 2021. International Woodworking Industry Fair: Vietnam: Ho Chi Minh: 21-22 Sep: KZN Construction Expo 2021. Thailand – $391 million 9. Furniture market outline: data for production, consumption, imports, and exports of furniture in Vietnam are provided for the time series 2009-2018, with preliminary estimates for the year 2019. Regional Furniture Specialities in Vietnam The majority of the furniture manufacturing is performed in the HCM City (Saigon) Region. From a supply-side perspective, the furniture industry in Vietnam is analysed through: very good directions, great products!" As well as from office desks, living room sofa, and bedroom set. Look forward to visit next event also" Babbu Minhas. Skilled workers in the industry use various machines, tools and CAD/CAM to contribute to the design and manufacture of the furniture. There are more than 2000 furniture manufacturers and some 2,520 plus wood processing operations (2010) in Vietnam. Companies like IKEA, Ashley Furniture, West Elm, and more manufacture furniture in Vietnam. The ever-increasing flow of furniture exported from Vietnam and exported to countries around the world reflects the huge potential of the Vietnamese furniture industry. The Key Facts of the Furniture Industry Vietnam. Packaging. This article is a review of the Furniture Industry in Vietnam and explains why you should consider Vietnam as a country to source Indoor Furniture. While Vietnam is widely known for being a prime location for investors operating in the textile industry, there are many other business areas that are seeing significant growth in the country. Specialized in Bedroom, Dining and living. The Furniture Industry Provides a lot of Job Opportunities. Tuesday, 12.04.2018. General Manager (Canada) "It's good. More info [/vc_column] HIGHLIGHTS. Indonesia – $562 million 8. Vietnam is now becoming one of the brightest star in the wood-based furniture production and exports for the world. EU furniture manufacturers have a good reputation worldwide thanks to their creative capacity for new designs and responsiveness to new demands. Vietnam furniture industry is moving forward drastically unlike 15 years ago where they focus only on cheap and basic typed of products. Also called HAWA. Aaron Brackett. WOODNET; SHOWROOM; HIGHLIGHTS; CONTACT; One Page Youtube Video. TERMS AND CONDITIONS OF SALE; Facebook; Twitter; Google; RSS Operations Director (USA) "Very nice ! The furniture industry in Vietnam largely consists of State Owned Enterprises (SOE), Private and Foreign enterprises. SHANGHAI FURNITURE SHOW (9-12 Sept 2019) It has been a … WOODNET is a manufacturer, designer and exporter of wooden indoor furniture made in Vietnam. The report also provides furniture market forecasts 2020 and 2021. 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