Furniture market in china market brief

download Furniture market in china   market brief

of 22

  • date post

    06-Sep-2014
  • Category

    Business

  • view

    660
  • download

    3

Embed Size (px)

description

 

Transcript of Furniture market in china market brief

  • FURNITURE MARKET IN CHINA Market Brief Beijing Zeefer Consulting Ltd. October 2011
  • Authorized by:Beijing Zeefer Consulting Ltd.Company Site:http://www.Zeefer.orgOnline Store of China Industry Reports:http://www.AllChinaReports.comBeijing Zeefer Consulting Ltd. and (or) its affiliates (hereafter,"Zeefer") provide this publication with the greatest possible care.Nevertheless, Zeefer makes no guarantee whatsoever regarding theaccuracy, utility, or certainty of the information in this publication.Further, Zeefer disclaims any and all responsibility for damages thatmay result from the use or non-use of the information in thispublication.The information in this publication may be incomplete and/or maydiffer in expression from other information in elsewhere by othermeans. The information contained in this publication may also bechanged or removed without prior notice.
  • About Zeefer ConsultingBeijing Zeefer Consulting Ltd. is a professional consulting firm focusing on providing Chinamarket research, China market entry strategy and industrial intelligence information services.ZEEFER was founded in 2002, located in Beijing, China.ZEEFERs research service includes: CHINA MARKET ENTRY RESEARCHIt is market entry guidance for target products, providing essential China market information,assisting clients to enter China market and expand market share in China. This researchservice extensively covers main industry products and consumer products. CUSTOMIZED MARKET RESEARCHProviding on demand market research service, it is focusing on assisting clients to solve theindividual issues when they are interested in China market. Usually the research contentscovering product viability, competition analysis, market size, sales channel, administrationissues, market trends, industry policies, market entry issues, etc. CHINA IMPORTED AND EXPORTED COMMODITIES RESEARCHProviding import and export data analysis for target products, a direct view to describe importand export trend by plenty figures and tables. Contrasting the trade data in different countries,origins, destinations and trade modes. To discover the fact and reason behind the trendchanges. FINDING CHINESE PARTNERSTo assist clients in finding the right potential partners, connecting clients with potential buyers,distributors, agents, importers and exporters, administrative organizations and competitors inChina. CHINA INDUSTRY PROFILES500+ yearly updated industry profiles on 500+ Chinese industries. The profiles presentoverview for each of these industries by providing concise analyses and 3 years key data.These profiles reflect the position of foreign enterprises and show the regional differencesacross China in each of the industries. CHINA MARKET REPORTSThis series includes more than 200 market research reports on over 200 market sectors inChina. Contents of these reports consist of market size, market share & structure, hotdomestic regions, top 10 enterprises, import & export, key statistical data and industrystandards. All the market reports are yearly updated.For more information please visit:Company Site: www.Zeefer.orgChina Industry Reports: www.AllChinaReports.com
  • TABLE OF CONTENTFurniture Market in China...................................................................................................1Wooden Furniture Market in China....................................................................................4Bamboo & Cane Furniture Market in China......................................................................6Metal Furniture Market in China........................................................................................9Other Furniture Market in China......................................................................................13
  • www.AllChinaReports.com Industry Reports & Market Research FURNITURE MARKET IN CHINAAccording to Zeefer Consultings research report - China FurnitureMarket Report and calculated according to Zeefer China Market Sizeformula, China furniture market size in 2009 exceeded RMB 200 billion, agrowth of more than 20% on a year-on-year basis.In terms of market position of foreign enterprises in China, in 2009, therewere more than 1,000 foreign enterprises above designated size engagedin the furniture industry, accounting for more than 20% of all furnitureenterprises above designated size across China. These enterprisesachieved a sales revenue of more than RMB 95 billion in all, accountingfor more than 30% of the total sales revenue from all furniture enterprisesabove designated size across China. Foreign furniture enterprisesachieved a profit margin of more than 3%, almost same with the industryaverage, and they achieved a ratio of return on assets of more than 4%,lower than the industry average.In terms of the industry size, in 2009, enterprises above designated sizeinside the furniture industry achieved a sales revenue of more than RMB250 billion in all. They produced a total of more than 535,585,000 pieces offurniture, a rise of more than 2% in total production on a year-on-yearbasis. The total assets of all enterprises in the industry exceeded RMB 150billion, a rise of more than 10% on a year-on-year basis. On an annualaverage, employees in furniture industry were more than 945,000, adecline of more than 3% on a year-on-year basis.In terms of industry profit, in 2009, enterprises above designated size infurniture industry across China achieved a profit of more than RMB 10Beijing Zeefer Consulting Ltd. -1-
  • www.AllChinaReports.com Industry Reports & Market Researchbillion in all, a growth of more than 25% on a year-on-year basis. Onaverage, enterprises achieved a profit margin of more than 4%. In 2009,more than 950 enterprises in this industry suffered a loss.In terms of furniture import and export, in 2010, the value of importedfurniture products in China was more than USD 1 billion, and Japan,Germany and South Korea ranked top 3 as Origin of Imported Goods,imports from these top three origins added up to USD 821 million,accounting for more than 50% of the gross imports. In 2010, the grossexport of furniture products exceeded USD 30 billion, and USA, Japanand United Kingdom ranked top 3 as export destinations. Exports to thesedestinations added up to USD 15.3 billion, accounting for more than 40%of the gross export. Guangdong, Zhejiang and Fujian ranked top 3 asdomestic origins, exports from these origins added up to USD 22.1 billion,accounting for more than 60% of the gross export across China.In terms of the market share in China, top 10 leading enterprises infurniture industry won a market share of more than 7% in all in terms ofthe sales revenue, and the top leading enterprise gained a market share ofmore than 1% (source: data for 2008). In terms of the market position ofimported furniture products, in 2009, imported products won a marketshare of less than 4% in the furniture market across China.Data Source:China Furniture Market ReportRelated Industry Reports:China Furniture Industry ProfileChina Furniture Industry ProfileChina Wooden Furniture Market ReportChina Bamboo & Cane Furniture Market ReportBeijing Zeefer Consulting Ltd. -2-
  • www.AllChinaReports.com Industry Reports & Market ResearchChina Metal Furniture Market ReportChina Plastic Furniture Market ReportChina Soft Furniture & Glass Furniture Market ReportBeijing Zeefer Consulting Ltd. -3-
  • www.AllChinaReports.com Industry Reports & Market ResearchWOODEN FURNITURE MARKET IN CHINAChina wooden furniture market size exceeded RMB 100 billion in 2009, agrowth of more than 20% on a year-on-year basis, according to ZeeferConsultings research report - China Wooden Furniture Market Report.In terms of market position of foreign enterprises in China, in 2009, therewere more than 800 foreign enterprises above designated size engaged inthe wooden furniture industry, accounting for more than 20% of allwooden furniture enterprises above designated size across China. Allforeign wooden furniture enterprises achieved a profit of more than RMB1 billion in all, accounting for more than 10% of the total profit in thisindustry.In terms of the industry size, in 2009, enterprises above designated sizeinside the wooden furniture industry achieved a sales revenue of morethan RMB 150 billion in all. They produced a total of more than182,760,000 pieces of wooden furniture, a rise of more than 3% in totalproduction on a year-on-year basis. In the wooden furniture industry,more than 3,000 enterprises were above designated size, an increase ofmore than 20% on a year-on-year basis. On an annual average, employeesin wooden furniture industry were more than 570,000, a decline of morethan 3% on a year-on-year basis.In terms of industry profit, in 2009, enterprises above designated size inwooden furniture industry across China achieved a profit of more thanRMB 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 percentageBeijing Zeefer Consulting Ltd. -4-
  • www.AllChinaReports.com