China furniture market - growth, trends, and forecast (2020-2025)

China is known for having a quite strong demand for furniture because of its high population. Moreover, it is known for manufacturing highly stylish furniture available at the best prices. Do you know that China is also regarded as the biggest exporter of wooden furniture?

The study says that the export value of Chinese furniture, as well as parts in 2018, used to be USD 53.69 billion. Talking about the prominent countries to which China generally export furniture is many such as Hong Kong, Japan, Vietnam, and the European Union, and so on. The country also introduces furniture from countries such as Germany and Italy. It means they are covering a wide array of places indeed.

The Outlook For China Furniture

Here, it needs to mention that the outlook for the China Furniture industry is doing quite well along with the industry expected to expand at a CAGR of 7% in the forecast period. The fact cannot be ignored that the Chinese furniture industry is regarded as the biggest furniture industry all across the country.

They have always been high in demand because of their new age and stylish furniture bringing at the forefront. Apart from it, this is also regarded as one of the prominent producers, consumer as well as exporter of furniture. The product side of Chinese furniture is around 40% of the world’s furniture production.

China holds a flourishing furniture industry because of the availability of a variety of natural resources. Some of the known locations in China where the local furniture industry is concentrated are many such as Fujian, Zhejiang, Shanghai, Pearl River Delta, and Beijing, and so on. Here, it needs to mention that the country is also responsible for a new trend of furniture malls being kicked off in China because of the rising consumer demands.

Furniture store development and Its Significance -

Key Market Trends are helping it to the next level. The new age e-commerce industry is evolving rapidly in China imparting increasing avenues concerning the furnishing industry. E-commerce platforms come up with incredible features in order to fetch the attention of digital customers and imparting them new growth options in respect of furnishing retailers.

Purchasing furniture online has truly become an ideal trend as customers do prefer online buying because of either convenience as well as comfort since customers would be getting the furniture at their doorstep. Many furniture retailers are putting the best online brand presence so that more customers could be fetched indeed. The new age /spanb style="color: rgb(31, 78, 121); font-family: Georgia, serif; font-size: 12pt;"furniture store development/b/ab style="color: rgb(31, 78, 121); font-family: Georgia, serif; font-size: 12pt;" /bspan style="color: rgb(31, 78, 121); font-family: Georgia, serif; font-size: 12pt;"has made it possible indeed./spanspan style="color: rgb(31, 78, 121); font-family: Georgia, serif; font-size: 12pt;" /span/p p class="MsoNormal" style="text-align:justify"bspan style="font-size:12.0pt; line-height:107%;font-family:" georgia","serif";mso-bidi-font-family:arial;="" color:#1f4e79;mso-themecolor:accent1;mso-themeshade:128"=""How Furniture store development services Important -o:p/o:p/span/b/p p class="MsoNormal" style="text-align:justify"span style="font-size:12.0pt; line-height:107%;font-family:" georgia","serif";mso-bidi-font-family:arial;="" color:#1f4e79;mso-themecolor:accent1;mso-themeshade:128"=""Here, it needs to mention that residential furniture has also shown incredible growth in China. Whether it is about a living room or dining room furniture, they are having a high demand for marketing. Apart from it, seats and sofas have also been contributing on a large scale in the context of sales revenue.o:p/o:p/span/p p class="MsoNormal" style="text-align:justify"span style="font-size:12.0pt; line-height:107%;font-family:" georgia","serif";mso-bidi-font-family:arial;="" color:#1f4e79;mso-themecolor:accent1;mso-themeshade:128"=""Have you been considering other prominent categories? There are many such as Central Chairs, Dining Tables, and so on. Ecommerce has brought a huge change to our living. Now, we can shop easily visiting the online website.

Joy Smith is an is a Business Manager at Magneto IT Solutions – a Software development company in Bahrain offers quality iPhone Application Development, Magento development,android app development, Magento migration, mobile app development services.