Furniture Market In China 2024-2028
The furniture market in China is forecasted to grow by USD 73.1 bn during 2023-2028, accelerating at a CAGR of 12.5% during the forecast period. The report on the furniture market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expanding urbanization and middle-class population in China, increasing focus on home renovation and decoration, and growing new infrastructure projects.
Technavio's furniture market in China is segmented as below:
- By Type
- Indoor
- Outdoor
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- APAC
This study identifies the increasing focus on using sustainable and eco-friendly materials as one of the prime reasons driving the furniture market in China growth during the next few years. Also, growing sale of furniture through E-commerce platform and growing use of smart furniture and home automation will lead to sizable demand in the market.
The report on the furniture market in China covers the following areas:
- Furniture market in China sizing
- Furniture market in China forecast
- Furniture market in China industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading furniture market in China vendors that include Decor House, DIOUS FURNITURE GROUP, Dongguan Webber Ltd., Farrington Interiors, Foshan Furniture, Foshan Juou Furniture Co. Ltd., GUANG DONG ZHIDA CO. LTD., Guangzhou Xinju Co. Ltd., Huizhou Xinjiayi Co. Ltd., Interi Furniture Manufacturing Co. Ltd., Jason Furniture HangZhou Co. Ltd., JEB Holding Company Ltd., Landbond, Louver Furnishing, Mingzhu Furniture Co. Ltd., Quanyou, Qumei Home Furnishings Group Co. Ltd., Shenzhen Zuoyou Home Sales Co. Ltd., Shuangye Furniture, and Suofeiya Home Collection Co. Ltd.. Also, the furniture market in China analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.