Furniture & Floor Coverings Retail in China
Summary
Furniture & Floor Coverings Retail in China industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The furniture segment encompasses bedroom furniture, dining room furniture, home office furniture, living room furniture, kitchen furniture, bathroom furniture, and mattresses. The floorcovering segment includes carpets, mats, rugs, carpet tiles, hard tiles, vinyl and linoleum flooring, laminates, and wood flooring. Market value represents retail sales.
- The Chinese furniture & floor coverings market had total revenues of $164,765.8 million in 2023, representing a compound annual growth rate (CAGR) of -0.4% between 2018 and 2023.
- The furniture segment accounted for the market's largest proportion in 2023, with total revenues of $122,100.3 million, equivalent to 74.1% of the market's overall value.
- According to GlobalData, China held a 64.0% stake in the furniture & floor coverings retail market in Asia-Pacific in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the furniture & floor coverings retail market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the furniture & floor coverings retail market in China
- Leading company profiles reveal details of key furniture & floor coverings retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China furniture & floor coverings retail market with five year forecasts by both value and volume
- What was the size of the China furniture & floor coverings retail market by value in 2023?
- What will be the size of the China furniture & floor coverings retail market in 2028?
- What factors are affecting the strength of competition in the China furniture & floor coverings retail market?
- How has the market performed over the last five years?
- What are the main segments that make up China's furniture & floor coverings retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of leading players?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. IKEA Limited
- 8.2. Oppein Home Group Inc
- 8.3. Qu Mei Home Furnishings Group Co., Ltd.
- 8.4. Red Star Macalline Group Corp Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. About MarketLine
- List of Tables
- Table 1: China furniture & floor coverings retail market value: $ million, 2018-23
- Table 2: China furniture & floor coverings retail market category segmentation: % share, by value, 2018-23
- Table 3: China furniture & floor coverings retail market category segmentation: $ million, 2018-23
- Table 4: China furniture & floor coverings retail market geography segmentation: $ million, 2023
- Table 5: China furniture & floor coverings retail market distribution: % share, by value, 2023
- Table 6: China furniture & floor coverings retail market value forecast: $ million, 2023-28
- Table 7: IKEA Limited: key facts
- Table 8: IKEA Limited: Key Employees
- Table 9: Oppein Home Group Inc: key facts
- Table 10: Oppein Home Group Inc: Annual Financial Ratios
- Table 11: Oppein Home Group Inc: Key Employees
- Table 12: Qu Mei Home Furnishings Group Co., Ltd.: key facts
- Table 13: Qu Mei Home Furnishings Group Co., Ltd.: Annual Financial Ratios
- Table 14: Qu Mei Home Furnishings Group Co., Ltd.: Key Employees
- Table 15: Red Star Macalline Group Corp Ltd: key facts
- Table 16: Red Star Macalline Group Corp Ltd: Annual Financial Ratios
- Table 17: Red Star Macalline Group Corp Ltd: Key Employees
- Table 18: China Size of Population (million), 2019-23
- Table 19: China real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 20: China GDP (Current Prices, $ Billion), 2019-23
- Table 21: China Inflation, 2019-23
- Table 22: China Consumer Price Index (Absolute), 2019-23
- Table 23: China exchange rate, 2018-23
- List of Figures
- Figure 1: China furniture & floor coverings retail market value: $ million, 2018-23
- Figure 2: China furniture & floor coverings retail market category segmentation: $ million, 2018-23
- Figure 3: China furniture & floor coverings retail market geography segmentation: % share, by value, 2023
- Figure 4: China furniture & floor coverings retail market distribution: % share, by value, 2023
- Figure 5: China furniture & floor coverings retail market value forecast: $ million, 2023-28
- Figure 6: Forces driving competition in the furniture & floor coverings retail market in China, 2023
- Figure 7: Drivers of buyer power in the furniture & floor coverings retail market in China, 2023
- Figure 8: Drivers of supplier power in the furniture & floor coverings retail market in China, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the furniture & floor coverings retail market in China, 2023
- Figure 10: Factors influencing the threat of substitutes in the furniture & floor coverings retail market in China, 2023
- Figure 11: Drivers of degree of rivalry in the furniture & floor coverings retail market in China, 2023
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