What is the current China Furniture Market size?

The China Furniture Market is projected to register a CAGR of 7% during the forecast period (2024-2029) Read More

Who are the key players in China Furniture Market?

Interi Furniture , Qumei Furniture , IKEA China, Kinwai Group, China and Chengdu Sunhoo Industry Co., Ltd are the major companies operating in the China Furniture Market. Read More

What years does this China Furniture Market cover?

The report covers the China Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the China Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

China Furniture Market - Industry Manufacturers

China Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Furniture Market in China is segmented By Material (Wood, Metal, Plastic & Other Furniture), By Application (Home Furniture, Office Furniture, Hospitality Furniture, and Other Furniture), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online and Others).

China Furniture Industry Overview

China's furniture market is highly competitive with the presence of both local and international players. Some of the major players in the country include Suofeiya, Chengdu Shuanghau Industrial Company, Oppein Homes and Landbond Group. New emerging business opportunities in the market are attracting new entrants in the Chinese furniture industry and there is also an increase of foreign players entering the market. The foreign furniture companies currently acquire around 3-4% of the market share in the country and lead the high-end segment. However, these companies are targeting low-end segments for obtaining high market share. Companies like IKEA have succeeded in opening nearly 20 stores across the country and it is expected that it is likely to open 13 new stores by 2020.