Furniture Market in China 2024-2028

Description

List of Tables

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:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	10.9%
CAGR	12.5%
Incremental Value	$73.1 bn

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.

Product Code: IRTNTR75534

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China: Year-over-year growth 2023-2028 (%)
- Data Table on China: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Furniture Market in China 2018 - 2022
- Historic Market Size - Data Table on Furniture Market in China 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Indoor - Market size and forecast 2023-2028
- Chart on Indoor - Market size and forecast 2023-2028 ($ billion)
- Data Table on Indoor - Market size and forecast 2023-2028 ($ billion)
- Chart on Indoor - Year-over-year growth 2023-2028 (%)
- Data Table on Indoor - Year-over-year growth 2023-2028 (%)
6.4 Outdoor - Market size and forecast 2023-2028
- Chart on Outdoor - Market size and forecast 2023-2028 ($ billion)
- Data Table on Outdoor - Market size and forecast 2023-2028 ($ billion)
- Chart on Outdoor - Year-over-year growth 2023-2028 (%)
- Data Table on Outdoor - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
- Chart on Offline - Market size and forecast 2023-2028 ($ billion)
- Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
- Chart on Offline - Year-over-year growth 2023-2028 (%)
- Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
- Chart on Online - Market size and forecast 2023-2028 ($ billion)
- Data Table on Online - Market size and forecast 2023-2028 ($ billion)
- Chart on Online - Year-over-year growth 2023-2028 (%)
- Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ billion)
- Data Table on Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Opportunity/Restraints

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints

10 Competitive Landscape

10.1 Overview
10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
- Overview on factors of disruption
10.4 Industry risks
- Impact of key risks on business

11 Competitive Analysis

11.1 Companies profiled
- Companies covered
11.2 Market positioning of companies
- Matrix on companies position and classification
11.3 Decor House
- Decor House - Overview
- Decor House - Product / Service
- Decor House - Key offerings
11.4 Dongguan Webber Ltd.
- Dongguan Webber Ltd. - Overview
- Dongguan Webber Ltd. - Product / Service
- Dongguan Webber Ltd. - Key offerings
11.5 Farrington Interiors
- Farrington Interiors - Overview
- Farrington Interiors - Product / Service
- Farrington Interiors - Key offerings
11.6 Foshan Furniture
- Foshan Furniture - Overview
- Foshan Furniture - Product / Service
- Foshan Furniture - Key offerings
11.7 Foshan Juou Furniture Co. Ltd.
- Foshan Juou Furniture Co. Ltd. - Overview
- Foshan Juou Furniture Co. Ltd. - Product / Service
- Foshan Juou Furniture Co. Ltd. - Key offerings
11.8 GUANG DONG ZHIDA CO. LTD.
- GUANG DONG ZHIDA CO. LTD. - Overview
- GUANG DONG ZHIDA CO. LTD. - Product / Service
- GUANG DONG ZHIDA CO. LTD. - Key offerings
11.9 Huizhou Xinjiayi Co. Ltd.
- Huizhou Xinjiayi Co. Ltd. - Overview
- Huizhou Xinjiayi Co. Ltd. - Product / Service
- Huizhou Xinjiayi Co. Ltd. - Key offerings
11.10 Jason Furniture HangZhou Co. Ltd.
- Jason Furniture HangZhou Co. Ltd. - Overview
- Jason Furniture HangZhou Co. Ltd. - Product / Service
- Jason Furniture HangZhou Co. Ltd. - Key offerings
11.11 JEB Holding Company Ltd.
- JEB Holding Company Ltd. - Overview
- JEB Holding Company Ltd. - Product / Service
- JEB Holding Company Ltd. - Key offerings
11.12 Landbond
- Landbond - Overview
- Landbond - Product / Service
- Landbond - Key offerings
11.13 Louver Furnishing
- Louver Furnishing - Overview
- Louver Furnishing - Product / Service
- Louver Furnishing - Key offerings
11.14 Mingzhu Furniture Co. Ltd.
- Mingzhu Furniture Co. Ltd. - Overview
- Mingzhu Furniture Co. Ltd. - Product / Service
- Mingzhu Furniture Co. Ltd. - Key offerings
11.15 Quanyou
- Quanyou - Overview
- Quanyou - Product / Service
- Quanyou - Key offerings
11.16 Qumei Home Furnishings Group Co. Ltd.
- Qumei Home Furnishings Group Co. Ltd. - Overview
- Qumei Home Furnishings Group Co. Ltd. - Product / Service
- Qumei Home Furnishings Group Co. Ltd. - Key offerings
11.17 Suofeiya Home Collection Co. Ltd.
- Suofeiya Home Collection Co. Ltd. - Overview
- Suofeiya Home Collection Co. Ltd. - Product / Service
- Suofeiya Home Collection Co. Ltd. - Key offerings

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
12.3 Currency conversion rates for US$
- Currency conversion rates for US$
12.4 Research methodology
- Research methodology
12.5 Data procurement
- Information sources
12.6 Data validation
- Data validation
12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
12.8 Data synthesis
- Data synthesis
12.9 360 degree market analysis
- 360 degree market analysis
12.10 List of abbreviations
- List of abbreviations