China. A huge and changing market

Sara Colautti, director of CSIL Industry Studies, presented an overview of China's furniture market at CIFF, China International Furniture Fair, event called ‘Bagliori e Sapori’, organized in cooperation with Edimotion, during Salone del Mobile.Milano 2016.

     Sara Colautti, CSIL

According to latest data presented in her speech, in recent years China has been facing  a transformation process that is still ongoing.

Since 2009 China has been the largest market on a global level, holding one third of the world consumption of furniture, and this growth is estimated to continue in the coming years, even if at a moderate rate.

The growth of household disposable income, together with the increasing urbanization and a still positive growth rate of residential construction resulted in a sustained furniture consumption in China.

The increase of the domestic market represents a growth engine  for both the  local production and  the furniture imports.

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