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The Furniture Industry in Vietnam

VIII Ed. , 118 pages
Price (single user license): EUR 1290.00 / US$ 1521.68
for multiple/corporate license prices please contact us
Language: English
Report Code: W05VN
Publisher: CSIL
Copyright: CSIL Milano
Status:available for online purchase and immediate download

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Description

CSIL Market Research Vietnam Furniture Outlook is part of the Country Furniture Outlook Series, covering at present 70 countries.

The report contains updated furniture statistics, tables, graphs and illustrated maps and information collected through interviews with top furniture companies and sector experts.

Summary: Highlights of this Report

An executive summary The Key Facts of the Furniture Industry, provides:

  • furniture industry overview
  • recent trends
  • performance and structure of the Vietnamese furniture industry
  • furniture consumption trends and distribution system

The report contains all the main updated furniture statistics and indicators necessary to analyze the furniture sector in Vietnam.

From the supply side:

  • In depth analysis of the Vietnamese furniture competitive system including a top manufacturers/exporters ranking by furniture turnover
  • 148 detailed profiles of the top Vietnamese and FDI furniture manufacturers with the following information:
    • Company name and address details
    • Ownership
    • Activity
    • Type of Furniture Produced
    • Financial performances
    • Employees
    • Export share and key markets
    • Production capacity

  • Productive Factors (wood-based panels, forest resources, woodworking machinery)
  • Furniture Production by segment (upholstered furniture, kitchen furniture, office furniture)

From the market side:

  • Demand Determinants (population, GNP, building activities and international tourism, households expenditure)
  • Furniture Consumption - by segment (upholstered furniture, kitchen furniture, office furniture)

This study also considers the international trading activity (see Furniture Imports and Furniture Exports)

Tables and graphs illustrate:

  • countries of destination/origin of furniture
  • furniture trade by segment (upholstered furniture, non-upholstered seats, bedroom furniture, kitchen furniture, office furniture, parts of furniture, parts of seats) and by country/area

Further enriches the analysis (see Furniture Market Potential)

  • Future Furniture industry prospects
  • CSIL's assessment of market potential (size of the market, performance, furniture consumer spending, market openness, import penetration)
  • a cross-country comparison (see Annex: Country Rankings)

Furniture exports of Vietnam, 2006-2016. US$ million

Vietnam furniture exports

Vietnam is one of the most dynamic countries in terms of growth in furniture production. The country has consolidated its position not only as for local companies performances , but also as an attractive option for offshore manufacturing for overseas companies
The country is the second largest furniture exporter in Asia and Pacific and the fifth worldwide , with a value of over US$ 7 billion in 2016.
The Vietnamese furniture production system is very flexible, initially based on outdoor furniture manufacturing; in recent years has been focusing on new indoor furniture products.
Currently the furniture industry in Vietnam comprises around 1,500 exporters, about 450 being FDI companies (foreign direct investment) that account for over 45% of furniture exports.

Abstract of Table of Contents

Vietnam. The Key Facts of the Furniture Industry
Vietnam. Furniture Market Potential
Furniture market outline (size of the market, market growth, furniture consumer spending, market openness, import penetration, import growth)
Furniture consumption, 2006-2016
Economic environment forecasts, 2017-2018
Furniture market forecasts, 2017-2018
Vietnam and Asia-Pacific. Furniture market forecasts, 2017
Vietnam. Business Climate
Business climate rankings
- Among the other indicators: starting a business, enforcing contracts, paying taxes, registering property
Selected business climate indicators
Vietnam. Demand Determinants
Population
Building activities
International tourism
Average expenditure per capita
Vietnam. Furniture Consumption
Furniture consumption by segment
Vietnam. Furniture Imports and Exports
Furniture imports and exports, imports/consumption and exports/production ratio
Main countries of origin of furniture imports and main countries of destination of furniture exports
Furniture imports and exports by area of origin - destination
Furniture imports and exports by segment (Upholstered furniture, non-upholstered seats, bedroom furniture, kitchen furniture, office furniture, furniture n.e.c.)
Main sources of furniture imports by segment
Imports and exports of furniture parts
Main countries of origin - destination of furniture parts
Vietnam. Productive Factors
Forest resources and distribution of land
Consumption of wood-based panels
Imports of wood-based panels and wood working machinery
Unemployment rate and percentage of trained employed workers in the manufacturing sector
Vietnam. Furniture Production
Vietnam. Furniture Exports
Vietnam. Major Furniture Manufacturer
148 short company profiles
- Vietnamese furniture companies, FDI and foreign companies
Vietnam. Annexes
Country Rankings
- Among the other indicators: country attractiveness, per capita furniture spending, furniture growth rates, furniture market openness
Socio-Economic Data
- Macroeconomic trends, international trade, value added breakdown, labour market indicators, investments and human capital
Furniture Data
- Production, exports, imports and consumption: Absolute values and year on year variations
- Furniture Market Forecasts: Year on year variations
Vietnam. Furniture Exports
Statistical data of furniture exports by country destination and by geographical area destination for:
- Upholstered furniture, Bedroom furniture, Kitchen furniture, Office furniture, Furniture, n.e.c., Parts of furniture, excluding parts of seats, Parts of seats, Furniture parts, Furniture excluding parts
Vietnam. Furniture Imports
Statistical data of furniture imports by country of origin and by geographical area of origin for:
- Upholstered furniture, Non-upholstered seats, Bedroom furniture, Kitchen furniture, Office furniture, Furniture, n.e.c., Parts of furniture, excluding parts of seats, Parts of seats, Furniture parts, Furniture excluding parts
Vietnam. Methodological Notes

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