Normal
0
7.8 磅
0
2
false
false
false
IT
ZH-CN
X-NONE
China holds a dominant
position in the global furniture industry, serving as the leading producer and
exporter. With an impressive output of nearly USD 160 billion, China commands a
substantial 34% share in worldwide furniture production in 2023. This leading
status extends to furniture exports, where China contributes over 30% of global
exports. Such a prominent presence underscores China’s pivotal role in shaping
the international furniture market, significantly contributing to production
volumes and global trade.
Normal
0
7.8 磅
0
2
false
false
false
IT
ZH-CN
X-NONE
Notably, China maintains
its leadership in specific furniture segments, holding the top position in
production and exports within the mattress, upholstered furniture and office
sector. This comprehensive overview emphasizes China’s multifaceted dominance
and profound impact across various dimensions of
the global furniture landscape.
Normal
0
7.8 磅
0
2
false
false
false
IT
ZH-CN
X-NONE
The Chinese furniture industry exhibits a
fragmented landscape, primarily dominated by small and medium-sized enterprises
(SMEs). However, it is noteworthy that a select group of manufacturers has
risen to prominence, boasting turnovers exceeding USD 1 billion. Oppein, Kuka,
Man Wah, Suofeiya, and Yotrio are among these distinguished companies, each
specializing in different sectors such as home and outdoor furniture. Delving
into the top 100 companies identified by CSIL, the average turnover stands at
USD 380 million, with an associated workforce averaging 3,402 employees.
Normal
0
7.8 磅
0
2
false
false
false
IT
ZH-CN
X-NONE
In the global top 200 companies, Chinese
entities make up 16%. The concentration of these leading manufacturers is
particularly located in the southeast coastal regions, with key cities
including Guangzhou, Shenzhen, Shanghai, and Foshan. Upon closer examination,
it becomes apparent that around 30% of companies in the industry specialize in
office furniture, including Dious, Henglin Chair, Jongtay, and UE Furniture.
Another 25% focus on upholstered furniture, represented by companies like
Markor, Trayton Group, Linsy, ZuoYou Furniture. Additionally, approximately 20%
concentrate on kitchen furniture. The remaining companies engage in various
sectors, such as general furniture production, customization, or outdoor
furniture. Furthermore, an additional dimension to the industry’s dynamics is
that nearly 25% of the top 100 manufacturers are publicly listed.
Normal
0
7.8 磅
0
2
false
false
false
IT
ZH-CN
X-NONE
Courtesy of CSIL Centre for IndustrialStudies – Milan, Italy
