SEARCH   
MEMBER LOGIN    
Forgot Password?

Furniture Stores in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Furniture Stores Market Research Report | Mar 2016

Furnishing touches: Strong housing sales boosts demand for furniture products

IBISWorld’s Furniture Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$24bn
Annual Growth 11-16
15.2%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
88,409
Businesses
5,858
Industry Analysis & Industry Trends

The Furniture Store industry in China accounts for about one third of total revenue from China's furniture sector. The remaining sales are generated by other industries, such as furniture wholesaling, department stores and direct sales from furniture manufacturing. Over the five years to 2016, the Furniture Store industry has been growing at an annualized rate of 15.2% to $24.0 billion.

Industry demand is driven by growth in China's housing market, the steady developing economy and furniture manufacturing and designing research and development. In 2011, the Chinese government began the construction of 10.0 million units of noncommercial residential housing (i.e.... purchase to read more

Industry Report - Industry Locations Chapter

Shanghai, one of the most developed regions in China, accounts for the largest proportion of industry revenue at 16.3% in 2016. Guangdong province and Shandong province make up 15.8% and 9.0% of total industry revenue, respectively.

The geographic concentration level for the Furniture Store industry is similar to the geographic spread of households in China. However, the percentages of households in North East China, North West China and South West China (China's developing regions) are larger than their respective industry revenue shares. This is because the economy is less developed in these regions, and many households are of ethnic minorities that produce and consume furniture within their own cultures... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Furniture Stores Industry?

The Furniture Store industry is part of China's retail trade sector. Furniture stores retail a broad range of furniture goods for dining rooms, bedrooms, kitchens, home offices, and other indoor and outdoor areas. These furniture goods are purchased from domestic and international manufacturers and wholesalers.

Industry Products
Wood furnitureMetal furnitureBamboo, cane and plastic furnitureOther furniture
 
Industry Activities
Specialized retailing of common household furnitureSpecialized retailing of compound kitchen furnitureSpecialized retailing of office furnitureSpecialized retailing of other furniture


View Sample
Quote
Select Clients