SEARCH   
MEMBER LOGIN    

Furniture Stores in China: Market Research Report

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

Furniture Stores Market Research Report | Mar 2015

Furnishing touches: Strong housing sales boosts demand for furniture products

IBISWorld’s Furniture Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 10-15
18.1%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
87,533
Businesses
5,833
Industry Analysis & Industry Trends

The Furniture Store industry in China accounts for about 34.0% 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 2015, the Furniture Store industry has been growing at an annualized rate of 18.1% to $21.8 billion.

Industry demand is driven by growth in China's housing market and the rapidly developing economy. In 2011, the Chinese government began the construction of 10.0 million units of noncommercial residential housing (i.e. indemnificatory houses) to further improve the living standards of medium- and low-income families and promote the healthy development of the real estate market.... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2015, the Furniture Store industry in China has been growing at a rapid annualized rate of 18.1% to reach $21.8 billion. Economic and population growth have led to increases in disposable income, which has supported demand for better living environments and increased furniture consumption. Increased trade has also led to more demand for office furniture.

Demand for furniture products, including high-quality ones, has also been high due to increasing residential house sales in major Chinese cities over the five-year period. There is usually a delay between the increase in house sales volumes and furniture sales, as the purchase of houses can occur some time before the purchase and delivery of furniture... 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