Wood Furniture Manufacturing in China - IBISWorld Industry Market Research

Wood Furniture Manufacturing in China

Wood Furniture Manufacturing in China - IBISWorld Industry Market Research
Wood Furniture Manufacturing in China
Published Mar 31, 2015
30 pages — Published Mar 31, 2015
Price US$ 660.00  |  Buy this Report Now

About This Report

  
Abstract:

China became the largest furniture exporter in the world in 2004, surpassing Italy. Wood furniture manufacturing made up the largest proportion of the Chinese furniture manufacturing sector in 2012, contributing about 59.0% of total furniture manufacturing revenue.

Wood furniture manufacturers are expected to generate revenue of $82.2 billion in 2015, up 8.0% from 2014, with annualized increases of 13.5% in the past five years. Industry profit is relatively low, averaging 6.0% of industry revenue. This is due to high raw material costs and weak pricing levels across the industry.

The Wood Furniture Manufacturing manufactures various wooden furniture products. Timber and wood-based pieces and panels are the primary materials used, along with supplements such as paint, glass and hardware.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
2110
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Wood Furniture Manufacturing in China" Mar 31, 2015. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Wood-Furniture-Manufacturing-in-China-2042-21>
  
APA:
IBISWorld Industry Market Research. (2015). Wood Furniture Manufacturing in China Mar 31, 2015. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Wood-Furniture-Manufacturing-in-China-2042-21>
  
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