China's furniture market shows high potential for future growth, boosted by the rising income in tandem with the booming real estate sector, resulting in increased demand for furniture products. Competition from imports is growing, although imported furniture currently remains a small proportion of the Chinese market compared with domestically made products.
The Chinese demand for outdoor furniture, in particular, has been growing rapidly in the past decade. In the next five-year period, both production and demand are set to keep on rising.
New market research report "Chinese Markets for Outdoor Furniture" elaborated by Asia Market Information & Development Co. (AMID) provides an in-depth examination of China's outdoor furniture market. It examines the country's economic trends, investment environment, industry development, supply & demand balance, industry capacity and structure, marketing channels and top industry players. Historical data and elaborate forecasts through 2016 and 2021 are presented, as well as leading producers in China are profiled within the study.
SOURCE: MarketWatch