Chinese Markets for Self-Assemble Furniture

AMID Co, March 2006, Pages: 237

This report examines China's macroeconomic trends, investment environment, ready-to-assemble furniture industry structure and capacity, production and demand, market consumption trends, distribution channels and principal industry participants. Longterm forecasts for ready-to-assemble furniture production and demand are included. Key producers are profiled. Top Chinese ready-to-assemble furniture producers are listed in the producer directory section.

Most primary and secondary research was done in China in order to access up-to-date government regulations, market information and industry data. Data were collected from the Chinese government publications, Chinese language newspapers and magazines, Chinese furniture associations, local governments' light industry bureaus, furniture industry publications, and our in-house databases. Interviews were conducted with Chinese industry experts, university professors, and ready-to-assemble furniture producers in China.

Historical data include 1995, 2000 and 2005. Longterm development trends are projected to the years 2010 and 2015. Economic models and quantitative methods are applied in this report to project market demand and industry trends. Metric system is used and values are presented in either yuan (RMB, current price) and/or US dollars. Exchange rate for 2005 is based on the annual average rate (8.2 yuan per US dollar). The word "demand" is used interchangeably with "consumption". Totals may not add due to rounding.

I. INTRODUCTION
Report Scope and Methodology
Executive Summary

II. BUSINESS ENVIRONMENT
- Economic Outlook
Key Economic Indicators
Industrial Output
Population and Labor
Foreign Investment
Foreign Trade
- Financial and Tax Regulations
Banking System and Regulations
Foreign Exchange
Taxes, Tariff and Custom Duties

III. READY-TO-ASSEMBLE FURNITURE INDUSTRY ASSESSMENTS
Ready-to-Assemble Furniture Industry Overview
Industry Structure and Composition
Labor Costs
Major Producer Facility Locations and Sales
Market Share of Key Producers
Potential Entrants
Major Foreign Investments
Technology Development

IV. READY-TO-ASSEMBLE FURNITURE SALES AND DEMAND
Overview
Raw Materials
Forestry Industry Outlook
Lumber Production and Demand
Ready-to-Assemble Furniture Sales and Demand
Bedroom Furniture Sales and Demand
Bedroom Furniture Sales
Foreign Trade
Bedroom Furniture Market Demand and Outlook
Pricing Trend
Entertainment Center Furniture Sales and Demand
Entertainment Center Furniture Sales
Foreign Trade
Entertainment Center Furniture Market Demand and Outlook
Pricing Trend
Kitchen Furniture Sales and Demand
Kitchen Furniture Sales
Foreign Trade
Kitchen Furniture Market Demand and Outlook
Pricing Trend
Office Furniture Sales and Demand
Office Furniture Sales
Foreign Trade
Office Furniture Market Demand and Outlook
Pricing Trend
Ready-to-Assemble Furniture Imports and Exports
Ready-to-Assemble Furniture Imports and Exports by Type
Ready-to-Assemble Furniture Imports and Exports by Country

V. READY-TO-ASSEMBLE FURNITURE MARKET OUTLOOK
Ready-to-Assemble Furniture Markets Outlook Overview
Consumer Spending Trends by Region
Northeast
North
East
South
Southwest
Northwest
Construction Market Outlook
Residential Building Construction by Region
Northeast
North
East
South
Southwest
Northwest
Ready-to-assemble Furniture Sales and Demand by Region
Northeast
North
East
South
Southwest
Northwest

VI. MARKETING STRATEGIES
- Distribution System in China
China's Distribution System
Ready-to-Assemble Furniture Distribution Channels
Transportation and Freight Infrastructure
Communications
- Market Entry Channels
Exporting to China
Export Market Overview
Chinese Trading Practice
Trading Companies
Import Restrictions in China
Technology Licensing
Technology Licensing Overview
Intellectual Property Protection
Joint Venture
Joint Venture Overview
Advantages and Disadvantages
Wholly Owned Enterprises
Foreign Wholly Owned Enterprises Overview
Advantages and Disadvantages
Other Market Entry Channels
Setting up Sales Offices
Selling to China Through Attending Trade Fairs
Contacting Chinese Companies
Advertising
Market Entry Strategies
Understanding Differences
Business Practice Differences
Knowledge of Regulations and Restrictions
Dealing with Governments

VII. READY-TO-ASSEMBLE FURNITURE PRODUCER DIRECTORY
Ready-to-Assemble Furniture Producer Profiles
Distributors
Trading Companies
Research Institutions and Associations

LIST OF TABLES
- I. INTRODUCTION
Economic Outlook Summary
Ready-to-Assemble Furniture Supply and Demand Summary
- II. BUSINESS ENVIRONMENT
Key Economic Indicators
Industrial Output
Population and Labor Force Trends
Foreign Investment and Loans
Foreign Trade
- III. READY-TO-ASSEMBLE FURNITURE INDUSTRY ASSESSMENTS
Major Producer Facility Locations
Major Ready-to-Assemble Furniture Producer Sales
Market Share of Key Producers
Major Foreign Investments
- IV. READY-TO-ASSEMBLE FURNITURE SALES AND DEMAND
Total Ready-to-Assemble Furniture Sales and Demand
Forestry Industry Outlook
Lumber Production and Demand
Ready-to-Assemble Furniture Sales and Demand
Bedroom Furniture Sales and Demand
Bedroom Furniture Sales
Foreign Trade
Bedroom Furniture Market Demand and Outlook
Entertainment Center Furniture Sales and Demand
Entertainment Center Furniture Sales
Foreign Trade
Entertainment Center Furniture Market Demand and Outlook
Kitchen Furniture Sales and Demand
Kitchen Furniture Sales
Foreign Trade
Kitchen Furniture Market Demand and Outlook
Office Furniture Sales and Demand
Office Furniture Sales
Foreign Trade
Office Furniture Market Demand and Outlook
Ready-to-Assemble Furniture Imports and Exports
Ready-to-Assemble Furniture Imports and Exports by Type
Ready-to-Assemble Furniture Imports and Exports by Country
- V. READY-TO-ASSEMBLE FURNITURE MARKET OUTLOOK
Total Ready-to-Assemble Furniture Consumption by Market
Consumer Spending Trends by Region
Northeast
North
East
South
Southwest
Northwest
Construction Market Outlook
Residential Building Construction by Region
Northeast
North
East
South
Southwest
Northwest
Ready-to-Assemble Furniture Sales and Demand by Region
Northeast
North
East
South
Southwest
Northwest

LIST OF CHARTS
Ready-to-Assemble Furniture Sales and Demand Summary
China's GDP and Industrial Output
Population Trends
Industrial Output by Ownership
China Imports and Exports
Ready-to-Assemble Furniture Sales and Demand
Ready-to-Assemble Furniture Demand by Region in 2010

With the reform and open-up, China's high economic growth and China's booming construction economy have created the rapid rising demand on consumption of Ready-to-Assemble furniture.

The total market demand for Ready-to-Assemble furniture is projected to reach 14.02 billion RMB by the 2007, increasing 14.8% per annum. In 2002, China's total output of Ready-to-Assemble furniture reached 9.83 billion RMB. Despite new construction and export expansion, China's Ready-to-Assemble furniture supply will continue to outstrip demand. In 2002, China exported 2.88 billion RMB of Ready-to-Assemble furniture. Therefore, the country will remain a large exporter of Ready-to-Assemble furniture with China joining the WTO.

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