April 21, 2016
Overview of China’s furniture industry in 2015
According to the China Furniture Association, the value of China’s furniture output increased 0.4% year on year and the 2015 income generated by the main enterprises rose 9% with a corresponding rise in profitability (+14%). In 2015 the value of China’s furniture exports rose 2% year on year to US$54.28 billion and there was an 11% decline in furniture imports. According to Chinese analysts, bamboo and rattan furniture will play greater role in the development of the furniture industries in China. These raw materials are easier to ...
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