China Wood Furniture Market to Grow with a CAGR of 6.93% through 2030
China wood furniture market is driven by
urbanization, rising disposable incomes, and eco-friendly trends. Increasing
exports, technological advancements, and sustainable materials shape growth,
while e-commerce and customization fuel demand
According
to TechSci Research report, “China Wood Furniture Market – By Region, Competition,
Forecast & Opportunities, 2030F”, the China Wood Furniture market stood
at USD 40.41 billion in 2024 and is anticipated to grow USD 60.21 billion by
2030 with a CAGR of 6.93% during forecast period. China’s wood furniture market is one
of the largest and most dynamic in the world, driven by a combination of strong
domestic demand, robust export activities, and rapid industrial advancements.
The market benefits from China's well-established wood processing and furniture
manufacturing industry, which has evolved into a global leader due to its
cost-effective production, skilled labor force, and advanced supply chain
network. Rising urbanization, increasing disposable incomes, and changing
consumer preferences towards modern, eco-friendly, and multifunctional
furniture have significantly contributed to the market’s growth.
Several trends are shaping the China
wood furniture market, including the growing emphasis on sustainability and
environmental responsibility. Consumers are increasingly opting for
eco-friendly furniture made from FSC-certified wood and reclaimed materials.
Additionally, customization and personalization are becoming key
differentiators, with manufacturers offering bespoke furniture solutions to
cater to individual preferences. Another notable trend is the increasing
adoption of multifunctional furniture designed for compact urban living spaces,
addressing the need for flexibility in small apartments. Furthermore, smart
furniture innovations, such as height-adjustable desks and built-in charging
stations, are gaining traction, particularly in the office and home office
segments.
Despite its rapid growth, the China wood
furniture market faces several challenges. Rising raw material costs,
particularly for high-quality timber, are putting pressure on manufacturers,
leading to higher production expenses. Stringent environmental regulations
aimed at reducing deforestation and carbon emissions also impact furniture
production, requiring companies to adopt sustainable sourcing and manufacturing
practices.
Additionally, the market is highly
competitive, with domestic brands competing against international players and
low-cost alternatives, particularly from Southeast Asia. Supply chain
disruptions, including logistical challenges and fluctuating export demand,
further add to the complexities faced by manufacturers.
Browse
over xx market data Figures spread through xx Pages and an in-depth TOC on
" China Wood Furniture Market”
The China Wood Furniture market is segmented into application,
sales channel, and company.
Based on the sales channel, the online segment is
the fastest growing in China’s wood furniture market, driven by increasing
e-commerce penetration, digitalization, and shifting consumer preferences.
Platforms like Tmall, JD.com, and Pinduoduo offer vast selections,
customization options, and convenient delivery services, making online shopping
more appealing. Live-streaming sales, virtual showrooms, and augmented reality
(AR) features enhance the digital shopping experience. Additionally,
direct-to-consumer (DTC) models reduce costs and expand market reach. The
rising adoption of smart devices and mobile payments further accelerates online
furniture sales. As digital retail evolves, online channels will continue to
dominate, reshaping China’s wood furniture market landscape.
Based on the region,
the South-West region is the fastest growing in China’s wood furniture market,
driven by rapid urbanization, rising disposable incomes, and government
initiatives supporting infrastructure and housing development. Provinces like
Sichuan, Yunnan, and Chongqing are experiencing increased demand for
high-quality and affordable wooden furniture due to expanding residential and
commercial sectors. Additionally, improving logistics networks and e-commerce
penetration enable better market accessibility. The region’s growing middle
class and preference for modern, space-saving designs further contribute to
market expansion. As economic development accelerates, South-West China is
emerging as a key growth hub in the country’s wood furniture industry.
Major companies
operating in China Wood Furniture market are:
- Shanghai
Pechoin Daily Chemical Co., Ltd.
- Shanghai
Jahwa United Co., Ltd
- Shiseido
China Co., Ltd.
- L'Oréal
(China) Co., Ltd. (Aesop)
- Beijing
Nayiqier International Trade Co., Ltd. (Nature Republic)
- Tatcha,
LLC.
- L’occitane
De Provence Trading (Shanghai) Co., Ltd.
- Osea
International LLC
- Shanghai
Xiangyi Bencao Cosmetics Co., Ltd.
- Mighty
Ocean Company Limited (The Body Shop)
Download Free Sample Report
Customers can
also request for 10% free customization in this report.
“The market is
driven by multiple factors, including urbanization, rising disposable incomes,
and government support for the domestic furniture industry. The expansion of
China’s middle class has led to increased consumer spending on home improvement
and interior décor, boosting demand for high-quality wooden furniture.
Additionally, government initiatives promoting sustainable forestry and
eco-friendly manufacturing practices are fostering the growth of responsible
furniture production. The continuous expansion of e-commerce and digital retail
channels is also a major driver, allowing furniture brands to reach a wider
audience with innovative online marketing strategies,” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
"China Wood Furniture
Market, By Application (Home Furniture, Office Furniture, Hospitality
Furniture, Others), By Sales Channel (Supermarket/Hypermarket, Specialty
Stores, Online, Others), By Region, Competition, Forecast & Opportunities,
2020-2030F”, has evaluated the future growth potential of China Wood
Furniture market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the China Wood Furniture market.
Contact Us-
TechSci
Research LLC
420 Lexington
Avenue, Suite 300,
New York, China-
10170
M: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com