China Furniture Industry Statistics

In this post, we will explore the latest statistics and trends surrounding the booming furniture industry in China. From impressive revenue figures and export numbers to market projections and manufacturing insights, the numbers paint a picture of China’s significant role in the global furniture market. Let’s take a closer look at the key statistics shaping the landscape of China’s furniture industry.

Statistic 1

"China’s furniture manufacturing industry revenue is an estimated CN¥939.4 billion ($135 billion) in 2020, reflecting a 7.6% YoY increase."

Statistic 2

"In 2019, furniture retail sales in China were estimated at around 418.6 billion yuan, up from approximately 238.5 billion yuan in 2010."

Statistic 3

"In 2020, Shanghai Mozart Furniture Co Ltd had an annual sales figure of 250 million CNY."

Statistic 4

"China’s furniture exports in 2019 were worth around $53.69 billion."

Statistic 5

"In 2019, there were about 6,000 furnishings companies in China with a total production value of about 1.1 trillion yuan."

Statistic 6

"China's furniture export recorded $11.92 billion in 2020."

Statistic 7

"The wooden furniture market in China is expected to grow at a CAGR of over 5% during the period 2019-2025."

Statistic 8

"Foshan city manufactures 28 percent of all the furniture made in China."

Statistic 9

"In 2020, the Asia-Pacific region contributed the highest share in the global furniture market, with over 45% of the market's overall revenue, with China as the dominant country."

Statistic 10

"In 2018, there were approximately 988 million pieces of wooden furniture produced in China."

Statistic 11

"The Chinese market for furniture and homeware reached a size of 2.4 trillion CNY in 2021."

Statistic 12

"China accounts for nearly 40% of worldwide furniture production."

Statistic 13

"The total import volume of furniture in China amounted to approximately 1.7 million metric tons in 2019."

Statistic 14

"The production value of furniture manufacturing in China was forecasted to reach approximately 975.5 billion yuan in 2021."

Statistic 15

"In 2021, the retail sales of the furniture markets in China had grown by 10.1 percent."

Statistic 16

"China has more than 60,000 furniture manufacturers across the country."

Statistic 17

"In 2021, the revenue of the furniture manufacturing industry in China is expected to reach 4 trillion CNY."

Statistic 18

"The industry for seating furniture in China is expected to rise at an annual rate of 4.9% from 2019 to 2023."

The statistics presented clearly illustrate the immense growth and dominance of China’s furniture industry on both the domestic and global scales. With steady revenue increases, substantial manufacturing figures, flourishing export markets, and projections for continued growth across various segments, China stands out as a powerhouse in the furniture sector. The country’s vast number of manufacturers, robust production values, and significant market size consistently position it as a key player in the international furniture landscape.