Vietnam has traditionally been a country that has produced outdoor Furniture; however, it is rapidly moving to become a producer country of Indoor furniture.
This article is a review of the Furniture Industry in Vietnam and explains why you should consider Vietnam as a country to source Indoor Furniture
Vietnam Furniture Industry Review
USA Export Market
2011 figures show that the USA is the biggest importer of furniture, accounting for 18.8%
Vietnam’s major producers of indoor factories are now not accepting any new orders for products. And have been forced to turn down large orders with short delivery times from US partners.
As a result, other Vietnamese factories are rapidly gearing up to meet the excess demand from the US.
The reason for the increased US demand is twofold.
1. The excess stock held in the US in 2011 and 2012 is now exhausted, and as a result, there is a demand to replenish these stocks.
2. The improving health in the US economy – In 2013, Sales rose 15% compared to 2012. And 2014 appears to be outshining 2013.
This will mean that there will be a far wider selection of manufacturers in Vietnam for you to choose from.
European Export Market
The province of Binh Dinh, which has traditionally produced Outdoor furniture for the European market, has, in recent years, experienced a sharp decline in orders.
The reasons for the decline in outdoor export orders are because:
1. European market demand has shifted from outdoor furniture to indoor furniture.
2. European consumer’s now preferred low to mid-priced items from planted forests as opposed to high-end products made from rare woods.
This has resulted in Vietnam furniture factories switching their focus from outdoor furniture to indoor furniture. Figures show that export turnover for Outdoor furniture in 2012 was $176million, down 18.6% from 2011, while export turnover for Indoor furniture in 2012 was $ 10 million up 7.3% from 2011.
Why choose Vietnam instead of China?
Vietnam is the second biggest furniture producer in Asia behind China.
Vietnamese Government Wooden Product Export policy focuses on developing its furniture industry so it can produce Indoor furniture. This is causing the industry to move from simpler, less skilled outdoor products to more skilled indoor furniture products.
There has been a change in Chinese Government policy with a focus on developing high-technology industries; this is at the expense of labour-intensive industries such as furniture manufacturing.
Why Choose Vietnam instead of other countries?
With world furniture production coming from low-income countries such as Vietnam, there is significant potential in the country’s furniture industry.
Vietnam has access to legally sustainable wood. The two kinds of wood legal in Vietnam are rubber wood and cajuput wood.
Vietnam has other advantages when compared to its close neighbours. Thailand and Malaysia have higher costs, whilst Indonesia still has some political issues.
High-income countries only account for 45% of global furniture production. These countries include Germany, the USA, the UK, Canada and Italy. However, since the beginning of the economic crisis, Southern European Countries and Canada have seen sharp declines in furniture production.
You can now find Vietnam Furniture Products on Goodada.
You can now search for Furniture Products and Sellers from Vietnam through the Vietnamese Furniture Association BIFA.
Goodada’s Vietnam Quality Control Inspections will allow you to have any Seller and/ or Product independently inspected. To learn more, please visit our Vietnam Furniture Inspection Services page.
Goodada’s partners offer excellent Freight Insurance Coverage for Vietnam. Please visit our Freight Insurance page
6 Comments
Aarsun Woods
September 29, 2017 at 6:39 am | PermalinkNice Article!!! thanks for sharing
admin
July 20, 2018 at 11:05 am | PermalinkYou are welcome
FFurniture Point
May 13, 2018 at 1:07 pm | PermalinkI like this article about Vietnamese furniture…and want to import for our showrooms in India….will be apriciated if us end suppliers name or more furniture pics…and then we can plan to visit…Sanjay Sharma
Hải
July 9, 2018 at 5:56 am | PermalinkFirstly, I must say thank you for respond. You know,We have seen your business field in your web, and we shall appreciate it if you will give us an opportunity to collaborate . We should also like to know Which cushions for outdoor that you do buy a lot.
Our company specializes cushions for indoor and outdoor as well sofa. Our product quality satisfies the quality requirements of US and Europe markets by certificating Intertek, CMA ,REACH, which has led our products to many customers at the best price and quality.
We are looking forward to your reply.
Yours faithfully,
Hải
August 23, 2018 at 7:53 am | PermalinkOur company specializes in the production of items on the Sofas and Outdoor and indoor cushions for the US market and European countries such as Denmark, Sweden, Germany,…
Currently, we export about 30 containers of Sofa and outdoor cushions per month with various designs are popular in the US and European countries. Products and designs of our company varied from medium to high level.
I am please to send our company profile and product’s photos in attachment. So, you can refer and understand more our company.
We wonder whether you have any plan to order cushions or Sofa for new season. Or you just have any request of quotation, design, OEM,ODM,idea for the Cushions or Sofa so that I can assist you.
To be honest ,we are a manufacture who specializes in the field of outdoor and indoor cushions as well as sofas, and with your famous brand, we can be subcontractor for your company, which will bring mutual interest as well as dominating a market.
We do hope that we will have the opportunity to co-operate your organization for now and future. Please consider me for anything that we may assist you with.
Should you need further assistance, please do not hesitate to contact us.
Email: haind@vietthaiduong.com.vn
Thank you & Best Regards,
Hai Nguyen
Sales Manager.
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CONG TY TNHH SX-TM VIET THAI DUONG
Add: Lot B04-2, Duc Hoa Industrial Park No.1, Duc Hoa District, Long An Province.
Tel: (+84) 723-779-181, ext:12 | Fax: (+84) 723-779-182
Mobile: (+84) 968234444
Email: haind@vietthaiduong.com.vn http://www.vietthaiduong.com.vn
David
August 24, 2018 at 7:40 am | PermalinkOur company is a professional teak outdoor furniture products manufacturer and exporter and more 10 years have experience as producer wooden furniture in Indonesia. Our products such as garden benches, outdoor chairs, teak tables, pillow cushion, steamer, lounger, spa furniture, shower stool accessories, teak textilene / batyline furniture, teak bar furniture, iron furniture, wicker furniture, colonial indoor furniture and other design of teak furniture.
We only used legal wood from Indonesia with SVLK Certification ( Timber Legality Assurance System).
We would like to offer Our teak furniture products. I hope you will interest and will be able place an order in the near future.
For more detail items and information, please visit our website at http://www.indoteaksuksesmakmur.com
If you have any enquiries (price list, catalog, time of production,etc) and more information, please feel free to contact us.
We wait for your response, and hope we could supply the teak furniture products for your company and your business associates.
I am waiting for your response and hope will receive the good news from you.
Thank you and have a nice day,
Best regards
David Supriyadi
DETAIL OUR COMPANY:
CV. INDOTEAK SUKSES MAKMUR
Hotline: +62 8122543867
Phone & Fax. : +62 24 76729689