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July 26, 2016

China accounted for 57% of worldwide furniture shipments in 2015

China’s furniture industry has been long challenged by its shortages in the field. Rising labors costs, together with labor deficit and factory closings have forced China to shift many of the products to Vietnam.
Also, China is one of the most important international source country for U.S. wholesalers and retailers alike. In 2015, for example, China shipped $13.7 billion in residential furniture to the U.S. market, up nearly 12% from the year before. In addition to achieving double-digit growth off an already large number, the country accounted for 57% of the total $23.9 billion in wholesale furniture shipments from around the world,

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