Vietnam Furniture Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     Vietnam Vietnam 
Furniture Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
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A c c o r d i n g  t o  t h e  l a t e s t  r e p o r t  b y  I M A R C  G r o u p ,  t i t l e d  " V i e t n a m  F u r n i t u r e  M a r k e t :  I n d u s t r y  
T r e n d s ,  S h a r e ,  S i z e ,  G r o w t h ,  O p p o r t u n i t y  a n d  F o r e c a s t  2 0 2 4 - 2 0 3 2 , "  t h e  V i e t n a m  f u r n i t u r e  
m a r k e t  s i z e  r e a c h e d  U S $  1 . 4  B i l l i o n  i n  2 0 2 3 .
T h e  V i e t n a m  f u r n i t u r e  m a r k e t  i s  e x p e r i e n c i n g  s i g n i f i c a n t  g r o w t h  d u e  t o  r a p i d  u r b a n i z a t i o n ,  
d e m o g r a p h i c  s h i f t s ,  a n d  g o v e r n m e n t  i n i t i a t i v e s  t o  m o d e r n i z e  i n f r a s t r u c t u r e .  T h e  i n c r e a s i n g  
Report u r b a n  p o p u l a t i o n  i n  m a j o r  c i t i e s  s u c h  a s  H a n o i ,  H o  C h i  M i n h  C i t y ,  a n d  D a  N a n g  i s  d r i v i n g  d e m a n d  f o r  r e s i d e n t i a l  a n d  c o m m e r c i a l  f u r n i t u r e .  R i s i n g  d i s p o s a b l e  i n c o m e s  a n d  e v o l v i n g  
l i f e s t y l e  p r e f e r e n c e s  a r e  e n c o u r a g i n g  c o n s u m e r s  t o  i n v e s t  m o r e  i n  f u r n i t u r e ,  w h i l e  t h e  e x p o r t -
Highlight and o r i e n t e d  n a t u r e  o f  t h e  i n d u s t r y  a n d  f a v o r a b l e  t r a d e  a g r e e m e n t s  a r e  a t t r a c t i n g  f o r e i g n  i n v e s t m e n t s .
A d d i t i o n a l l y ,  l o w  p r o d u c t i o n  c o s t s ,  a n  a b u n d a n t  s u p p l y  o f  r a w  m a t e r i a l s ,  a n d  a  s k i l l e d  l a b o r  
Description f o r c e  w i t h  c o m p e t i t i v e  w a g e s  p r o v i d e  a  c o s t  a d v a n t a g e  f o r  m a n u f a c t u r e r s .  G o v e r n m e n t  p o l i c i e s  p r o m o t i n g  f o r e i g n  d i r e c t  i n v e s t m e n t  ( F D I )  a n d  t h e  r i s e  o f  e - c o m m e r c e  a n d  o n l i n e  
r e t a i l  p l a t f o r m s  a r e  a l s o  c o n t r i b u t i n g  t o  m a r k e t  e x p a n s i o n .  T h i s  s h i f t  t o w a r d s  o n l i n e  s h o p p i n g  
i s  f a c i l i t a t e d  b y  i n c r e a s i n g  i n t e r n e t  a n d  s m a r t p h o n e  p e n e t r a t i o n ,  m a k i n g  f u r n i t u r e  m o r e  
a c c e s s i b l e  t o  c o n s u m e r s .
R e q u e s t  f o r  a  P D F  s a m p l e  o f  t h i s  r e p o r t :  
h t t p s : / / w w w . i m a r c g r o u p . c o m / v i e t n a m - f u r n i t u r e - m a r k e t / r e q u e s t s a m p l e
Report Description
Vi e tnam Furn i ture  Market  T rends:
The  V ie t nam fu rn i t u re  marke t  i s  exper ienc ing  seve ra l  key  t r ends .  F i r s t l y ,  t he re  i s  a  g row ing  emphas is  on  
sus ta inab i l i t y  and  eco - f r iend ly  p roduc ts ,  d r i ven  by  consum er  consc iousness  o f  env i r onment a l  i ssues .  Th is  has  led  to  
an  i nc reased demand  fo r  f u rn i t u re  made f r om sus ta inab le  ma te r i a l s  and manu fac t u red  us ing  env i ronm en ta l l y  f r i end ly  
p rocesses .  Regu la to ry  measures  a re  a l so  p romot ing  g reen  p rac t i ces  w i th in  the  indus t r y .  Add i t i ona l l y ,  t here ' s  a  r i s ing  
p re f e rence fo r  m u l t i f unc t iona l  and  space-sav ing  f u rn i t u re ,  pa r t i cu la r l y  in  u rban  a reas  w i th  l im i ted  l i v ing  spaces .
Th is  t r end  has  spur red  the  deve lopmen t  o f  i nnova t i ve  f u rn i t u re  des igns  t ha t  max im ize  f unc t iona l i t y  and  op t im ize  
space  usage  to  ca t e r  t o  u rban  dwe l le rs '  needs .  Moreover ,  t echno log ica l  advancemen ts  a re  shap ing  t he  marke t  by  
in t eg ra t i ng  smar t  t echno log ies  and I oT  so lu t ions  in to  fu rn i t u re  des igns ,  enhanc ing  f unc t iona l i t y  and  appea l .  
Cus tomiza t ion  and pe rsona l i zed  fu rn i t u re  so lu t ions  a re  ga in ing  t r ac t i on ,  re f lec t ing  consumers '  des i re  f o r  un ique  and  
ta i lo red  f u rn i t u re  p ieces .  F ina l l y ,  t he  COVID-19  pandemic  has  f ue led  the  dem and fo r  home o f f i ce  fu rn i t u re  and  
ergonomic  so lu t ions  due to  t he  inc reased adopt ion  o f  remote  work .
Vi ew Report  TOC,  F igures and  Tab les :  h t tps: / / www. i marcgroup .com/v ie tnam-fu rn i tu re -market
Application Insights:
• Home Furniture
• Offi ce Furniture
• Hospita l i ty Furniture
• Others
 
Report Material Insights:
• Wood
Segmentation
• Metal
• Plast ic
• Others
Distribution Channel Insights:
• Home Centers
• Flagship Stores
• Specialty Stores
• Online
• Others
Regional Insights:
Report • Northern Vietnam
• Central  Vietnam
Segmentation
• Southern Vietnam
How has the Vietnam furniture market performed so far 
and how will it perform in the coming years?
What has been the impact of COVID-19 on the Vietnam 
furniture market?
What is the breakup of the Vietnam furniture market on 
the basis of application?
Key 
What is the breakup of the Vietnam furniture market on 
the basis of material?
Questions 
Answered in What is the breakup of the Vietnam furniture market on the basis of distribution channel?
the Report What are the various stages in the value chain of the 
Vietnam furniture market? 
What are the key driving factors and challenges in the 
Vietnam furniture?
What is the structure of the Vietnam furniture market 
and who are the key players?
What is the degree of competition in the Vietnam 
furniture market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4    V i e t n a m  F u r n i t u r e  M a r k e t  -  I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s
    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    V i e t n a m  F u r n i t u r e  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    V i e t n a m  F u r n i t u r e  M a r k e t  -  B r e a k u p  b y  A p p l i c a t i o n
    6 . 1     H o m e  F u r n i t u r e
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     O f f i c e  F u r n i t u r e
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
       
    6 . 3     H o s p i t a l i t y  F u r n i t u r e
        6 . 3 . 1  O v e r v i e w
        6 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 4     O t h e r s
        6 . 4 . 1  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 4 . 2  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
7    V i e t n a m  F u r n i t u r e  M a r k e t  -  B r e a k u p  b y  M a t e r i a l  
    7 . 1     W o o d
        7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
Table of         7 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )    7 . 2     M e t a l
        7 . 2 . 1  O v e r v i e w
        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
Contents         7 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )    7 . 3     P l a s t i c
        7 . 3 . 1  O v e r v i e w
        7 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 4     O t h e r s
        7 . 4 . 1  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 4 . 2  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
8    V i e t n a m  F u r n i t u r e  M a r k e t  -  B r e a k u p  b y  D i s t r i b u t i o n  C h a n n e l
    8 . 1     H o m e  C e n t e r s
        8 . 1 . 1  O v e r v i e w
        8 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        8 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /v i e tn a m- f u rn i t u re -m a rke t / t o c
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