The global home office furniture market reached $29.3 billion in 2024 and is projected to grow to $49.1 billion by 2033, with a compound annual growth rate (CAGR) of 5.81%.
With $69 billion in furniture imports in 2024, the U.S. market’s allure is undeniable. To truly break into this market, Vietnamese furniture businesses should consider niche strategies alongside traditional approaches,
Currently, most clientsin the wood processing industry have not required manufacturers to reduce carbon emissions. For wood processing enterprises, practicing emission reduction and conducting greenhouse gas inventories at this stage
Recent policy changes, including increased tariffs on construction materials and stricter immigration regulations, are reshaping the U.S. labor market and indirectly driving up housing costs. These shifts in policy are
To expand into international markets and directly reach end-users, Vietnamese furniture enterprises must establish the most effective and suitable logistics operations, with technology serving as a crucial foundation. The
Nghia Son strengthened its presence in the U.S. market by establishing an office and setting up six warehouses across key states. This ensures delivery within 48 hours. Such strategic choices
The opportunities for furniture companies with manufacturing facilities in the United States are immense, but they must make greater investments to rebuild their domestic presence. China has benefited from massive
According to Mr. Nguyen Huu Thong, the key of the industry lies in uniting sustainability, quality, and competitiveness—enabling businesses to establish direct export channels and thrive in international markets. *
According to Statista, the global furniture market is expected to generate $1.354 billion in revenue by 2024, with an anticipated annual growth rate of 2.70%. Ranked sixth globally, Vietnam’s furniture
The emergence of manufacturing facilities in the U.S. is poised to reshape the supply chain of the world’s largest furniture market. SBA Home, a leading furniture manufacturer from Lithuania, has
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Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) was established in 1991. HAWA recently has more than 500 company members.
