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 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
In the past, U.S. companies often outsourced manufacturing to countries like India, China, and Vietnam. However, this trend has recently reversed, with reshoring replacing offshore production. Similarly, regions like Hong
The U.S. market is expected to remain a particularly important destination for Vietnam’s wood export industry. Amidst the unpredictable fluctuations of the global market, adopting a proactive mindset and transitioning
MAGA has had a multifaceted impact on the American furniture manufacturing industry in various ways. Could the dedication of companies like Vaughan-Bassett help make America great again? Vaughan-Bassett, a high-end
According to statistics from the General Department of Vietnam Customs, Vietnam’s wood product exports to the U.S. reached $9.1 billion in 2024, marking a 24% increase compared to 2023. With
The “Resource Integration” model – a method combining technology, flexible supply chains, B2C (Business-to-Customer)/D2C (Direct-to-Consumer) strategies, and e-commerce – can help Vietnamese businesses optimize operations and adapt to evolving market
As the real estate market declines, consumer spending on furniture plunges deeply, and vice versa. However, there are still options for furniture businesses not to depend on this rule. The
In addition to accumulating creative values, branding, trading capacity is the path leading towards higher industrial values; the one set and built by Vietnames endustry over the past 3 decades.
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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.
