Asia's Biggest Furniture Market. The topics of Bus. China represents the largest marketplace followed by.
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The largest furniture exporting countries in Asia are China with an export value of 527 billion USD followed by Vietnam with an export value of 67 billion USD. The home furniture is the largest segment in the Indian furniture market accounting for a major share of furniture sales. Asia Pacific furniture market size generated over USD 270 billion in 2020 impelled by the expansion of the hospitality and real estate sectors coupled with increasing disposable incomes specifically in urban areas.
The region to hold second largest market share was North America that accounted for 268 of market share in terms of value in 2016.
Asia Pacific was the largest region in the global furniture market accounting for 45 of the market in 2020North America was the second largest region accounting for 21 of the global marketAfrica was the smallest region in the global furniture market. Asia Pacific furniture market size generated over USD 270 billion in 2020 impelled by the expansion of the hospitality and real estate sectors coupled with increasing disposable incomes specifically in urban areas. The main destinations for Japanese office furniture exports are Asia and the Pacific followed by North America. China and India are the prominent countries behind the growth of the office furniture market in Asia-Pacific.
