Abstract
Report Scope and Methodology
This report examines China' s macroeconomic trends, investment environment, living room furniture industry structure and capacity, production and demand, market consumption trends, distribution channels and principal industry participants. Longterm forecasts for living room furniture production and demand are included. The report contains 81 tables and charts. Key producers are profiled. Top Chinese living room furniture producers are listed in the producer directory section.
Most primary and secondary research was done in China in order to access up-to-date government regulations, market information and industry data. Data was collected from the Chinese government publications, Chinese language newspapers and magazines, Chinese furniture associations including Chinese living room furniture associations, local governments' light industry bureaus, furniture industry publications, and our in-house databases. Interviews were conducted with Chinese industry experts, university professors, and living room furniture producers in China.
Historical data include 1996, 2001 and 2006. Longterm development trends are projected to the years 2011 and 2016. Economic models and quantitative methods are applied in this report to project market demand and industry trends. Metric system is used and values are presented in either Yuan (RMB, current price) and/or US dollars. Exchange rate for 2006 is based on the annual average rate (7.8 Yuan per US dollar). The word "demand" is used interchangeably with "consumption". Totals may not add due to rounding.
Executive Summary
China has experienced over two decades of high economic growth, which has been stimulated by the consecutive increases of industrial output, consumer consumption and capital investment. China' s GDP has been growing at 11% per annum. National industrial output has been advancing at 10.3% annually and will continue to sustain a strong growth into the next decade. The fast-growing middle class is creating an enormous consumer society. As the fastest-growing economy in the world, the emerging market has attracted the attention of investors and corporations around the world for the last two decades.
To deepen the reform of state-owned enterprises is a long-term task and needs great efforts. The reform of state-owned economy has witnessed rapid changes in both economic and social aspects. The introduction of foreign advanced technology and capitals will continue to be favored by the Chinese government and business community. New ways will be adopted to utilize foreign investment, including mergers, acquisition, and investment funds and securities investment. China will continue to improve its investment environment in the areas of legal system, intellectual property protection, foreign trade and investment regulation, infrastructure and financial system. China is the second largest foreign investment recipient after the United States in the world today. Given its vast market, the country provides tremendous opportunities for investment and trade both for the present and future.
Table of Contents
I. INTRODUCTION
- Report Scope and Methodology
- Executive Summary
II. BUSINESS ENVIRONMENT
- Economic Outlook
- Key Economic Indicators
- Industrial Output
- Population and Labor
- Foreign Investment
- Foreign Trade
- Financial and Tax Regulations
- Banking System and Regulations
- Foreign Exchange
- Taxes, Tariff and Custom Duties
III. LIVING ROOM FURNITURE INDUSTRY ASSESSMENTS
- Living Room Furniture Industry Overview
- Industry Structure and Composition
- Market Size
- Major Producer Facility Locations
- Major Living Room Furniture Producer' s Output
- Market Share of Key Producers
- Labor Costs
- Potential Entrants
- Major Foreign Investments
- Technology Development
IV. LIVING ROOM FURNITURE SALES AND DEMAND
- Overview
- Raw Materials
- Forestry Industry Outlook
- Lumber Production and Demand
- Living Room Furniture Sales and Demand
- Fabric Sofa Sales and Demand
- Leather Sofa Sales and Demand
- Sofa Bed Sales and Demand
- Armchairs Sales and Demand
- Coffee Table Sales and Demand
- Wall Unit Sales and Demand
- Entertainment Center Furniture Sales and Demand
- Bookcases and Bookshelves Sales and Demand
- Screen Sales and Demand
- China Living Room Furniture Imports and Exports
- Pricing Trend
V. LIVING ROOM FURNITURE MARKET OUTLOOK
- Living Room Furniture Markets Outlook Overview
- Consumer Spending Trends by Region
- North
- Northeast
- South
- East
- Southwest
- Northwest
- Construction Market Outlook
- Demand of Living Room Furniture by Region in 2006
VI. MARKETING STRATEGIES
- Distribution System in China
- China' s Distribution System
- Living Room Furniture Distribution Channels
- Transportation and Freight Infrastructure
- Communications
- Market Entry Channels
- Exporting to China
- Export Market Overview
- Chinese Trading Practice
- Trading Companies
- Import Restrictions in China
- Technology Licensing
- Technology Licensing Overview
- Intellectual Property Protection
- Joint Venture
- Joint Venture Overview
- Advantages and Disadvantages
- Wholly Owned Enterprises
- Foreign Wholly Owned Enterprises Overview
- Advantages and Disadvantages
- Other Market Entry Channels
- Setting up Sales Offices
- Selling to China through Attending Trade Fairs
- Contacting Chinese Companies
- Advertising
- Exporting to China
- Market Entry Strategies
- Understanding Differences
- Business Practice Differences
- Knowledge of Regulations and Restrictions
- Dealing with Governments
VII. LIVING ROOM FURNITURE PRODUCER DIRECTORY
- Living Room Furniture Producer Profiles
- Distributors
- Trading Companies
- Research Institutions and Associations
LIST OF TABLES
I. INTRODUCTION
- Economic Outlook Summary
- Living Room Furniture Supply and Demand Summary
II. BUSINESS ENVIRONMENT
- Key Economic Indicators
- Industrial Output
- Population and Labor Force Trends
- Foreign Investment and Loans
- Foreign Trade
- Key Commodity Exports from China
- China' s Exports to its Leading Trade Partners
- Key Commodity Imports into China
- China' s Imports from Its Leading Trade Partners
III. LIVING ROOM FURNITURE INDUSTRY ASSESSMENTS
- Living Room Furniture Industry Output in China
- Major Producer Facility Locations
- Major Living Room Furniture Producer Output
- Market Share of Key Producers
- Major Foreign Investments
IV. LIVING ROOM FURNITURE SALES AND DEMAND
- Total Living Room Furniture Sales and Demand
- Forestry Industry Outlook
- Lumber Production and Demand
- Living Room Furniture Sales and Demand
- Fabric Sofa Sales and Demand
- Leather Sofa Sales and Demand
- Sofa Bed Sales and Demand
- Armchairs Sales and Demand
- Coffee Table Sales and Demand
- Wall Unit Sales and Demand
- Entertainment Center Furniture Sales and Demand
- Bookcases and Bookshelves Sales and Demand
- Screen Sales and Demand
- China Living Room Furniture Imports and Exports
V. LIVING ROOM FURNITURE MARKET OUTLOOK
- Total Living Room Furniture Consumption by Market
- Consumer Spending Trends by Region
- Northeast
- North
- Southeast
- Central
- Southwest
- Northwest
- Construction Market Outlook
- Demand of Living Room Furniture by Region in 2006
LIST OF CHARTS
- Living Room Furniture Output and Demand Summary
- China' s GDP and Industrial Output
- Population Trends
- Industrial Output by Ownership
- Foreign Investments and Loans
- China' s Imports and Exports
- Living Room Furniture Output in China
- Living Room Furniture Production and Demand
- Living Room Furniture Exports and Imports
- Living Room Furniture Demand by Market in 2011
