The furniture market attracts tens of thousands of participating businesses, including probably the most exciting high-end phase with names such as for instance Pho Xinh, Nha Vui, Index living mall, etc. foreign brands due to the prospect from the domestic furniture industry of Vietnam.Real need and purchasing power of furniture business per capitaAccording to knowledge of the klebefolie holz Chi Minh City Association of Fine Arts and Timber Control (HAWA), only for furniture, the typical consumption need in Vietnam is 21 USD / individual / year.
Determined, the scale of domestic wooden furniture usage in 2018 reached US $ 4 billion.According to Mr. Phan Dang Chuong - Deputy Basic Manager of ERNST & Small Vietnam Limited, before 5 decades, about 400,000 - 500,000 townhouses and high-class apartments have already been born in Vietnam. Typically, each apartment employs at least 1-2 hundred million dong for the interior, therefore there is significantly less than 100,000 billion dong because of this demand.
In addition to property, the solid growth of the furniture market can be related to the forming of the middle-income group in Vietnam that's spread the aesthetics and demand of consumers. "Clients do not pick furniture as common items but show their life style, superior cosmetic feeling," Mr. Phan Dang Chuong shared.In 2018 Vietnam spent almost 500 million USD to transfer furniture, which can be estimated to carry on to boost in the next years.
Based on the discussing of representative of Eric Dinh, advertising manager of Dongsuh Furniture, center and high-end products and services have many price pieces which range from hundreds of million to nearly 400 million dong / product. Particularly, the purchasing energy of the purchase price section under 50 million VND reports for 40% of sales with this business. And at the same time frame confirmed, the current furniture industry has not been correctly examined when it comes to solution value.
It's difficult but Dongsuh Furniture's type of selling furniture on the web can fully modify that. Getting things on line in Korea as a habit of the people, we think that in Vietnam, we will do the same, particularly prior to the surge of IoT and e-commerce systems in Vietnam. selling house furniture will help save yourself significant costs and support all Vietnamese people are able to get into the blissful luxury furniture part at an affordable cost "- Mr.
