Asia Pacific is the largest furniture market in the world

Asia Pacific is the largest furniture market in the world

The world’s largest furniture market is in the Asia Pacific region, followed by Europe. China is the world’s largest furniture consumer market, followed by the United States, Germany, India, Japan, the United Kingdom, France, Canada, South Korea, Italy. China, India, South Korea and Italy belong to the market dominated by domestic industries, with low penetration rate of imported products, while the share of domestic and foreign industries in other markets such as the United States, Germany and Japan is relatively balanced.

As a whole, the Asian market is relatively closed, and the North American market is the most open. At present, about 16% of the global furniture market (excluding China) is satisfied by Chinese products.

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