China has been the world factory for over 30 years. The whole world benefits from its fast development. China has become the top destination for furniture importers across the world.
In spite of all the benefits, There are rumors spreading over.
Yes, at the very beginning, due to its large population profit, the labor cost in China is much lower than in other developed countries. Indeed, it has given price advantages to Furniture made in China. This might be one of the main reasons for worldwide importers to choose to import from China.
However, this is not true. As we know, China is a big country with a population of 1.3 billion and an area of 9.6 million square meters. There are not only cheap products but also high-end furniture at a good price.
There are millions of furniture factories in China. There were few factories cheat customers with poor quality products. But for the majorities, they have been working hard to improve the quality of their products, after many years of effort. 90% of Chinese factories can make quality products. Though there are still poor quality products, the situation is different today. You could almost find anything that you need here in China. Luxury or economy. Anything that you could mention. The fact that many foreigners came to China for home use furniture well proved this point.
Recently, the cost for Chinese factories is rising up sharply. From the raw materials to labor cost. Big differences from 10 years ago. The price of Chinese made furniture also increased a lot. Some importers shifted to southeast Asia such as Vietnam, Malaysia for cheaper furniture. Does this mean that Chinese furniture is not competitive anymore? I should say no. China has been major furniture manufacturers for 20 years, its industry chain is already sophisticated.No Southeast Asia countries could match at the moment. The price for furniture made in Southeast Asia maybe lower, but the quality maybe not. Comprehensively consider each aspect, in the future 5 to 10 years, Furniture made in China are still competitive.
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