News archive

Tag: Market

Editor’s pickMDF is the future of Furniture in India

11-09-2018
MDF, India, furniture market, ready-made furniture, plywood, particleboard, GREENPANEL

India’s furniture market is undergoing a major shift with a move towards ready-made furniture and a rising preference for medium density fibre (MDF) over plywood in line with the global trends. Moreover, the culture of ready-made furniture is being accepted widely across India as we see in the case of IKEA. The growth rate of plywood today …

Editor’s pickU.S. a growing market for New Zealand Redwood

05-09-2018
New Zealand, Redwood, growing market, California

Redwood is protected in the United States. Image credit: Martha Bergmann The forestry industry in New Zealand had found a growing market for Redwood timber in California, selling to desperate buyers not allowed to harvest the protected trees in the United States (U.S.). And Redwood, also known as Sequoia, is plentiful in New Zealand, according to …

Editor’s pickBinh Duong in the beginning

31-07-2018
Vietnam, Southeast Asia, Furniture, Wood, Woodworking, Industry, Market

Leader of the pack Word around the industry is that Mr Seven Lee ventures to places where no one dares, but when he steps out, everyone else quickly follows. In this case, Vietnam in 1992. “And then they all come and build bigger, better factories and now I’m the smallest player here,” he jests. Mr Lee is, of course, being …

Editor’s pickBIFA Wood Vietnam: In the heart of Vietnam's Furniture Manufacturing Cluster

26-07-2018
Vietnam, BIFA Wood Vietnam, Furniture, Wood, Panels, Timber, Market, Export, Wood Industry, Woodworking, Southeast Asia, Growth

Vietnam’s woodworking industry is seeing significant growth in recent years. Just last year alone, the industry saw a revenue of US$8 billion, a 10 per cent growth from US$7.3 billion in 2016. The country’s phenomenal growth in the last decade has made it a serious contender to overtake China as the world’s manufacturing …

Editor’s pickVietnam: A vital and growing market for U.S. hardwood lumber

25-07-2018
Vietnam, U.S., America, Wood, Wood Industry, Judd Johnson, Market, Industry, Hardwood Lumber, Lumber

 Figure 1: Vietnam accounts for 10 per ent of all U.S. hardwood lumber last year By Judd Johnson, Hardwood Market Report The volume of hardwood lumber exported from the U.S. to Vietnam pales in comparison with the volume exported to China. Then again, so does the volume exported to every other market in the world. China accounted for 54 per …

Editor’s pickMore Chinese wood products added to Trump's future massive tariff list

24-07-2018
U.S.-China trade war, lumber, U.S. market, furniture, oak, beech, maple, ash, cherry, particleboard, various types of plywood, doors

As the trade war between U.S. and China heats up, U.S. President Donald Trump has listed more than $200 billion worth of Chinese exports to the U.S. that may be subjected to new tariffs come end of August. The list is massive and includes industrial goods and chemicals, consumer products, and wood products. If the list comes into effect, just …