News archive

Tag: furniture

Pyramid Lane first Malaysian furniture manufacturer to opt for automation

17-09-2019
Pyramid Lane, furniture, office furniture, kitchen, Asia market, manufacturer, storage system, edgebanding, automation, HOMAG Asia, Malaysia, Kuala Lumpur

Thanks to a reputation for reliability, commitment and quality, the Malaysian furniture manufacturer Pyramid Lane has put its trust in German machine technology from HOMAG. Pyramid Lane, based near Kuala Lumpur, Malaysia, has been manufacturing office furniture and kitchens specifically designed for the Asian market since 1997. The company …

Taobao’s first physical store in Southeast Asia opens in Singapore’s Funan mall

12-09-2019
Taobao, e-commerce marketplace, furniture, China, Virmall, Funan mall, Singapore, first, Southeast Asia

Chinese e-commerce platform Taobao has opened its new store at Singapore’s Funan mall, a first in Southeast Asia, as demand rises for its home furniture goods. Named Taobao Store by Virmall, the shop is a partnership between Taobao and Virmall, a local firm that helps to curate and introduce products from merchants on Taobao. The shop, …

Editor’s pickSGS Expands Furniture Services to Assist Vietnam’s Growing Furniture Export Industry

09-09-2019
SGS, expansion, furniture services, inspection, verification, testing, certification, Vietnam

SGS,  global leading inspection, verification, testing and certification company, has responded to Vietnam’s recent 7.9 per cent growth in gross domestic product and the opportunities for international trade this presents to the furniture industry, with an expansion in capabilities. Despite a long history of domestic furniture …

Indonesia failed to take advantage of trade war and expand market share on U.S. furniture imports

03-09-2019
Indonesia, expand market share, U.S. furniture imports

Indonesian furniture producers are unable to take advantage of the trade war between the U.S. and China and expand market share in the U.S.. Based on data from the Indonesian Centre for Reform of Economics (CORE) in April 2018, when the U.S. Government began imposing tariffs on Chinese products, the furniture market share of China in the US was 48 …

Singapore furniture label Commune to launch digital platform in shops and an Augmented Reality app for customers

02-09-2019
Commune, Singapore furniture label, digital platform, augmented reality, mobile application, digitalisation

Named Commune: In Motion, the digital platform used in Singapore’s furniture company Commune’s retail shops is a smart cloud-based retail solution that brings together the store's customer and back-end data, allowing staff to access information and serve clients more efficiently, reported the Straits Times. Even before they interact …

China’s wooden furniture exports in 2018

25-07-2019
China, exports, wood furniture, 2018

The value of China’s wooden furniture exports was US$13.489 billion in 2018, a year on year decline of 2%, reported Global Wood. The US still is the main destination for China’s wooden furniture exports. The top 10 markets accounted for around 75% of all wooden furniture exports. China’s primary wooden furniture export markets …

U.S. import of wooden furniture catches up

25-07-2019
U.S. imports, 2018, wooden furniture

The volume of U.S. imports of wooden furniture grew by 17% in May, surging ahead of 2018 year to date for the first time this year. Imports from China, Vietnam, Malaysia and Mexico all rose by more than 10%. Year to date, imports from Vietnam and Malaysia are up 29% and 13% respectively, reported Global Wood. The results of the Smith Leonard …

The Furniture Industry in India, 2019 to 2023: Vendors Generating Significant Revenue Through Online Platforms

17-05-2019
India, wooden furniture, market report

The Indian furniture market is anticipated to reach USD 32.61 billion (SGD 44.6 billion) by 2018 by registering a CAGR of 13.38 per cent during the forecast period of 2018-2023. Moreover, the market is expected to garner USD 61.09 billion (SGD 83.6 billion) by the end of 2023. Further, the India furniture market is anticipated to achieve a …

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