VIETNAM FURNITEC 2024 - Vietnam International Furniture Accessories, Hardware & Tools Exhibition

The Vietnam International Furniture Accessories, Hardware & Tools Fair (Furnitec), is concurrent with VietnamWood, which stands as the leading trade fair within the wood processing sector and related industries in Vietnam. Furnitec provides global and local furniture industry chain a great platform to explore a better possibility with their products. Vietnam’s furniture and wooden goods industry has well established. The industry is diversified with the product types such as plywood furniture, MDF goods, solid wood, case-goods, flatpack furniture, and so on. Vietnam has established itself as a major global exporter of wood and furniture products The market has seen substantial penetration by foreign investors from Germany, France, Japan, China, Malaysia, and Thailand. Notable investors from Taiwan, China, Korea, and Japan contribute significantly to timber production, making up 63% of the total output. The demand for imported wooden goods in Vietnam is led by China at 63%, followed by Korea at 11%. With a furniture demand of about $21 per person annually, the Vietnamese market is increasingly attractive to international brands from Denmark, Germany, Sweden, and beyond. Emerging Trends and Technological Advancements To stay competitive and meet global standards, Vietnamese furniture manufacturers are focusing on continuous technological advancements and innovation. Improving product processing, design, and minimizing errors are essential to creating high-quality, durable products. Furthermore, effective marketing strategies are vital to reaching a diverse consumer base. As the industry evolves, these trends highlight the dynamic nature of Vietnam's furniture manufacturing sector, positioning it for continued growth and global recognition.

Event Organizers