The furniture and furnishing sector is a manufacturing sector in Hong Kong having a long history. It provides producing household, office and kitchen furniture, in addition to mattresses, bedding and aspects of furniture. A huge assortment of raw materials are being used in production, including wood, rattan, plastic and metal. Among others, Furniture shop in Hong Kong will be the major production and exports in the industry.
Hong Kong companies have strong design capability, while accommodating themselves to OEM orders from overseas buyers. Some specialize in the creation of higher-end set furniture for hotels, offices and other property projects under tender-contracts.
Hong Kong’s furniture manufacturers have likewise begun to develop their very own brands. Furniture manufacturers also be a little more careful about deciding on a raw materials to fulfill international standards, including compliance with legal or some other environmental requirements within their target markets.
Green furnishings are an important product trend. On account of the increasing awareness about environmental protection and more stringent legal requirements worldwide, furniture manufacturers are more cautious in picking materials for production. Some manufacturers are adopting a de-materialisation approach by designing furniture which utilizes less material. Furniture painting also needs to be eco-friendly.
Hong Kong’s furniture manufacturers engage in the production of a wide range of products including household, office and kitchen furniture, as well as mattresses, bedding and parts of furniture.
The majority of the manufacturing activities in the furniture industry have become carried out on the Chinese mainland. With the head office in Hong Kong, acting as being a controlling office principally in charge of high value-added services including management, finance, accounting and marketing, production plants have been set up around the Chinese mainland to utilise the main benefit of lower operation cost.
Numerous types of raw materials are being used in production, including wood, rattan, plastic and metal. And the like, wooden furnishings are the key production and exports of your industry. It contains furniture in rosewood and black-wood, especially wooden tables, chairs and wardrobes. To numerous Hong Kong furniture manufacturers, Asian countries are definitely the major supply of raw materials. For instance, wood is principally sourced from Malaysia and Thailand, while Indonesia will be the major supplier of rattan.
On the retail side, chain stores and hypermarkets are typically the most popular sales channels in Canada And America. In Japan, imported furniture is mainly available in specialty stores in addition to department stores. Within these mature markets, buyers increasingly source furniture straight from manufacturers, although some still purchase through agents and distributors. Specialised furniture districts or shopping malls are popular on the Chinese mainland both for retail and wholesale business.
Many Hong Kong manufacturers produce on an OEM/ODM basis for major foreign brands. For example, JF Household Furnishings Ltd, a listed company in Hong Kong Stock Exchange, is amongst the suppliers of IKEA. Many Hong Kong manufacturers have established their own personal stores in overseas markets, particularly in the mainland, as an example, Lamex, Four Seas Furniture and Dickson Furniture have create subsidiaries, branch offices and sales outlets in leading Chinese cities to facilitate domestic sales.
Low to medium-end products are often available in hypermarkets. For standard products including garden chairs, folding chairs, shoes racks and mattresses, Hong Kong manufacturers mainly count on trading firms, foreign buying offices stationed in Hong Kong. They might also appoint sales agents to build up overseas markets.
Competition is keen inside the furniture industry. A lot of companies strive to lessen their value of production and increase efficiency. Some relocate their manufacturing operations to many other areas with lower operation cost. Some foreign manufacturers are taking steps to strengthen their domestic production through product specialisation.
Hong Kong’s furniture manufacturers have also began to develop their very own brands. Notable examples include mattress manufacturers marketing their particular brands within the local and overseas markets. Furniture manufacturers also become a little more careful about choosing raw materials to satisfy international standards, like compliance with legal or other environmental requirements within their target markets.
The Chinese mainland may be the largest furniture exporter to many people countries, like the US and Japan Guangdong province is a major manufacturing centre of furniture on the Chinese mainland. In addition to Hong Kong, manufacturers from Taiwan and in many cases america have also setup production plants about the mainland.
China even offers a massive potential niche for furniture manufacturers. The increasing consumption power of Chinese people, its property market development and promising tourist industry help to drive the need for both residential and hotel furniture, together with other higher-end products. In 2015, the whole retail sales of table Hong Kong products by wholesalers and retailers above a particular scale in China grew 16.1% to RMB244.5 billion. Some foreign companies are actively looking for business partners in China to learn opportunities of creating production or sales operations in China. Hong Kong can work as a platform for such companies to penetrate the mainland market having its long-time expertise in production and distribution network about the mainland, as well as the good reputation for its quality, integrity, reliable delivery and management.
The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) was concluded in June 2003 and subsequently expanded in following years. All products manufactured in Hong Kong, subject to CEPA’s rules of origin, enjoy duty-free access to the Chinese mainland.
Exports of furniture are at the mercy of relevant safety and environmental requirements. Safety requirements include, for example, the stability, strength and also height requirements for the kids furniture, and fire-safety requirements for bedding, mattresses, fabric sofas and curtains. In October 2002, a law was passed in Japan to observe and reduce harmful gas emissions from interiors, which could hinder the use of materials.
The Usa is imposing anti-dumping duties on wooden bedroom accessories from China. Typically the dumping margins range from .83% to 216.01%. In May 2008, the usa approved legislation that significantly tightens certain requirements to the importation of plant and plant products, including products created from wood. Importers are needed to file a declaration upon importation containing (i) the scientific name associated with a plant (such as the genus and species) contained in the importation, (ii) a description in the value and quantity (including the unit of measure) of your importation and (iii) the name of the nation from where the plant was taken. In July 2010, the usa enacted into law the Formaldehyde Standards for Composite Wood Product Act which came into effect in January 2011. This Act sets the standard for formaldehyde emissions from related wood products accessible in america.
Green furniture: As a result of the increasing awareness about environmental protection and a lot more stringent legal requirements worldwide, furniture manufacturers are more cautious in picking materials for production. As an example, they prefer fabrics which do not emit toxic fumes inside the production process, like polypropylene. So that you can reduce the intake of wood, some alternative materials are being used in view of environmental concerns. Some manufacturers can also be making furniture from recycled products, for example reclaimed wood and old teak from wood buildings. Some manufacturers are adopting dexopky64 de-materialisation approach by designing furniture which utilizes less material. Furniture painting also needs to be green.
Multi-functionality: More flexible, functional and smaller furniture which incorporates several function is popular. The need for this kind of furniture is not limited to people surviving in small quarters, and also people cluttered on top of stuffs. Products such as a raised bed with a lot of storage area underneath and folding chairs hung on a wall can help provide storage solution and free space on to the floor.
Ready-to-assemble (RTA) and Do-it-yourself (DIY) furniture: RTA and DIY furniture and home furnishing products have become popular around the globe, particularly in Europe and America.
Mass customization furniture (MCF): A trend increasingly popular in recent years. It shows the capability from the supplier to supply customised products at quick responsiveness through flexible processes in high volumes, and also at costs comparable to standardised mass products.
Natural variations: The brand new American classic with simplicity designs is coming back. Furniture featured with clean lines as well as a visible symbol of hand workmanship is popular in the US. Wood species for example cherry, white oak, maple and pine are very-liked from the customers. The idea of mixed materials is developing. Through the use of raw materials or simulation production techniques, manufacturers can provide more interesting combinations of materials to offer an exclusive collection.
Globally inspired design: The thought of bringing the world into our residence is catching on and also the cultures in other places on the planet in getting reflected in the design of bar stool HK. As an example, a far more Zen-like interior space can be found in Asian inspired furniture.