The furnishings and furnishing sector is a manufacturing sector in Hong Kong having a long history. It provides the production of household, office and kitchen furniture, and also mattresses, bedding and parts of furniture. A vast selection of raw materials are used in production, including wood, rattan, plastic and metal. And the like, Furniture Hong Kong is the major production and exports of the industry.
Hong Kong companies have strong design capability, while accommodating themselves to OEM orders from overseas buyers. Some specialise in the creation of higher-end set furniture for hotels, offices as well as other property projects under tender-contracts.
Hong Kong’s furniture manufacturers have also did start to develop their own personal brands. Furniture manufacturers also become more careful about the choice of raw materials in order to meet international standards, like compliance with legal or another environmental requirements within their target markets.
Green furnishings are an important product trend. Because of the increasing awareness about environmental protection and much more stringent legal requirements worldwide, furniture manufacturers will be more cautious when choosing the type of material for production. Some manufacturers are adopting a de-materialisation approach by designing furniture which uses less material. Furniture painting must also be environmentally friendly.
Hong Kong’s furniture manufacturers engage in the production of a wide range of products including household, office and kitchen furniture, along with mattresses, bedding and parts of furniture.
Most of the manufacturing activities of your furniture industry are actually carried out around the Chinese mainland. With all the head office in Hong Kong, acting as being a controlling office principally accountable for high value-added services including management, finance, accounting and marketing, production plants happen to be create in the Chinese mainland to utilise the main benefit of lower operation cost.
Numerous types of raw materials are employed in production, including wood, rattan, plastic and metal. And the like, wooden furnishings are the main production and exports in the industry. It includes furniture in rosewood and black-wood, especially wooden tables, chairs and wardrobes. To many Hong Kong furniture manufacturers, Asian countries would be the major method to obtain raw materials. For instance, solid wood is mainly sourced from Malaysia and Thailand, while Indonesia will be the major supplier of rattan.
Around the retail side, chain stores and hypermarkets are the most famous sales channels in The United States. In Japan, imported furnishings are mainly available in specialty stores in addition to stores. Within these mature markets, buyers increasingly source furniture right from manufacturers, while many still purchase through agents and distributors. Specialised furniture districts or shopping malls are popular on the Chinese mainland for both retail and wholesale business.
Many Hong Kong manufacturers produce by using an OEM/ODM grounds for major foreign brands. By way of example, JF Household Furnishings Ltd, a listed company in Hong Kong Stock Exchange, is among the suppliers of IKEA. Many Hong Kong manufacturers have established their very own retail stores in overseas markets, particularly on the mainland, as an example, Lamex, Four Seas Furniture and Dickson Furniture have set up subsidiaries, branch offices and sales outlets in major Chinese cities to facilitate domestic sales.
Low to medium-end merchandise is often available in hypermarkets. For standard products such as garden chairs, folding chairs, shoes racks and mattresses, Hong Kong manufacturers mainly depend on trading firms, foreign buying offices stationed in Hong Kong. They can also appoint sales agents to build up overseas markets.
Competition is keen in the furniture industry. Most companies strive to lower their value of production and increase efficiency. Some relocate their manufacturing operations to other areas with lower operation cost. Some foreign manufacturers take steps to bolster their domestic production through product specialisation.
Hong Kong’s furniture manufacturers have begun to develop their very own brands. Notable examples include mattress manufacturers marketing their own personal brands inside the local and overseas markets. Furniture manufacturers also become more careful about the option of raw materials to fulfill international standards, including compliance with legal or another environmental requirements in their target markets.
Chinese People mainland may be the largest furniture exporter to many people countries, including the US and Japan Guangdong province is a major manufacturing centre of furniture in the Chinese mainland. Aside from Hong Kong, manufacturers from Taiwan and even the US have also setup production plants on the mainland.
China also provides a huge potential industry for furniture manufacturers. The increasing consumption power of Chinese people, its property market development and promising tourist industry serve to drive the need for both residential and hotel furniture, and also other higher-end products. In 2015, the whole retail sales of table Hong Kong products by wholesalers and retailers above a specific scale in China grew 16.1% to RMB244.5 billion. Some foreign companies are actively seeking for business partners in China to discover opportunities of setting up production or sales operations in China. Hong Kong can act as a platform for these particular companies to get in the mainland market featuring its long-time experience in production and distribution network around the mainland, and also the 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 produced in Hong Kong, susceptible to CEPA’s rules of origin, enjoy duty-free access to the Chinese mainland.
Exports of furniture are susceptible to relevant safety and environmental requirements. Safety requirements include, for example, the stability, strength and also height requirements for children furniture, and fire-safety requirements for bedding, mattresses, fabric sofas and curtains. In October 2002, a law was passed in Japan to keep track of and reduce harmful gas emissions from interiors, which may hinder the use of materials.
The US is imposing anti-dumping duties on wooden bedroom furniture from China. Currently the dumping margins range between .83% to 216.01%. In May 2008, america approved legislation that significantly tightens certain requirements to the importation of plant and plant products, including products made of wood. Importers must file a declaration upon importation which contains (i) the scientific name of any plant (like the genus and species) within the importation, (ii) a description in the value and quantity (such as the unit of measure) of your importation and (iii) the name of the country through which the plant was taken. In July 2010, america enacted into law the Formaldehyde Standards for Composite Wood Product Act which came into effect in January 2011. This Act sets the typical for formaldehyde emissions from related wood products for sale in the US.
Green furniture: On account of the increasing awareness about environmental protection and much more stringent legal requirements worldwide, furniture manufacturers are definitely more cautious in selecting the types of materials for production. For example, they normally use fabrics which do not produce toxic fumes inside the production process, for example polypropylene. So that you can reduce the consumption of wood, some alternative materials are employed in view of environmental concerns. Some manufacturers are also making furniture from recycled products, including 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 must also be green.
Multi-functionality: More flexible, functional and smaller furniture which incorporates several function is popular. The need for this sort of furnishings are not restricted to people located in small quarters, but in addition people cluttered with stuffs. Products say for example a raised bed with many different space for storage underneath and folding chairs held on a wall can help provide storage solution and free space on to the ground.
Ready-to-assemble (RTA) and Do-it-yourself (DIY) furniture: RTA and DIY furniture and home furnishing products have gained popularity around the globe, especially in Europe and America.
Mass customization furniture (MCF): A trend ever more popular lately. It shows the capability from the supplier to provide customised products at quick responsiveness through flexible processes in high volumes, as well as costs much like standardised mass products.
Natural variations: The latest American classic with simplicity designs is arriving back. Furniture featured with clean lines and a visible indication of hand workmanship is popular in america. Wood species including cherry, white oak, maple and pine are very-liked by the customers. The idea of mixed materials is developing. By using raw materials or simulation production techniques, manufacturers will offer more interesting mixtures of materials to offer an exclusive collection.
Globally inspired design: The notion of bringing the world into our house is catching on along with the cultures in other places around the world in obtaining reflected in the design of Dining Chairs Hong Kong. For instance, an even more Zen-like interior space may be found in Asian inspired furniture.