Chinese Markets for Bedroom Furniture

TABLE OF CONTENTS

I. INTRODUCTION 1

Report Scope and Methodology 1

Executive Summary 2

II. BUSINESS ENVIRONMENT 8

Economic Outlook 8

Key Economic Indicators 8

Population 12

Industrial Output 14

Foreign Investment 16

Foreign Trade 20

Financial and Tax Regulations 29

Banking System and Regulations 29

Foreign Exchange 30

Taxation on Foreign-Funded Enterprises 31

III. BEDROOM FURNITURE INDUSTRY ASSESSMENTS 40

Bedroom Furniture Industry Overview 40

Industry Structure and Composition 42

Labor Costs 43

Major Producer Sales 50

Market Share of Key Producers 57

Potential Entrants 66

Major Foreign Investments 70

Technology Development 72

IV. BEDROOM FURNITURE SALES AND DEMAND 75

Overview 75

Raw Materials 79

Forestry Industry Outlook 79

Lumber Production and Demand 80

Bedroom Furniture Sales and Demand 82

Mattress Sales and Demand 82

Mattress Sales 82

Foreign Trade 84

Mattress Market Demand and Outlook 86

Pricing Trend 87

Bed Frame Sales and Demand 88

Bed Frame Sales 88

Foreign Trade 90

Bed Frame Market Demand and Outlook 92

Pricing Trend 94

Bedside Table Sales and Demand 96

Bedside Table Sales 96

Foreign Trade 98

Bedside Table Market Demand and Outlook 100

Pricing Trend 102

Chest and Dresser Sales and Demand 103

Chest and Dresser Sales 103

Foreign Trade 105

Chest and Dresser Market Demand and Outlook 107

Pricing Trend 109

Wardrobe Sales and Demand 111

Wardrobe Sales 111

Foreign Trade 113

Wardrobe Market Demand and Outlook 114

Pricing Trend 116

Bedroom Furniture Imports and Exports 117

Bedroom Furniture Imports and Exports by Type 117

Bedroom Furniture Imports and Exports by Country 123

V. BEDROOM FURNITURE MARKET OUTLOOK 129

Bedroom Furniture Markets Outlook Overview 129

Consumer Spending Trends by Region 134

North 134

Northeast 135

East 136

South 138

Southwest 140

Northwest 141

Construction Market Outlook 142

Residential Building Construction by Region 144

North 144

Northeast 146

East 148

South 149

Southwest 151

Northwest 153

Bedroom Furniture Sales and Demand by Region 155

North 155

Northeast 158

East 160

South 163

Southwest 167

Northwest 169

VI. MARKETING STRATEGIES 171

Distribution System in China 171

China's Distribution System 171

Bedroom Furniture Distribution Channels 172

Transportation and Freight Infrastructure 173

Communications 174

Market Entry Channels 175

Exporting to China 176

Export Market Overview 176

Chinese Trading Practice 177

Trading Companies 178

Import Restrictions in China 179

Technology Licensing 180

Technology Licensing Overview 180

Intellectual Property Protection 181

Joint Venture 182

Joint Venture Overview 182

Advantages and Disadvantages 183

Wholly Owned Enterprises 184

Foreign Wholly Owned Enterprises Overview 184

Advantages and Disadvantages 185

Other Market Entry Channels 186

Setting up Sales Offices 186

Selling to China Through Attending Trade Fairs 187

Contacting Chinese Companies 188

Advertising 188

Market Entry Strategies 189

Understanding Differences 189

Business Practice Differences 190

Knowledge of Regulations and Restrictions 191

Dealing with Governments 191

VII. BEDROOM FURNITURE PRODUCER DIRECTORY 192

Bedroom Furniture Producer Profiles 192

Distributors 258

Trading Companies 269

Research Institutions and Associations 271

LIST OF TABLES

I. INTRODUCTION 1

Economic Outlook Summary 4

Bedroom Furniture Supply and Demand Summary 7

II. BUSINESS ENVIRONMENT 8

Key Economic Indicators 11

Population and Labor Force Trends 13

Industrial Output 16

Foreign Investment and Loans 19

Foreign Trade 21

Key Commodity Exports from China 23

China�s Exports to its Leading Trade Partners 25

Key Commodity Imports into China 26

China�s Imports from Its Leading Trade Partners 28

III. BEDROOM FURNITURE INDUSTRY ASSESSMENTS 40

Major Producer Facility Locations 45

Major Bedroom Furniture Producer Sales 52

Market Share of Key Producers 61

Major Foreign Investments 71

IV. BEDROOM FURNITURE SALES AND DEMAND 75

Total Bedroom Furniture Sales and Demand 77

Forestry Industry Outlook 80

Lumber Production and Demand 81

Mattress Sales 84

Foreign Trade 85

Mattress Market Demand and Outlook 87

Bed Frame Sales 90

Foreign Trade 92

Bed Frame Market Demand and Outlook 94

Bedside Table Sales 98

Foreign Trade 100

Bedside Table Market Demand and Outlook 102

Chest and Dresser Sales 105

Foreign Trade 107

Chest and Dresser Market Demand and Outlook 109

Wardrobe Sales 112

Foreign Trade 114

Wardrobe Market Demand and Outlook 116

Bedroom Furniture Imports and Exports by Type 122

Bedroom Furniture Imports and Exports by Country 126

V. BEDROOM FURNITURE MARKET OUTLOOK 129

Total Bedroom Furniture Consumption by Market 132

Consumer Spending Trends North 135

Consumer Spending Trends Northeast 136

Consumer Spending Trends East 138

Consumer Spending Trends South 139

Consumer Spending Trends Southwest 141

Consumer Spending Trends Northwest 142

Construction Market Outlook 144

Residential Building Construction North 146

Residential Building Construction Northeast 147

Residential Building Construction East 149

Residential Building Construction South 151

Residential Building Construction Southwest 153

Residential Building Construction Northwest 154

Bedroom Furniture Sales and Demand North 157

Bedroom Furniture Sales and Demand Northeast 159

Bedroom Furniture Sales and Demand East 163

Bedroom Furniture Sales and Demand South 166

Bedroom Furniture Sales and Demand Southwest 168

Bedroom Furniture Sales and Demand Northwest 170

LIST OF CHARTS

Bedroom Furniture Sales and Demand Summary 5

China's GDP and Industrial Output 10

Population Trends 13

Industrial Output by Ownership 15

Foreign Investments and Loans 18

China�s Imports and Exports 22

Key Commodity Exports from China 24

Key Commodity Imports into China 27

Bedroom Furniture Sales and Demand 78

Bedroom Furniture Exports and Imports 128

Bedroom Furniture Demand by Region in 2006 133