Vietnam Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Vietnam Furniture Market Report is Segmented by Application (home Furniture, Office Furniture, Hospitality Furniture, and Other Furniture), Material (wood, Metal, Plastic, and Other Materials), and Distribution Channel (home Centers, Flagship Stores, Specialty Stores, Online, and Other Distribution Channels). The Report Offers Market Size and Forecasts for the Vietnam Furniture Market in Value (USD) for all the Above Segments.

Vietnam Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Vietnam Furniture Market Size

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Vietnam Furniture Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 3.81 Billion
Market Size (2030) USD 5.36 Billion
CAGR (2025 - 2030) 7.06 %
Market Concentration Medium

Major Players

Vietnam Furniture Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Vietnam Furniture Market with other markets in Home and Property Improvement Industry

Kitchen Appliances

Home Appliances

Laundry Appliances

Home Decor

Furniture and Furnishings

Floor Coverings

Vietnam Furniture Market Analysis

The Vietnam Furniture Market size is estimated at USD 3.81 billion in 2025, and is expected to reach USD 5.36 billion by 2030, at a CAGR of 7.06% during the forecast period (2025-2030).

The market for furniture in Vietnam has been steadily growing in recent years. The export volume for Vietnamese-made furniture has been rising, surpassing countries like Germany and Poland. The country has become the second-biggest furniture exporter and sixth-largest furniture producer, according to an industry association.

Factors such as lower tariff duties, an easy trading environment, convenient shipping logistics, and a wide range of materials for manufacturing furniture make Vietnam an upcoming hub of furniture manufacturing. Furniture from Vietnam is exported to over 120 countries, of which the main markets are the United States, the United Kingdom, Canada, Australia, and Japan.

Vietnamese consumers use a wide range of furniture products, with wooden furniture being the most common. Vietnam's indoor and outdoor furniture industry continues to stay strong and is expected to remain the same in the coming years.

After a development and improvement stage, Vietnam's wood processing industry has built a strong foundation of production capacity and innovation in technology and machines. This will result in gradually improving business administration, learning about product standards, improving the design, and flexibly producing according to customer requirements.

Domestic companies have been focusing on exports, which may open opportunities for furniture designers in the medium to long term. Vietnam is becoming a furniture-producing center not only for domestic production sourcing but also as a reliable option for international manufacturing for overseas companies. The number of direct foreign investment companies (FDI) is growing year after year, driving a larger average size in terms of turnover and workforce.

Vietnam Furniture Industry Overview

The report covers major international players operating in the Vietnam Furniture Market. A few major players currently dominate the market in terms of market share. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping into new markets. The major players in the market are Cam Ha Furniture, Duc Thanh, AA Corporation, Tran Duc Furnishings, and Kaiser.

Vietnam Furniture Market Leaders

  1. Cam Ha Furniture

  2. Duc Thanh

  3. AA Corporation

  4. Tran Duc Furnishings

  5. Kaiser

  6. *Disclaimer: Major Players sorted in no particular order
Vietnam Furniture Market Concentration
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Vietnam Furniture Market News

  • September 2023: International firms are rapidly expanding into the Vietnam furniture industry as a result of lower tariffs, an easy trading environment, convenient logistic services, and a wide range of materials for manufacturing furniture in the country. Denmark’s JYSK and BoConcept are the leading international players in this expansion. The international players are aiming to establish their manufacturing plants as well as to capture the Vietnamese furniture retail chain.
  • July 2023: AA Corporation completed the interior fit-out works, supplying and installing millwork and loose furniture at the Regent Phu Quoc resort. The resort has 176 suites and 126 villas with spacious rooms, and AA Corporation has supplied luxurious furniture for these rooms and suits. For this project, the company has provided mixed-use furniture development comprising luxury residences and a hotel.
  • January 2022: IKEA improved its e-commerce capabilities after having difficulty adapting after the pandemic. This was expected to improve its exports and imports across the globe and in Vietnam.

Vietnam Furniture Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS AND DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 The higher demand for space-saving and modular furniture solutions
    • 4.2.2 Increasing demand for luxurious home furniture
  • 4.3 Market Restraints
    • 4.3.1 Growing Demand for Second-hand furniture
    • 4.3.2 High labor costs
  • 4.4 Market Opportunities
    • 4.4.1 Expanding E-commerce market in the country
    • 4.4.2 Introduction of Smart Furniture
  • 4.5 Value Chain / Supply Chain Analysis
  • 4.6 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Insights on Latest Trends and Technological Innovations in the Industry
  • 4.8 Impact of COVID-19 on market

5. MARKET SEGMENTATION

  • 5.1 By Application
    • 5.1.1 Home Furniture
    • 5.1.2 Office Furniture
    • 5.1.3 Hospitality Furniture
    • 5.1.4 Other Furniture
  • 5.2 By Material
    • 5.2.1 Wood
    • 5.2.2 Metal
    • 5.2.3 Plastic
    • 5.2.4 Other Materials
  • 5.3 By Distribution Channel
    • 5.3.1 Home Centers
    • 5.3.2 Flagship Stores
    • 5.3.3 Specialty Stores
    • 5.3.4 Online
    • 5.3.5 Other Distribution Channels

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration Overview
  • 6.2 Company Profiles
    • 6.2.1 Duc Thanh Wood Processing JSC
    • 6.2.2 AA Corporation
    • 6.2.3 Tran Duc Furnishings
    • 6.2.4 Kaiser 1 Furniture
    • 6.2.5 Cassina
    • 6.2.6 Johnson Wood Products
    • 6.2.7 Hoang Moc Furniture
    • 6.2.8 An Viet Furniture
    • 6.2.9 IKEA
    • 6.2.10 Noi That Kenli*
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. DISCLAIMER AND ABOUT US

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Vietnam Furniture Industry Segmentation

The furniture industry includes all the companies and activities involved in designing, manufacturing, distributing, and selling functional and decorative household equipment objects. 

Vietnam's furniture market is segmented by application (home furniture, office furniture, hospitality furniture, and other furniture), material (wood, metal, plastic, and other materials), and distribution channel (home centers, flagship stores, specialty stores, online, and other distribution channels). 

The report offers market size and forecasts for the Vietnam Furniture Market in value (USD) for all the above segments.

By Application Home Furniture
Office Furniture
Hospitality Furniture
Other Furniture
By Material Wood
Metal
Plastic
Other Materials
By Distribution Channel Home Centers
Flagship Stores
Specialty Stores
Online
Other Distribution Channels
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Vietnam Furniture Market Research Faqs

How big is the Vietnam Furniture Market?

The Vietnam Furniture Market size is expected to reach USD 3.81 billion in 2025 and grow at a CAGR of 7.06% to reach USD 5.36 billion by 2030.

What is the current Vietnam Furniture Market size?

In 2025, the Vietnam Furniture Market size is expected to reach USD 3.81 billion.

Who are the key players in Vietnam Furniture Market?

Cam Ha Furniture, Duc Thanh, AA Corporation, Tran Duc Furnishings and Kaiser are the major companies operating in the Vietnam Furniture Market.

What years does this Vietnam Furniture Market cover, and what was the market size in 2024?

In 2024, the Vietnam Furniture Market size was estimated at USD 3.54 billion. The report covers the Vietnam Furniture Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Vietnam Furniture Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Vietnam Furniture Industry Report

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Vietnam Furniture Market Report Snapshots