Product Code: ETC304170 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Rta Furniture Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 14.91% in 2028, following an initial rate of 12.80%, before easing to 13.88% at the end of the period.
Vietnam's Rta Furniture market is anticipated to experience a high growth rate of 14.68% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Vietnam RTA (Ready-to-Assemble) furniture market has witnessed a surge in demand as consumers look for affordable and convenient furniture solutions. RTA furniture is popular among urban dwellers and those looking for cost-effective furnishing options. This market has seen a proliferation of both domestic and international brands offering a wide range of RTA furniture products. The convenience of self-assembly, coupled with the affordability factor, has contributed to the sustained growth of this market.
The Vietnam RTA (Ready-to-Assemble) furniture market is experiencing growth due to changing consumer preferences and urbanization trends. RTA furniture offers affordability, convenience, and a wide range of design options, making it a popular choice among consumers. With more people moving to urban areas and seeking space-saving furniture solutions, the market for RTA furniture is expanding.
In the Vietnam RTA (Ready-to-Assemble) furniture market, challenges include quality control and supply chain management. Ensuring the quality and durability of RTA furniture products is essential for customer satisfaction and repeat business. Managing the supply chain effectively, especially when sourcing materials from various suppliers, can be complex and prone to delays or disruptions.
The COVID-19 pandemic significantly affected the Vietnam RTA (Ready-to-Assemble) furniture market. With lockdowns and restrictions on physical retail spaces, furniture manufacturers and retailers had to shift their focus to online sales channels. The market experienced fluctuations in demand, and many companies had to rethink their business models to adapt to changing consumer preferences. While the RTA furniture market faced challenges during the pandemic, it also presented opportunities for innovation and digital transformation.
In the Vietnam RTA furniture market, major players like IKEA, Ashley Furniture Industries, and Sauder Woodworking Co. have a significant presence. They offer ready-to-assemble furniture options, meeting the demands of consumers looking for stylish and affordable home furnishings.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Rta Furniture Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Rta Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Rta Furniture Market - Industry Life Cycle |
3.4 Vietnam Rta Furniture Market - Porter's Five Forces |
3.5 Vietnam Rta Furniture Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Vietnam Rta Furniture Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Vietnam Rta Furniture Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Vietnam Rta Furniture Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Vietnam Rta Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing urbanization in Vietnam leading to increased demand for ready-to-assemble (RTA) furniture. |
4.2.2 Rising disposable income levels among the middle-class population driving the purchasing power for RTA furniture. |
4.2.3 Preference for affordable and convenient furniture solutions among consumers in Vietnam. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of RTA furniture manufacturers. |
4.3.2 Intense competition from local and international furniture brands in the Vietnamese market. |
5 Vietnam Rta Furniture Market Trends |
6 Vietnam Rta Furniture Market, By Types |
6.1 Vietnam Rta Furniture Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Rta Furniture Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Vietnam Rta Furniture Market Revenues & Volume, By Tables, 2021-2031F |
6.1.4 Vietnam Rta Furniture Market Revenues & Volume, By Chairs and Sofas, 2021-2031F |
6.1.5 Vietnam Rta Furniture Market Revenues & Volume, By Storage, 2021-2031F |
6.1.6 Vietnam Rta Furniture Market Revenues & Volume, By Beds, 2021-2031F |
6.1.7 Vietnam Rta Furniture Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Rta Furniture Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Rta Furniture Market Revenues & Volume, By Wood, 2021-2031F |
6.2.3 Vietnam Rta Furniture Market Revenues & Volume, By Glass, 2021-2031F |
6.2.4 Vietnam Rta Furniture Market Revenues & Volume, By Steel, 2021-2031F |
6.2.5 Vietnam Rta Furniture Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Rta Furniture Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Rta Furniture Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.3 Vietnam Rta Furniture Market Revenues & Volume, By Flagship Stores, 2021-2031F |
6.3.4 Vietnam Rta Furniture Market Revenues & Volume, By Home Centers, 2021-2031F |
6.3.5 Vietnam Rta Furniture Market Revenues & Volume, By Online Stores, 2021-2031F |
6.3.6 Vietnam Rta Furniture Market Revenues & Volume, By Others, 2021-2031F |
6.4 Vietnam Rta Furniture Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Rta Furniture Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Vietnam Rta Furniture Market Revenues & Volume, By Commercial, 2021-2031F |
7 Vietnam Rta Furniture Market Import-Export Trade Statistics |
7.1 Vietnam Rta Furniture Market Export to Major Countries |
7.2 Vietnam Rta Furniture Market Imports from Major Countries |
8 Vietnam Rta Furniture Market Key Performance Indicators |
8.1 Average order value (AOV) for RTA furniture products. |
8.2 Customer retention rate for RTA furniture brands. |
8.3 Percentage of online sales in the total sales of RTA furniture products. |
8.4 Number of new product launches in the RTA furniture segment. |
8.5 Rate of return on investment (ROI) for marketing campaigns promoting RTA furniture. |
9 Vietnam Rta Furniture Market - Opportunity Assessment |
9.1 Vietnam Rta Furniture Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Vietnam Rta Furniture Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Vietnam Rta Furniture Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Vietnam Rta Furniture Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Vietnam Rta Furniture Market - Competitive Landscape |
10.1 Vietnam Rta Furniture Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Rta Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |