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Vietnam Office Furniture Market Report and Forecast 2025-2034

Published May 30, 2025
Length 125 Pages
SKU # EMAR20079693

Description

The Vietnam office furniture market was valued at USD 2.70 Billion in 2024. The industry is expected to grow at a CAGR of 7.90% during the forecast period of 2025-2034 to attain a valuation of USD 5.78 Billion by 2034.

Vietnam Office Furniture Market Growth

The Vietnam office furniture market is being driven by an increase in workforce and the rising focus on optimising office space in the country. In 2023, the labour force participation of men in Vietnam reached 75.2%, an increase of 0.3% from 2022. Among women, the participation in the labour force reached 62.9%, stating an increase of 0.4% from 2022. Office furniture is adopted in commercial and corporate spaces including meeting rooms, individual workstations, cafeterias, and lounges. Furthermore, the rising adoption of convenient and comfortable office furniture across the country is contributing to the country’s office furniture market growth.

Vietnam has the presence of a significant sourcing market of wooden products and furniture and is among the largest exporters globally. With an increasing inclination towards sustainably made and environmentally friendly products, wood office furniture is gaining traction. In 2023, wood furniture exports reached a value of about USD 8.4 billion.

Ho Chi Minh City is the central hub for economic activity in Vietnam, from which 20.2% of the national GDP and 27.9% of the country's industrial output come. Ho Chi Minh City is experiencing a greater demand for larger office spaces, further contributing to a demand for office furniture. It is estimated that 100,000 sqm of new Grade A office space is about to come online during the 2024–2027 period.

Vietnam Office Furniture Industry Segmentation

Vietnam Office Furniture Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Products

Seating
Modular System
Desks and Tables
Others

Market Breakup by Material

Wood
Metal
Plastics
Others

Market Breakup by Sales Channel

Online
Offline

Market Breakup by Region

Southeast
Red River Delta
Mekong River Delta
South Central Coast
Others

Vietnam Office Furniture Market Share

Based on sales channel, the market is divided into online and offline. Online channels are gaining traction supported by the added convenience offered, a significant number of furniture options and price points available for the purchase of furniture and other goods. The increasing internet and mobile penetration have further added to the rising popularity of online shopping in the country.

Leading Companies in the Vietnam Office Furniture Market

The market participants offer smart furniture at different price points and styles to enhance the comfort and productivity of employees, meeting the requirements of different office spaces.
Furaka JSC
AA Corporation
The One Furniture
Ashley Furniture Industries, LLC
AN CUONG Wood Working Materials
Rong Phuong Bac Trading Co., Ltd
Xuan Hoa Company
Bristol Technologies Sdn Bhd
Vixfurniture Company Co. Ltd
Zhejiang Sunon Furniture Manufacture Co., Ltd.
Others

Table of Contents

125 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Office Furniture Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Office Furniture Historical Market (2018-2024)
5.3 Asia Pacific Office Furniture Market Forecast (2025-2034)
6 Vietnam Office Furniture Market Analysis
6.1 Key Industry Highlights
6.2 Vietnam Office Furniture Historical Market (2018-2024)
6.3 Vietnam Office Furniture Market Forecast (2025-2034)
7 Vietnam Office Furniture Market by Products
7.1 Seating
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Modular System
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Desks and Tables
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Others
8 Vietnam Office Furniture Market by Material
8.1 Wood
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Metal
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Plastics
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Others
9 Vietnam Office Furniture Market by Sales Channel
9.1 Online
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Offline
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Vietnam Office Furniture Market by Region
10.1 Southeast
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Red River Delta
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Mekong River Delta
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Central Coast
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Powers
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code – 94310, 940330)
13.1 Major Exporting Countries
13.1.1 By Value
13.1.2 By Volume
13.2 Major Importing Countries
13.2.1 By Value
13.2.2 By Volume
14 Competitive Landscape
14.1 Supplier Selection
14.2 Key Global Players
14.3 Key Regional Players
14.4 Key Player Strategies
14.5 Company Profiles
14.5.1 Furaka JSC
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.2 AA Corporation
14.5.2.1 Company Overview
14.5.2.2 Product Portfolio
14.5.2.3 Demographic Reach and Achievements
14.5.2.4 Certifications
14.5.3 The One Furniture
14.5.3.1 Company Overview
14.5.3.2 Product Portfolio
14.5.3.3 Demographic Reach and Achievements
14.5.3.4 Certifications
14.5.4 Ashley Furniture Industries, LLC
14.5.4.1 Company Overview
14.5.4.2 Product Portfolio
14.5.4.3 Demographic Reach and Achievements
14.5.4.4 Certifications
14.5.5 AN CUONG Wood Working Materials
14.5.5.1 Company Overview
14.5.5.2 Product Portfolio
14.5.5.3 Demographic Reach and Achievements
14.5.5.4 Certifications
14.5.6 Rong Phuong Bac Trading Co., Ltd.
14.5.6.1 Company Overview
14.5.6.2 Product Portfolio
14.5.6.3 Demographic Reach and Achievements
14.5.6.4 Certifications
14.5.7 Xuan Hoa Company
14.5.7.1 Company Overview
14.5.7.2 Product Portfolio
14.5.7.3 Demographic Reach and Achievements
14.5.7.4 Certifications
14.5.8 Bristol Technologies Sdn Bhd
14.5.8.1 Company Overview
14.5.8.2 Product Portfolio
14.5.8.3 Demographic Reach and Achievements
14.5.8.4 Certifications
14.5.9 Vixfurniture Company Co. Ltd.
14.5.9.1 Company Overview
14.5.9.2 Product Portfolio
14.5.9.3 Demographic Reach and Achievements
14.5.9.4 Certifications
14.5.10 Zhejiang Sunon Furniture Manufacture Co., Ltd.
14.5.10.1 Company Overview
14.5.10.2 Product Portfolio
14.5.10.3 Demographic Reach and Achievements
14.5.10.4 Certifications
14.5.11 Others
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