The opportunities for furniture companies with manufacturing facilities in the United States are immense, but they must make greater investments to rebuild their domestic presence.
According to Mr. Nguyen Huu Thong, the key of the industry lies in uniting sustainability, quality, and competitiveness—enabling businesses to establish direct export channels and
According to Statista, the global furniture market is expected to generate $1.354 billion in revenue by 2024, with an anticipated annual growth rate of 2.70%.
The emergence of manufacturing facilities in the U.S. is poised to reshape the supply chain of the world’s largest furniture market. SBA Home, a leading
In the past, U.S. companies often outsourced manufacturing to countries like India, China, and Vietnam. However, this trend has recently reversed, with reshoring replacing offshore
The U.S. market is expected to remain a particularly important destination for Vietnam’s wood export industry. Amidst the unpredictable fluctuations of the global market, adopting
Important news of the industry
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Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) was established in 1991. HAWA recently has more than 500 company members.
