Vietnam has emerged as a significant global player in the furniture manufacturing industry. The country’s strategic geographic location, coupled with a relatively skilled workforce and competitive production costs, has positioned it as a preferred destination for furniture production and export. The furniture sector has experienced rapid growth, driven by increasing global demand for high-quality, yet affordable furniture.
Vietnam’s furniture industry has evolved from primarily producing wooden outdoor furniture to a diversified sector encompassing a wide range of products, including upholstered furniture, office furniture, and home décor. The country’s manufacturers have demonstrated a strong ability to adapt to changing consumer preferences and market trends, resulting in innovative designs and high-quality products.
With a focus on export-oriented growth, Vietnam has successfully penetrated key markets worldwide. The industry’s contribution to the national economy has been substantial, generating employment opportunities and foreign exchange earnings. As the global furniture landscape continues to evolve, Vietnam is well-positioned to maintain its position as a leading furniture exporter.
Vietnam’s furniture industry in numbers
Vietnam’s furniture industry has become a significant contributor to the country’s economy, reflected in impressive production and export figures. The sector employs over 500,000 workers across the country, particularly in key manufacturing hubs such as Ho Chi Minh City, Binh Duong, and Dong Nai.
Vietnam’s furniture market
Vietnam’s furniture market is expected to reach a value of US$1.35 billion in 2024, with steady growth projected at a rate of 2.7 percent annually through 2029. Living room furniture is the most significant segment, accounting for US$462.9 million of the market in 2024, according to Statista data.
While the United States dominates the global furniture market with a revenue of $263 billion in 2024, Vietnam’s market is also thriving. With a per capita furniture spending of $13.61, the country’s furniture industry benefits from competitive manufacturing costs and a growing demand for modern, affordable home furnishings.
Vietnam’s furniture exports
Vietnam has established itself as one of the world’s leading furniture manufacturers, gaining a strong reputation for quality, affordability, and reliability. The country has become a major hub for furniture production, supplying products to markets across North America, Europe, and Asia. Vietnamese furniture exports span a broad range of items, from indoor and outdoor furniture to high-quality cabinetry, seating, and tables, catering to both residential and commercial markets.
Vietnam non-wood furniture exports, 2024 vs 2023, US$
| 2024 | 2023 | Change | |
| Total | 3,408,447,902 | 2,552,439,603 | 33.54% |
| Other | 3,277,932,780 | 2,429,187,348 | 34.94% |
| Australia | 40,583,209 | 33,548,432 | 20.97% |
| Denmark | 27,664,207 | 19,497,461 | 41.89% |
| China | 9,861,527 | 12,176,606 | -19.01% |
| Taiwan | 9,133,118 | 21,135,510 | -56.79% |
| Malaysia | 7,431,799 | 6,156,979 | 20.71% |
| Cambodia | 7,107,196 | 6,260,544 | 13.52% |
| New Zealand | 6,224,776 | 5,860,660 | 6.21% |
| Hong Kong | 5,000,247 | 4,828,019 | 3.57% |
| Chile | 3,936,716 | 4,419,238 | -10.92% |
| Finland | 3,558,642 | 3,473,541 | 2.45% |
| Indonesia | 3,443,794 | 2,221,664 | 55.01% |
| Norway | 3,245,765 | 1,506,956 | 115.39% |
| Philippines | 1,900,140 | 844,888 | 124.90% |
| Peru | 911,137 | 593,797 | 53.44% |
| Brazil | 447,441 | 449,991 | -0.57% |
| Myanmar | 65,408 | 277,969 | -76.47% |
Source: Vietnam Exports Tracker
Furniture exports in Vietnam by month
| 2024 | 2025 | ||
| October | January | April | July |
| November | February | May | August |
| December | March | June | September |
Vietnam furniture manufacturer revenue
Domestically, Vietnam’s furniture manufacturers benefit from a low-cost, skilled labour force, which enables competitive pricing while maintaining production quality. This has attracted substantial foreign investment, as global brands seek partnerships with Vietnamese factories to capitalise on both cost efficiency and the country’s increasing production capacity.
Furniture production in Vietnam
Vietnam’s production of beds, cabinets, tables, and chairs increased by 2 percent in December 2024 compared to November 2024, according to Vietnam’s Industrial Production Index.
Year-on-year, the sector grew by 14.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached a remarkable 23.8 percent compared to 2023, highlighting exceptional annual performance in this vital industry.
Major furniture manufacturers in Vietnam
Vietnam’s furniture industry is marked by a multitude of manufacturers, each contributing significantly to the country’s global standing. Below are some prominent examples, providing a deeper look into their operations and focus:
Large-scale manufacturers
AA Corporation
A leading force in Vietnam’s furniture sector, AA Corporation specialises in interior fit-outs and hospitality furniture. Renowned for their high-quality craftsmanship and ability to execute complex projects, AA Corporation caters to both domestic and international clients, particularly in the hospitality industry.
ScanCom
As a prominent player in the Vietnamese furniture industry, ScanCom has established a strong export-oriented business model. The company offers a diverse range of furniture products, including wooden, upholstered, and outdoor furniture. With a focus on design innovation and efficient production, ScanCom has secured a significant market share in key export destinations.
Interwood Vietnam Company Limited
A versatile furniture manufacturer, Interwood Vietnam Company Limited offers a wide array of products to cater to diverse consumer preferences. With a strong emphasis on quality and sustainability, the company has built a solid reputation in the domestic and international markets.
Other notable manufacturers
Phan Le Furniture
A well-established name in the Vietnamese furniture industry, Phan Le Furniture specialises in manufacturing a variety of furniture products. With a focus on both domestic and export markets, the company has gained recognition for its craftsmanship and attention to detail.
Vietnam Rattan Furniture
As the name suggests, this company specialises in producing furniture made from rattan, a natural material renowned for its durability and aesthetic appeal. With a deep understanding of rattan weaving techniques, Joint Stock Company Vietnam Rattan Furniture offers a unique range of products.
Saigon River Factory Vietnam
Providing comprehensive furniture production services, Saigon River Factory Vietnam caters to the needs of both local and international clients. With a focus on customization and flexibility, the company offers a wide range of services, from design to manufacturing and finishing.
Box 1: Importing raw materials for furniture manufacturing in Vietnam
Vietnam is in the midst of a trade boom. Goods are flowing in and out of Vietnam to the tune of billions of dollars every day. In particular, Vietnam is also sucking in raw materials from all over the world and the region to assemble at factories all over Vietnam to then ship off to elsewhere in the world. With this in mind, there are broad opportunities in starting an import business in Vietnam.
That said, importing goods into Vietnam for foreign firms can be tricky. Not only are there a number of technical and legal requirements that need to be met, but a myriad of free trade agreements has made navigating tariffs and trade restrictions complex.
For more information see: How to Start an Import Business in Vietnam
Vietnam’s Furniture Industry by Region
Vietnam’s furniture industry has developed distinct regional characteristics, reflecting local resources, skills, and market orientations.
Northern Vietnam
Hanoi and Surrounding Areas
Known for its rich cultural heritage, this region often focuses on high-end, export-oriented furniture, including interior design projects and bespoke pieces.
Bac Ninh, Hai Duong
These provinces have emerged as manufacturing hubs for medium-sized furniture enterprises, producing a mix of products for both domestic and international markets.
Central Vietnam
Da Nang, Quang Nam, Hue
This region is gaining prominence as a furniture production centre, with a focus on wooden furniture and handicrafts. The coastal location offers advantages in terms of logistics and export.
Binh Dinh
Known for its skilled workforce and abundant timber resources, Binh Dinh has a strong foundation in furniture manufacturing, producing a variety of products for both domestic and export markets.
Southern Vietnam
Ho Chi Minh City and Dong Nai
As Vietnam’s economic powerhouse, this region is home to a large concentration of furniture manufacturers, ranging from small-scale workshops to large-scale factories. The focus is on a wide range of products, including office furniture, home furniture, and outdoor furniture. The main furniture manufacturing locations in southern Vietnam are:
Binh Duong, Ba Ria-Vung Tau
These provinces have developed into important furniture manufacturing centers, benefiting from proximity to Ho Chi Minh City and access to key transportation infrastructure.
It’s important to note that while these regions have distinct characteristics, the furniture industry in Vietnam is increasingly interconnected, with many manufacturers operating across multiple locations to leverage the strengths of different regions.
Box 2: Starting a furniture export business in Vietnam
Foreign firms manufacturing in Vietnam count themselves as part of one of the fastest growing manufacturing industries in the world.
In this light, there is a huge opportunity in buying and exporting Vietnam-made products around the world. This can be very profitable but there are a few nuances to the process that foreign firms looking to open a factory in Vietnam should be mindful of.
Vietnam furniture manufacturing: key products
Vietnam’s furniture manufacturing sector is a major global supplier, known for its diversity, craftsmanship, and adaptability to international market trends. The industry covers a wide range of products aimed at both residential and commercial markets, serving buyers across North America, Europe, and Asia.
Indoor wooden furniture
Includes beds, wardrobes, dining tables, chairs, coffee tables, and cabinets made from acacia, rubberwood, oak, and other hardwoods. These products are Vietnam’s top furniture exports, valued for their durability and craftsmanship.
Outdoor furniture
Patio sets, garden chairs, benches, and sun loungers produced using teak, eucalyptus, synthetic rattan, and aluminium. Vietnam is a major supplier to the global outdoor furniture market, known for weather-resistant designs.
Upholstered furniture
Sofas, lounge chairs, ottomans, and armchairs featuring fabric or leather covers. Vietnamese manufacturers produce a wide range of upholstered items for both luxury and mass-market buyers.
Office furniture
Desks, office chairs, workstations, conference tables, and filing cabinets designed for commercial and home office use. Vietnam’s competitive pricing and growing design capabilities have boosted exports in this segment.
Kitchen and bathroom furniture
Cabinetry, vanities, and storage units crafted from engineered wood or hardwoods, often customised to meet international specifications and modern design trends.
Rattan and bamboo furniture
Chairs, tables, and decorative pieces made from natural rattan and bamboo, offering eco-friendly and artisanal alternatives popular in boutique and lifestyle markets.
What’s next?
Vietnam’s furniture industry has experienced remarkable growth, positioning the country as a significant global player. Leveraging its skilled workforce, abundant natural resources, and strategic geographic location, the industry has successfully captured substantial market shares worldwide.
While challenges such as global economic fluctuations and raw material costs persist, Vietnam’s furniture sector remains resilient and continues to demonstrate strong potential for future expansion. With a focus on innovation, sustainability, and market diversification, the industry is poised to further solidify its position as a global furniture manufacturing hub.
With this in mind, to keep abreast of what’s happening in Vietnam’s furniture industry, foreign furniture industry professionals should make sure to subscribe to the-shiv.
First published August 14, 2024. Last updated April 21, 2025.