The Chinese love to buy Thai furniture, and may buy more in the future!

Thai Furniture Industry Association calls on the Thai government to support the industry extensively and help the furniture industry sustain its long-term development. The president of the association said that the association hoped that Thai furniture manufacturers could produce more finished furniture products to increase the value of the industry, rather than selling furniture accessories or supplying only raw materials to consumers.

He said the government should encourage Thai manufacturers to use agricultural products as raw materials to produce furniture. The government should also develop the furniture industry as an important part of the national economy, just as it used to develop the auto parts industry.

At present, the sales of raw materials for furniture manufacturing in Thailand are twice that of finished furniture products. "If we can produce more finished furniture products, the export volume of the furniture industry will be higher," he said.

He said Thailand's industrial and commercial, financial and agricultural sectors should support furniture manufacturers in the selection of raw materials, marketing and finance, and the government should provide low-interest loans to furniture manufacturers because they need to invest in technology and new machinery to increase production.

The demand for Thai furniture is constantly increasing. In the first 10 months of this year, Thai furniture exports increased by 13.8%, reaching 103 billion baht (about RMB 199.184 billion), more than 5% of the expected value. The export value of wood and wood products is 71.2 billion baht, and that of furniture and accessories is 31.8 billion baht. The growth is mainly driven by the demand of new furniture markets such as China, India, Australia and ASEAN.

He believed that after the trade agreement between Thailand and India was finalized, the furniture market for Thailand's exports to India would increase.

The United States and Japan are big buyers of Thai furniture. Chinese consumers will buy more Thai furniture in the future. He said that ASEAN accounted for 20% of Thailand's furniture exports, and Vietnam, Malaysia and Indonesia have great potential. "This year, furniture exports to Vietnam increased by 50% to 1.5 billion baht, making Vietnam the sixth largest market for Thai furniture exports," he said.

Thailand's furniture export industry is expected to grow 14% to 124 billion baht this year, as ASEAN buyers switch to Thai manufacturers for furniture due to higher labor costs in China.

"Thai furniture can be more attractive than Chinese products, but Thai manufacturers need to adopt a more active marketing strategy," he said. For the first time, we have adopted an active marketing strategy in China. With the increasing popularity of Thai furniture among Chinese consumers.

It also promotes Thai furniture manufacturers to participate in more ASEAN market fairs and docking meetings.

The total Thai furniture market is expected to reach 200 billion baht this year and 10% growth in 2017, reaching 220 billion baht.