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The Japanese Furniture Industry
Japanese furniture consumers today pay more attention to the
price of the furniture. This factor has changed the Japanese
furniture market and greatly influenced the geographic composition
of furniture imports. Today, about 70% of Japanese furniture
imports are provided by Asian countries.
The emergence of furniture wholesalers, furniture retail chains,
large-scale furniture stores, and furniture manufacturers also
create great impact on the Japanese furniture industry. The office
furniture sector is dominated by a small number of major manufacturers
such as Okamura, Itoki and Kokuyo, who are all based in Tokyo
and Osaka.
Furniture imports into Japan are now favored because of the
following reasons:
- Increase in Japanese consumer and industry interested in
legged furniture. These types of furniture include dining-room
tables, chairs, sofas, beds, and dining-room cupboards. Since
the domestic manufacturers are now more focused on production
of storage furniture, more overseas manufacturers are now producing
the legged furniture.
- Increased in price competitiveness.
- Increase in the number of Japanese furniture manufacturers
who are forming strategic alliances with overseas counterparts
to supplement existing production.
- An increasing number of Japanese furniture manufacturers
purchasing Original Equipment Manufacturers (OEM) make furniture
from overseas companies to remain cost competitive.
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