Vietnam ASEAN Furniture Exports 2026: Market Data
Global South EXPOHUB AI Analytics · 2026-08-27
Vietnam is the world's largest exporter of wooden furniture, backed by ASEAN Free Trade Area, CPTPP, and EVFTA membership that gives its exporters preferential access to major markets. Key figures on Vietnam's furniture industry: USD 17.2 billion in wood and wood-product exports in 2025, up 6% year-on-year United States absorbed 55% of exports, worth USD 9.46 billion Furniture market projected to grow from USD 10.47 billion in 2026 to USD 14.87 billion by 2031 USD 7.97 billion in new FDI for wood processing in first 10 months of 2025 Over 500,000 workers across more than 5,000 manufacturing facilities Southern Vietnam holds 51.76% of the national furniture market Growth concentrates in wooden living-room, bedroom, and outdoor furniture, with foreign investment shifting capacity toward Vietnam from regional competitors. For exporters and investors, the data points to a supply base still absorbing capacity, with room to secure production slots and diversify sourcing.
Context event: VIFA ASEAN 2026