KUALA LUMPUR: Malaysia now ranks among the top 10 largest exporters of furniture in the world.
About 80% of its production is being delivered abroad, said the Malaysia External Trade Development Corporation (Matrade).
It said this achievement had been possible with the industry keeping abreast of technological advances and global changes in consumer tastes and shifting from being original equipment manufacturers (OEM) to original design manufacturing (ODM) or original brand manufacturing (OBM).
“This evolution has seen the industry undergoing a dynamic transformation from traditional cottage operations to an export-oriented industry driven by design, innovation and technology, and adding greater value to its exports.
“The industry’s tremendous growth has been built on a strong manufacturing foundation that evolved from being a provider of raw materials to one with availability of skilled workers, excellent design capabilities and good manufacturing practices.”
In 2020, the industry saw exports valued at RM12.86 billion or a double-digit increase of 15.5% compared with the previous year.
A variety of local plantation wood, including rubberwood, is used in the manufacturing process.
Other options such as plastic, metal, leather, fabric, composites and other imported temperate or tropical timbers are being utilised to create designs that are both functional and appealing.
These items are exported to over 160 countries and comprise mainly bedroom, living room and kitchen furniture made from wood as well as seats and furniture components made from other materials.
Garden or outdoor furniture from tropical hardwoods are also in high demand from European consumers, said Matrade.
Malaysian furniture can currently be found in the US, Japan, Singapore, Australia and the United Kingdom, with great potential for export to the Scandinavian countries, Central Europe, South America, South Korea and South Asia.
“The industry is recognised globally as being among the most innovative and trendy with highly durable products. It has also created a niche in the green furniture segment, thus contributing to sustainability and the conservation of the environment,” Matrade said.
Matrade also said it can assist interested furniture wholesalers and retailers partner with the most suitable Malaysian furniture designers or manufacturers. - FMT
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