Date/Time
Date(s) - 01/03/2025 - 04/03/2025
9:00 am - 6:00 pm
Location
Mitec & WTCKL Kuala Lumpur
Malaysia’s furniture industry has secured its place among the top 10 largest furniture exporters in the world, with approximately 80% of its production destined for international markets. The country has positioned itself strongly in the global furniture landscape, particularly in markets like the United States, Japan, and Australia. Recent export trends reveal significant growth in countries like the United Kingdom, United Arab Emirates, Saudi Arabia, the Philippines, and Russia. Malaysia’s expanding reach even extends to emerging markets such as Algeria, Greece, Puerto Rico, and Libya.
The success of Malaysia’s wood furniture industry is a remarkable tale, closely tied to the resurgence of rubberwood. Once heralded as the world’s leading source of natural rubber, the rubber tree lost its prominence in Malaysia’s economy. However, the transformation of rubberwood into a prominent source of timber, driven by the Forest Research Institute of Malaysia (FRIM) in 1978, breathed new life into the industry. This shift catapulted Malaysia into a leading position as a wood furniture producer and exporter, serving over 160 countries worldwide.
The Malaysian government, guided by the National Timber Industry Policy, envisions the furniture industry contributing RM12 billion in exports by 2020. It actively supports the sector’s growth through various initiatives. Recent years have seen the industry transition from generic products to design-driven offerings, propelling Malaysia onto the international stage. With a focus on aesthetics and quality, Malaysia remains a sought-after destination for overseas buyers, particularly those in the middle to high-end category. The government also fosters a business-friendly environment through incentives like Pioneer Status for tax exemption and Investment Tax Allowance, further facilitating the industry’s growth. With its competitive edge, high-quality products, and a promising market, Malaysia’s furniture industry continues on a trajectory of remarkable global expansion.
Bookings
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