Trading And Manufacturing Of Furniture Companies in Malaysia

Malaysia is a country that is rich in natural resources, which has helped to spur the growth of the furniture industry in the country. Malaysia is home to a variety of hardwoods that are used in the manufacture of furniture, including mahogany, teak, and rubberwood. In addition, Malaysia has a large workforce that is skilled in the production of furniture.

The furniture industry in Malaysia is divided into two main sectors: the trading sector and the manufacturing sector. The trading sector is responsible for the import and export of furniture, while the manufacturing sector produces furniture for the domestic market.

The furniture industry in Malaysia has been growing steadily in recent years. In 2015, the furniture industry was worth an estimated RM 8 billion (US$ 2.3 billion). The industry is expected to grow at a compound annual growth rate (CAGR) of 6% between 2016 and 2020, to reach a value of RM 10.6 billion (US$ 3.1 billion) by 2020.

The furniture industry in Malaysia is highly competitive, with a large number of companies operating in the market. Some of the leading furniture companies in Malaysia include IKEA, Courts, and Harvey Norman. These companies have a significant presence in the Malaysian furniture