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Furniture and Fixtures - Global Strategic Business Report

Description:    This report analyzes the worldwide markets for Furniture and Fixtures in Millions of US$. The major
                product segments analyzed are Household Furniture (Living Room Furniture, Bedroom Furniture,
                Kitchen Furniture, Dining Room Furniture, Bathroom Furniture, and Garden Furniture), and Office &
                Institutional Furniture. The report provides separate comprehensive analytics for the US, Canada,
                Japan, Europe, Asia-Pacific, Middle East, and Latin America. Annual forecasts are provided for each
                region for the period of 2001 through 2015. A ten-year historic analysis is also provided for these
                markets with annual market analytics.

                The report profiles 1891 companies including many key and niche players worldwide such as Ashley
                Furniture Industries, Inc., Bassett Furniture Industries, Inc., Brown Jordan International, Bush
                Industries, Inc., Canadel Furniture, Inc., Conforama, DFS Furniture Company Plc, Dorel Industries,
                Inc., VitrA, Vitra, Commercial Furniture Group (CF Group), Furniture Brands International, Inc.,
                Godrej & Boyce Manufacturing. Co. Ltd., Haworth, Inc., Herman Miller, Inc., HeveaPac Sdn. Bhd.,
                Klaussner Furniture Industries, Inc., Knoll, Inc., Kohler Co., McGuire Furniture Company, Baker
                Furniture, La-Z-Boy, Inc., Lea Industries, Leggett & Platt, Inc., Licentia Group A/S, Lexington Home
                Brands, Masco Corporation, Moores Furniture Group, Natuzzi Group SpA, Nobia Group, Palliser
                Furniture Ltd., Pulaski Furniture Corp., Slims Furniture, Samas NV , Sauder Woodworking Co.,
                Snaidero SpA, Stanley Furniture Company, Inc., Steelcase, Inc., Steinhoff Group., and Teknion
                Corp. Market data and analytics are derived from primary and secondary research. Company
                profiles are mostly extracted from URL research and reported select online sources.




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Contents:       FURNITURE AND FIXTURES
                 A GLOBAL STRATEGIC BUSINESS REPORT


                                                   CONTENTS


                  I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

                     Study Reliability and Reporting Limitations                I-1
                     Disclaimers                                     I-2
                     Data Interpretation & Reporting Level                     I-2
                      CAGR Disparities Between Historic & Current Data              I-2
                      Quantitative Techniques & Analytics                      I-3
                     Product Definitions and Scope of Study                     I-3
                      Household Furniture                                I-4
                       Living Room Furniture                              I-4
                       Bedroom Furniture                                 I-4
                       Kitchen Furniture                               I-4
                       Dining Room Furniture                               I-4
                       Bathroom Furniture                                I-4
                       Garden Furniture                                 I-4
                      Office & Institutional Furniture                     I-4
II. Executive Summary

1. Global Market Overview                                   II-1
   Outlook                                           II-1
   Production Scenario                                   II-1
   Trade Environment                                      II-1

2. Market Trends & Issues                                  II-2
   The Latest Fads                                     II-2
   Alternatives on the Rise                              II-2
   Growing Significance of e-Commerce                           II-2
   Recycled Office Furniture: A New Lease of Life to Worn Out
    Furniture                                       II-3
   Furniture Renting: The Smarter Way Out                        II-3
    Advantages of Renting Furniture                          II-3
   Increasing Demand for Kids Furniture Range                     II-4

3. A Study of the Market Segments                                II-5
   Household Furniture Market                                 II-5
    Living Room Furniture                                  II-5
    Bedroom Furniture                                     II-5
    Kitchen Furniture                                   II-5
    Dining Room Furniture                                   II-6
    Bathroom Furniture                                    II-6
    Garden Furniture                                     II-6
    Summer and Casual Furniture                                 II-6
    Children’s Furniture                                II-7
   Office Furniture Market                                II-7
   Ready-to-Assemble (RTA) Market                                 II-7
    RTA Segments                                         II-8
    Advantages                                         II-8
    Manufacturing Steps                                    II-8
    Distribution Channels                                 II-9
    Not Just a Bargain Sector                               II-9

4. Raw Materials                                       II-10
   Wood                                            II-10
    Types of Woods Used in Furniture Manufacture and their
     Features                                      II-10
   Plastic                                       II-11
   Metal                                          II-11
   Furniture Styles                                  II-11
    Furniture Styles and Key Characteristics                   II-11
   Key Statistics -A Historical Perspective                  II-14
    Table 1: Global Furniture Market (1999 & 2000): Production
    in US$ Million by Select Country – Germany, China, Canada,
    Spain, France, Korea, The Netherlands, Denmark, Australia,
    Japan, Poland, and Taiwan (includes corresponding
    Graph/Chart)                                      II-14

   Table 2: Global Furniture Market (1999 & 2000): Imports (in
   US$ Million) by Select Country – Germany, Canada, Japan, UK,
   France, The Netherlands, Denmark, Poland, Korea, Taiwan,
   China, and Malaysia (includes corresponding Graph/Chart)     II-14

   Table 3: Global Furniture Market (1999 & 2000): Exports (in
   US$ Million) by Select Country – Canada, Germany, China,
   Denmark, Poland, Spain, Malaysia, France, Taiwan, UK, The
   Netherlands, Japan, and Korea (includes corresponding
   Graph/Chart)                                     II-15
5. Product Introductions/Innovations                            II-16
   ExemplisÔ Launches IDEONÔ Branded Upscale Lounge Seating +
    Tables                                            II-16
   Roca Introduces New Range Of Sanitaryware And Furniture                    II-16
   Variér Launches New Kitchen Chair                            II-16
   Wickes Furniture Unveils Cindy Crawford Home Collections                 II-16
   Magniflex Introduces Luxurious Bed                           II-16
   Baker Launch New Additions to the Pheasant Collection                  II-17
   McGuire Furniture to Introduce Designer Kitchen Range                   II-17
   Haworth Rolls Out Candor Wood Guest Seating                          II-18
   Mcguire Launches The Walnut Bedroom Collection                        II-18
   McGuire Introduces The BassamFellows Collection                      II-18
   McGuire Unveils 12 Innovative Furniture Designs                    II-18
   McGuire Launches Fully Upholstered Furniture Collection                II-18
   Copenhagen Upholstered Lounge Chair                              II-19
   Copenhagen Water Hyacinth Lounge Chair                             II-19
   Baker Launches Lexicon Collection                           II-19
   Urbanscape Brand Introduces Commercial Outdoor Furniture                    II-20
   McGuire Launches Thomas Pheasant Outdoor Collection                       II-20
   McGuire Introduces New Items to Classic Collections                  II-20
   Knoll Launches The Graham Collection for Private Office               II-20
   Haworth Launches Guest Chair                                II-21
   Steelcase Launches Amia™                                   II-21
   Bush Industries Launches Office Furniture For Small Businesses II-21
   Luxe Interior Launches Luxe Life Furniture Package                  II-21
   DFW Furniture Launches Contemporary Furniture                         II-22
   Old Hickory Furniture to Launch Cody Club Chair                    II-22
   Tacchini Launches New Furniture Collection                      II-22
   UK Firm Launches Unique Glass Office Furniture                     II-22
   RIO Brands Showcase Patio Furniture at National Hardware Show II-23
   Low Country Chair Launches a Rocker                            II-23
   Wharfside Rolls Out Team7 Bedroom Furniture                         II-23
   Ikian Furnitures Introduces ‘Friuli’, Italian Premium
    Furniture Brand in India                               II-23
   Kokuyo Furniture Introduces New Nursing Cart                       II-23
   Wildwood Launches New Jonathon Charles Furniture Line                     II-23
   Godrej Boyce and Manufacturing to Launch New Office Furniture
    Brand                                             II-23
   Pulaski Furniture to Roll Out New Collection                  II-24
   Hugo Boss Plans to Introduce New Furniture & Fixture Concept               II-24

6. Recent Industry Activity                              II-25
   Russ Berrie to Take Over LaJobi and CoCaLo                      II-25
   NRDC Buys Fortunoff                                   II-25
   Herman Miller Acquires Brandrud Furniture                      II-25
   FVI to Merge Aspen and Aspenhome Product Lines                       II-25
   Steelcase Acquires Ultra Group Company                         II-26
   Astralis Acquires Florida Desk                         II-26
   Mayline Acquires AVA Furniture Group                         II-26
   Berkshire Hathaway Pockets Roomservice Group Ltd.                     II-27
   Ludvik Capital to Acquire Beckermann Kitchens                    II-27
   Hilding Anders Acquires Bedding Srl                        II-27
   Brownstreet Furniture Acquires Vermont Tubbs                      II-27
   Buhler Furniture Inaugurates New Showroom at WMC                        II-27
   SCM Acquires Trademarks and Brands of Canwood Furniture                   II-28
   Mealey’s to Inaugurate New Store in Warminster                    II-28
   Bernie & Phyl’s Furniture Sets Up New Store in Hyannis              II-28
   La-Z-Boy Partners with Brown Jordan to Introduce New Product
    Line                                           II-28
   Coach to Take Over Retail Businesses from ImagineX Group                 II-29
   Kohler Takes Over Mark David                              II-29
   Fantastic Acquires Retail Chain of Dare Gallery               II-29
   O.M.T.-Veyhl Announces Expansion Strategy                        II-30
Svenheim to Invest €5.8 Million for Furniture Plant Expansion II-30
Inax Establishes Malaysian Subsidiary to Sell Housing Fixtures II-30
Villeroy & Boch Acquires Sanipa                             II-30
Rockworth Plans to Build Second Plant                            II-30
Izzydesign and JSJ Signs LOI to Acquire Jami                         II-31
DSP Resources to Collaborate with Fabryki                           II-31
Trendex to Establish a New Plant in Bangladesh                         II-31
Shirdi Plans New Plant in Chennai                            II-31
Office Depot Inaugurates New Furniture Leasing Service                     II-31
Royal Ahrend Acquires Techo                                 II-32
Okamura to Add New Plant to Expand Office Furniture Capacity                    II-32
Lippert Components to Acquire Seattech                             II-32
Kesa Electricals Divests its Electricals and Furniture Business II-32
Furniture Brands Divest its HBF Unit                          II-33
Future Group to Acquire Major Stake in Godrej Aadhaar                       II-33
BCI to Acquire Institut fur Bibliotheks-Design                    II-33
V3 Engineers to Penetrate a Complementary Segment                             II-33
Tata Group to Set Up a Joint Venture with Steinhoff                     II-33
Haworth to Launch Haworth Pune Creativity Centre                          II-33
20-20 Technologies Acquires the Icovia Business of Hookumu                     II-34
Yip In Tsoi Forms Joint Venture with Arkitektura                     II-34
Haworth Opens New Showroom in Toronto                                    II-34
Martela to Establish New Company in Russia                            II-34
Martela Inks Distribution Agreement with Actus                        II-34
Jacques Garcia Partners with McGuire                            II-35
Bassett Forms Partnership with Babylicious                         II-35
La-Z-Boy Restructures the Organization                            II-35
La-Z-Boy Divests Sam Moore                                    II-36
La-Z-Boy Divests Clayton Marcus                                II-36
La-Z-Boy Forms Partnership with BJI to Launch Outdoor Furniture II-36
Culinoma, Nobia and DMG Acquires Asmo Group                                II-36
CODI to Acquire American Furniture                              II-37
Lesnina and Traduga Forge a Joint Venture                            II-37
Narbutas to Establish New Production Facility for Office
 Furniture                                          II-37
Audax Group Acquires Affordable Interior Systems                         II-37
TT International to Foray into Furniture Market                     II-37
Baker Opens New Retail Store                                 II-38
Gorman Announces Closure of Store                                 II-38
Hooker Signs LOI to Acquire Opus Assets                             II-38
Samson Acquires Minority Stake in Furniture Brands                        II-38
Pulaski Furniture to Close Curio Cabinet Plant                    II-38
OFS to Acquire Caroline Business Furniture                         II-38
Corporate Express Completes Acquisition of Contracta Office
 Furnishings                                         II-38
Alps Industries to Acquire Columbine Cody                           II-39
Sorenson Capital and Peterson Partners Acquires MITY Enterprises II-39
OfficeSource Completes Acquisition of NDI Wholesale                       II-39
Schieder Divests Italian LC Mobili                         II-39
Benix to Take Over Bombay Furniture                               II-39
Berggruen Holdings to Take Over BFM ETAP                                II-39
Knoll Acquires Teddy & Arthur Edelman                              II-39
Industrial Holdings Acquires Roland Industries                      II-40
Loth Acquires T.W. Ruff                                  II-40
Trivest Partners Acquires Controlling Interest in Twin-Star
 International                                       II-40
Genesis Development Acquires Office Evolutions                          II-40
Itoki Corp to Invest in New Furniture Plant                     II-40
Sun Capital Acquires Rowe Furniture                             II-40
Sklar Peppler Acquires Alan White                            II-40
Park Place Acquires United Sleep Products                          II-40
Duralee Takes Over Cavalier Furniture                           II-41
Hooker Purchases Opus Designs                                  II-41
  Fixtur-World Acquires Livingston                          II-41
  Bailey Street Takes-over Mirador                           II-41
  FL Partners Pockets Kayfoam Woolfson                           II-41
  Canwood Furniture Enters into an Alliance with Dakota Trading II-41
  Furniture Brands to Close Eight Company-Owned Furniture Stores II-42
  Pfingsten Partners Takes Over Tropitone Furniture                 II-42
  Sauder Acquires Major Assets of O’Sullivan                     II-42
  Video Furniture to Acquire Abiam Products                      II-43
  Duralee Fine Furniture Takes Over Owners Select                    II-43
  Panolam to Acquire Nevamar                                 II-43
  Wallenium and Puustelli Plan to Acquire Thulema                   II-43
  Levitz Home Furnishings to Divest its Business                  II-44
  Mehitabel to Renovate Furniture Production Plant                 II-44
  OfficeSource Starts Business Operations                       II-44
  OfficeSource Acquires Two Furniture Companies                      II-44
  Corporate Interiors Merge with The Invironmentalists                II-44
  China Direct Trading Corporation Terminates Agreement with
   Beijing Hua Wei Furniture Manufacture                        II-44
  Longfa Group Inaugurates Retail Furniture Store in the US             II-45
  Godrej Furniture Plans to Add More Knowledge Centers                   II-45
  Kika Proposes to Build Two Departmental Stores in Prague                II-45
  Keller to Divest Furniture Business                       II-45
  Godrej Intends to Enter Chinese Furniture Market                  II-45
  Fletcher Challenge Forests Buys Stake in Zenia House                 II-45
  Fixtures Furniture Forges Alliance with Cardinal Health           II-46
  Wrangler Forays into Furniture                           II-46
  Zocalo Establishes Zocalo Kids                           II-46
  Greenply Industries Proposes to Enter Indian Furniture Market II-46
  Blowplast Plans Expansion                               II-46
  King Fo Enters Thailand Market                            II-46
  Euro Holdings Plans to Increase Output                        II-46

7. Focus on Select Global Players                               II-47
   Ashley Furniture Industries, Inc. (USA)                        II-47
   Bassett Furniture Industries, Inc. (USA)                       II-47
   Brown Jordan International (USA)                               II-47
   Bush Industries, Inc. (USA)                               II-47
   Canadel Furniture, Inc. (Canada)                              II-48
   Conforama (France)                                      II-48
   DFS Furniture Company Plc (UK)                                 II-48
   Dorel Industries, Inc. (Canada)                             II-48
   VitrA (Turkey)                                     II-49
   Vitra (Switzerland)                                  II-49
   Commercial Furniture Group (CF Group)                              II-49
   Furniture Brands International, Inc. (USA)                       II-50
   Godrej & Boyce Manufacturing. Co. Ltd. (India)                      II-50
   Haworth, Inc. (USA)                                    II-50
   Herman Miller, Inc. (USA)                                 II-50
   HeveaPac Sdn. Bhd. (Malaysia)                                 II-51
   Klaussner Furniture Industries, Inc. (USA)                       II-51
   Knoll, Inc. (USA)                                   II-51
   Kohler Co. (USA)                                     II-52
    McGuire Furniture Company (USA)                                 II-52
    Baker Furniture (USA)                                  II-52
   La-Z-Boy, Inc. (USA)                                   II-52
    Lea Industries (USA)                                  II-53
   Leggett & Platt, Inc. (USA)                              II-53
   Licentia Group A/S (Denmark)                                  II-53
   Lexington Home Brands (USA)                                    II-53
   Masco Corporation. (USA)                                   II-54
    Moores Furniture Group (UK)                                 II-54
   Natuzzi Group SpA (Italy)                                 II-54
   Nobia Group (Sweden)                                       II-54
  Palliser Furniture Ltd. (Canada)                         II-55
  Pulaski Furniture Corp. (USA)                            II-55
  Slims Furniture (Turkey)                               II-55
  Samas NV (The Netherlands)                                 II-55
  Sauder Woodworking Co. (USA)                                 II-55
  Snaidero SpA (Italy)                                 II-56
  Stanley Furniture Company, Inc. (USA)                         II-56
  Steelcase, Inc. (USA)                                II-56
  Steinhoff Group (Germany)                                 II-57
  Teknion Corp. (Canada)                                  II-57

8. Global Market Perspective                              II-58
   Table 4: World Recent Past, Current & Future Analysis for
   Furniture and Fixtures by Geographic Region – USA, Canada,
   Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
   and Latin America Markets Independently Analyzed with Annual
   Sales Figures in US$ Million for Years 2001 through 2010
   (includes corresponding Graph/Chart)                       II-58

  Table 5: World Long-term Projections for Furniture and
  Fixtures by Geographic Region – US, Canada, Japan, Europe,
  Asia-Pacific (excluding Japan), Middle East, and Latin
  America Markets Independently Analyzed with Annual Sales
  Figures in US$ Million for Years 2011 through 2015 (includes
  corresponding Graph/Chart)                              II-59

  Table 6: World Historic Review for Furniture and Fixtures by
  Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
  (excluding Japan), Middle East, and Latin America Markets
  Independently Analyzed with Annual Sales Figures in US$
  Million for Years 1991 through 2000 (includes corresponding
  Graph/Chart)                                       II-60

  Table 7: World 15-Year Perspective for Furniture and Fixtures
  by Geographic Region – Percentage Breakdown of Value Sales
  for USA, Canada, Japan, Europe, Asia- Pacific (excluding
  Japan), Middle East, and Latin America Markets for Years
  1998, 2008 & 2012 (includes corresponding Graph/Chart)                II-61

  Table 8: World Recent Past, Current & Future Analysis for
  Household Furniture and Fixtures by Geographic Region – USA,
  Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
  East, and Latin America Markets Independently Analyzed with
  Annual Sales Figures in US$ Million for Years 2001 through
  2010 (includes corresponding Graph/Chart)                   II-62

  Table 9: World Long-term Projections for Household Furniture
  and Fixtures by Geographic Region – US, Canada, Japan, Europe,
  Asia-Pacific (excluding Japan), Middle East, and Latin
  America Markets Independently Analyzed with Annual Sales
  Figures in US$ Million for Years 2011 through 2015 (includes
  corresponding Graph/Chart)                              II-63

  Table 10: World Historic Review for Household Furniture and
  Fixtures by Geographic Region – USA, Canada, Japan, Europe,
  Asia-Pacific (excluding Japan), Middle East, and Latin
  America Markets Independently Analyzed with Annual Sales
  Figures in US$ Million for Years 1991 through 2000 (includes
  corresponding Graph/Chart)                             II-64

  Table 11: World 15-Year Perspective for Household Furniture
  and Fixtures by Geographic Region – Percentage Breakdown of
  Value Sales for USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America Markets for
Years 1998, 2008 & 2012 (includes corresponding Graph/Chart)          II-65

Table 12: World Recent Past, Current & Future Analysis for
Household Furniture and Fixtures by Product Segment – Living
Room, Bedroom, Kitchen, Dining Room, Bathroom, and Garden
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2010 (includes corresponding
Graph/Chart)                                      II-66

Table 13: World Long-term Projections for Household Furniture
and Fixtures by Product Segment – Living Room, Bedroom,
Kitchen, Dining Room, Bathroom, and Garden Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart)              II-67

Table 14: World Historic Review for Household Furniture and
Fixtures by Product Segment – Living Room, Bedroom, Kitchen,
Dining Room, Bathroom, and Garden Independently Analyzed with
Annual Sales Figures in US$ Million for Years 1991 through
2000 (includes corresponding Graph/Chart)                  II-68

Table 15: World 15-Year Perspective for Household Furniture
and Fixtures by Product Segment – Percentage Breakdown of
Value Sales for Living Room, Bedroom, Kitchen, Dining Room,
Bathroom, and Garden for Years 1998, 2008 & 2012 (includes
corresponding Graph/Chart)                            II-69

Table 16: World Recent Past, Current & Future Analysis for
Living Room Furniture and Fixtures by Geographic Region – USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin America Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart)                   II-70

Table 17: World Long-term Projections for Living Room
Furniture and Fixtures by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin America Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart)                       II-71

Table 18: World Historic Review for Living Room Furniture and
Fixtures by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart)                             II-72

Table 19: World 15-Year Perspective for Living Room Furniture
and Fixtures by Geographic Region – Percentage Breakdown of
Value Sales for USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America Markets for
Years 1998, 2008 & 2012 (includes corresponding Graph/Chart)          II-73

Table 20: World Recent Past, Current & Future Analysis for
Bedroom Furniture and Fixtures by Geographic Region – USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin America Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart)                  II-74

Table 21: World Long-term Projections for Bedroom Furniture
and Fixtures by Geographic Region – US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart)                              II-75

Table 22: World Historic Review for Bedroom Furniture and
Fixtures by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart)                             II-76

Table 23: World 15-Year Perspective for Bedroom Furniture and
Fixtures by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin America Markets for Years
1998, 2008 & 2012 (includes corresponding Graph/Chart)        II-77

Table 24: World Recent Past, Current & Future Analysis for
Kitchen Furniture and Fixtures by Geographic Region – USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin America Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart)                   II-78

Table 25: World Long-term Projections for Kitchen Furniture
and Fixtures by Geographic Region – US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart)                              II-79

Table 26: World Historic Review for Kitchen Furniture and
Fixtures by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart)                              II-80

Table 27: World 15-Year Perspective for Kitchen Furniture and
Fixtures by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, Europe, Asia- Pacific (excluding
Japan), Middle East, and Latin America Markets for Years
1998, 2008 & 2012 (includes corresponding Graph/Chart)         II-81

Table 28: World Recent Past, Current & Future Analysis for
Dining Room Furniture and Fixtures by Geographic Region –
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart)           II-82

Table 29: World Long-term Projections for Dining Room
Furniture and Fixtures by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin America Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart)                       II-83

Table 30: World Historic Review for Dining Room Furniture and
Fixtures by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart)                              II-84

Table 31: World 15-Year Perspective for Dining Room Furniture
and Fixtures by Geographic Region – Percentage Breakdown of
Value Sales for USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America Markets for
Years 1998, 2008 & 2012 (includes corresponding Graph/Chart)       II-85

Table 32: World Recent Past, Current & Future Analysis for
Bathroom Furniture and Fixtures by Geographic Region – USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin America Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart)                  II-86

Table 33: World Long-term Projections for Bathroom Furniture
and Fixtures by Geographic Region – US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart)                              II-87

Table 34: World Historic Review for Bathroom Furniture and
Fixtures by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart)                              II-88

Table 35: World 15-Year Perspective for Bathroom Furniture and
Fixtures by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin America Markets for Years
1998, 2008 & 2012 (includes corresponding Graph/Chart)         II-89

Table 36: World Recent Past, Current & Future Analysis for
Garden Furniture and Fixtures by Geographic Region – USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin America Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart)                  II-90

Table 37: World Long-term Projections for Garden Furniture and
Fixtures by Geographic Region – US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart)                              II-91

Table 38: World Historic Review for Garden Furniture and
Fixtures by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin America
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart)                              II-92

Table 39: World 15-Year Perspective for Garden Furniture and
Fixtures by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin America Markets for Years 1998,
2008 & 2012 (includes corresponding Graph/Chart)               II-93
   Table 40: World Recent Past, Current & Future Analysis for
   Office & Institutional Furniture and Fixtures by Geographic
   Region – USA, Canada, Japan, Europe, Asia-Pacific (excluding
   Japan), Middle East, and Latin America Markets Independently
   Analyzed with Annual Sales Figures in US$ Million for Years
   2001 through 2010 (includes corresponding Graph/Chart)                    II-94

   Table 41: World Long-term Projections for Office &
   Institutional Furniture and Fixtures by Geographic Region –
   US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
   Middle East, and Latin America Markets Independently Analyzed
   with Annual Sales Figures in US$ Million for Years 2011
   through 2015 (includes corresponding Graph/Chart)            II-95

   Table 42: World Historic Review for Office & Institutional
   Furniture and Fixtures by Geographic Region – USA, Canada,
   Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
   and Latin America Markets Independently Analyzed with Annual
   Sales Figures in US$ Million for Years 1991 through 2000
   (includes corresponding Graph/Chart)                       II-96

   Table 43: World 15-Year Perspective for Office & Institutional
   Furniture and Fixtures by Geographic Region – Percentage
   Breakdown of Value Sales for USA, Canada, Japan, Europe,
   Asia-Pacific (excluding Japan), Middle East, and Latin
   America Markets for Years 1998, 2008 & 2012 (includes
   corresponding Graph/Chart)                              II-97


III. MARKET

 1. The United States                                    III-1
    A.Market Analysis                                   III-1
     Current and Future Analysis                            III-1
     US Furniture and Fixtures Market – A Perspective              III-1
      Table 44: Furniture Market in the United States (2005):
      Percentage Breakdown of Value Sales by Furniture Type –
      Wood, Upholstered, and Metal & Others (includes
      corresponding Graph/Chart)                             III-1

      Table 45: Juvenile Furniture & Accessories Market in the
      United States (2000-2005): Sales in US$ Million (includes
      corresponding Graph/Chart)                               III-2
     Residential Furniture Market                            III-2
      Factors Influencing Growth                             III-2
     Office Furniture Market                              III-2
      Distribution Practices                            III-3
     Children Furniture Market                              III-3
      Key Demographics                                     III-3
     RTA Furniture Market                                 III-3
      Table 46: RTA Furniture Market in the United States (2005):
      Percentage Breakdown of Value Sales by End Use Category -
      Office, Entertainment, Bedroom, Kitchen, Seating, and
      Others (includes corresponding Graph/Chart)                    III-3
     Competitive Scenario                                 III-4
     Key Trends                                       III-4
      Changing Consumer Behavior                                 III-4
      Working-from-Home Lifestyle Drives Growth for Innovative
       Furniture                                    III-4
      High Costs Compel Manufacturers to Shift Production Base
       to Asia                                     III-4
     Production Scenario                                 III-4
Export-Import Scenario                                III-5
 Table 47: Furniture Market in the United States (2003 &
 2004): Exports (in US$ ‘000) by Country – Canada, Mexico,
 United Kingdom, Japan, Saudi Arabia, Korea, Australia,
 Germany, China, The Netherlands, Kuwait, Italy, Hong Kong,
 Bahamas, Jamaica, and Others (includes corresponding
 Graph/Chart)                                     III-5

Table 48: Household Furniture Market in the United States
(2003 & 2004): Exports (in US$ ‘000) by Country – Canada,
Mexico, United Kingdom, Japan, Saudi Arabia, Korea,
Germany, China, Kuwait, Italy, Australia, Jamaica,
Bahamas, Hong Kong, UAE, and Others (includes
corresponding Graph/Chart)                          III-6

Table 49: Household Wood Furniture Market in the United
States (2003 & 2004): Exports (in US$ ‘000) by Country –
Canada, Mexico, United Kingdom, Japan, Saudi Arabia, Korea,
Kuwait, Bahamas, Jamaica, China, Bermuda, Australia, UAE,
Turkey, France, and Others (includes corresponding
Graph/Chart)                                   III-7

Table 50: Upholstered Furniture Market in the United
States (2003 & 2004): Exports (in US$ ‘000) by Country –
Canada, Mexico, Japan, Saudi Arabia, Kuwait, United
Kingdom, UAE, Korea, Sweden, Norway, Taiwan, Israel,
Greece, Turkey, Finland, and Others                  III-8

Table 51: Furniture Market in the United States (2003 &
2004): Imports (in US$ ‘000) by Country – China, Canada,
Mexico, Italy, Taiwan, Malaysia, Indonesia, Thailand,
Brazil, Vietnam, The Philippines, Germany, Denmark, United
Kingdom, France, and Others (includes corresponding
Graph/Chart)                                     III-8

Table 52: Household Furniture Market in the United States
(2003 & 2004): Imports (in US$ ‘000) by Country – China,
Canada, Italy, Mexico, Malaysia, Indonesia, Thailand,
Vietnam, Brazil, Taiwan, The Philippines, Denmark, Germany,
Poland, France, and Others (includes corresponding
Graph/Chart)                                     III-9

Table 53: Wood Household Furniture Market in the United
States (2003 & 2004): Imports (in US$ ‘000) by Country –
China, Canada, Malaysia, Italy, Indonesia, Thailand,
Mexico, Vietnam, Brazil, Taiwan, The Philippines, Denmark,
Poland, France, United Kingdom, and Others (includes
corresponding Graph/Chart)                           III-9

 Table 54: Upholstered Household Furniture Market in the
 United States (2003 & 2004): Imports (in US$ ‘000) by
 Country – China, Italy, Mexico, Canada, Brazil, Malaysia,
 Thailand, Romania, Indonesia, Vietnam, Norway, Germany,
 The Philippines, Hong Kong, Spain, and Others (includes
 corresponding Graph/Chart)                           III-10
A Recent Past and Historical Perspective – Key Statistics     III-11
 Table 55: Furniture Production in the United States
 (1991-2002): Percentage Breakdown by Product Category -
 Systems, Seating, Files, Desks, Tables, Storage, and Others
 (includes corresponding Graph/Chart)                     III-11

Table 56: Upholstered Furniture Market in the United
States (2002): Percentage Breakdown of Value Sales by
Distribution Channel - Furniture Stores & Chains,
Department Stores, Specialty Stores, and Others (includes
corresponding Graph/Chart)                          III-11

Table 57: RTA Furniture Market in the United States (2002):
Percentage Breakdown of Value Sales by End-Use Application
- Office, Entertainment, Bedroom, Kitchen, Seating, and
Others (includes corresponding Graph/Chart)              III-11

Table 58: RTA Furniture Market in the United States (2002):
Percentage Breakdown of Value Sales by Distribution Channel
- Mass Merchants, Office & Electronics Stores, Home
Improvement Centers, Furniture Stores & Chains, Department
Stores, Specialty Stores, Catalogs, and Others (includes
corresponding Graph/Chart)                           III-12

Table 59: Outdoor Furniture Market in the United States
(2002): Percentage Breakdown of Value Sales by State -
California, Texas, Florida, New York, Washington, Arizona,
Colorado, Georgia, Illinois, North Carolina, and Others
(includes corresponding Graph/Chart)                    III-12

Table 60: Furniture Market in the United States (2000):
Percentage Breakdown of Value Sales by Distribution Channel
- Furniture Stores, Department Stores, Mass Merchants,
(includes corresponding Graph/Chart)                    III-12

Table 61: Leading Furniture Retailers in the United States
(2000): Revenues in US$ Million for Ethan Allen, Office
Depot, Rooms to Go, Berkshire Hathaway, Federated
Department Stores, Heilig- Meyers, Pier I Imports,
La-Z-Boy, HomeLife and J.C. Penney (includes
corresponding Graph/Chart)                            III-13

Table 62: Leading Residential Furniture Manufacturers in
the United States (2000): Sales in US$ Million for
Furniture Brands International, Life Style Furnishings
International, La-Z-Boy, Klaussner Furniture Industries,
Ethan Allen, Ashley Furniture Industries, Dorel Industries,
Sauder Woodworking, Leggett & Platt Consumer Products, and
Bush Industries (includes corresponding Graph/Chart)        III-13

Table 63: Furniture Market in the United States (2000):
Percentage Breakdown of Annual Expenditure on Household
Furniture by State - California, Texas, Florida, New York,
Illinois, and Others (includes corresponding Graph/Chart) III-14

Table 64: Office Furniture Market in the United States
(2000): Percentage Breakdown of Value Sales by Leading
Suppliers (to Federal Government) - Herman Miller, Krueger
International, Cramer, Haworth, Steelcase, Knoll, Kimball
International, and Others (includes corresponding
Graph/Chart)                                     III-14

Table 65: Furniture Market in the United States (2000):
Percentage of Households Shopped for and Purchased Desks
by Region – West, South, Midwest, and Northeast (includes
corresponding Graph/Chart)                          III-14

Table 66: Furniture Market in the United States (2000):
Percentage of Households that Shopped for and Purchased
Other Home Office Products by Region – West, Northeast,
Midwest, and South (includes corresponding Graph/Chart)          III-15
  Table 67: Furniture Market in the United States (2000):
  Percentage of Households that Shopped for and Purchased
  Occasional Tables by Region – West, Midwest, Northeast,
  and South (includes corresponding Graph/Chart)          III-15

  Table 68: Furniture Market in the United States (2000):
  Percentage of Households that Shopped for and Purchased
  Stationary Sofas by Region – Northeast, Midwest, South, and
  West (includes corresponding Graph/Chart)                III-16

  Table 69: Furniture Market in the United States (2000):
  Percentage of Households that Shopped for and Purchased
  Youth Furniture by Region – Northeast, Midwest, South, and
  West (includes corresponding Graph/Chart)                III-16

  Table 70: Office Furniture Market in the United States
  (1999 & 2000): Percentage Breakdown of Shipments by
  Category - Systems, Seating, Desks, Files, Tables,
  Storage, and Others (includes corresponding Graph/Chart)         III-17

  Table 71: Furniture Market in the United States (1999):
  Total Expenditure in US$ Million by Type - Occasional,
  Outdoor, and Infants (includes corresponding Graph/Chart)        III-17

  Table 72: Household Furniture Market in the United States
  (1999): Shipments in US$ Million by Product Type –
  Non-Upholstered Wood Household, Wood Kitchen Cabinet &
  Countertop, Upholstered Household Furniture, Mattresses,
  Household Furniture (ex. Wood & Metal), and Other Furniture
  Related Products (includes corresponding Graph/Chart)           III-18
 Product Launches/Developments                             III-18
 Strategic Corporate Developments                          III-24
 Key Players                                      III-35
B.Market Analytics                                  III-42
 Table 73: US Recent Past, Current & Future Analysis for
 Furniture and Fixtures by Product Group/Segment – Household
 (Living Room, Bedroom, Kitchen, Dining Room, Bathroom, and
 Garden), and Office & Institutional Independently Analyzed
 with Annual Sales Figures in US$ Million for Years 2001
 through 2010 (includes corresponding Graph/Chart)               III-42

 Table 74: US Long-term Projections for Furniture and
 Fixtures by Product Group/Segment – Household (Living Room,
 Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
 Office & Institutional Independently Analyzed with Annual
 Sales Figures in US$ Million for Years 2011 through 2015
 (includes corresponding Graph/Chart)                     III-43

 Table 75: US Historic Review for Furniture and Fixtures by
 Product Group/Segment – Household (Living Room, Bedroom,
 Kitchen, Dining Room, Bathroom, and Garden), and Office &
 Institutional Independently Analyzed with Annual Sales
 Figures in US$ Million for Years 1991 through 2000 (includes
 corresponding Graph/Chart)                            III-44

 Table 76: US 15-Year Perspective for Furniture and Fixtures
 by Product Group/Segment – Percentage Breakdown of Value
 Sales for Household (Living Room, Bedroom, Kitchen, Dining
 Room, Bathroom, and Garden), and Office & Institutional for
 Years 1998, 2008 & 2012 (includes corresponding
 Graph/Chart)                                     III-45
2. Canada                                            III-46
   A.Market Analysis                                    III-46
    Current and Future Analysis                             III-46
    Market Overview                                      III-46
     Market Structure                                  III-46
     Demographics                                       III-46
     Growth Drivers                                    III-47
     Key Challenges                                    III-48
     Office Furniture Market                              III-48
    A Recent Past and Historical Perspective                     III-49
     Export-Import Scenario                                III-49
      Table 77: Household and Institutional Furniture and
      Kitchen Cabinet Manufacturing Market in Canada
      (1998-2002): Exports (in ‘000 Canadian Dollars) by
      Destination - USA, China, The Netherlands, France
      (including Monaco, French Antilles), United Kingdom,
      Japan, Hong Kong, Thailand, Taiwan, and Bermuda (includes
      corresponding Graph/Chart)                              III-49

     Table 78: Household and Institutional Furniture and
     Kitchen Cabinet Manufacturing Market in Canada
     (1998-2002): Exports (in Canadian Dollars) by Province -
     Ontario, Quebec, Manitoba, Alberta, British Columbia,
     Nova Scotia, New Brunswick, Saskatchewan, Prince Edward
     Island, Newfoundland, Yukon, Nunavut, and North-West
     Territories (includes corresponding Graph/Chart)         III-50

     Table 79: Household and Institutional Furniture and
     Kitchen Cabinet Manufacturing Market in Canada
     (1998-2002): Exports (in Canadian Dollars) by US State               III-51

     Table 80: Office Furniture (including Fixtures)
     Manufacturing Market in Canada (1998-2002): Exports (in
     ‘000 Canadian Dollars) by Destination - USA, Mexico,
     United Kingdom, Japan, Austria, Australia, UAE, Jamaica,
     Chile, and China (includes corresponding Graph/Chart)            III-52

     Table 81: Office Furniture (including Fixtures)
     Manufacturing Market in Canada (1998-2002): Exports (in
     Canadian Dollars) by US State                   III-53

     Table 82: Household and Institutional Furniture and
     Kitchen Cabinet Manufacturing Market in Canada
     (1998-2002): Imports (in ‘000 Canadian Dollars) by
     Country - USA, China, Italy (includes Vatican City
     State), Malaysia, Thailand, Indonesia, (includes East
     Timor), Taiwan, Mexico, Poland, and France (includes
     Monaco, French Antilles) (includes corresponding
     Graph/Chart)                                    III-54

     Table 83: Household and Institutional Furniture and
     Kitchen Cabinet Manufacturing Market in Canada
     (1998-2002): Imports (in Canadian Dollars) by US State               III-55

     Table 84: Office Furniture (including Fixtures)
     Manufacturing Market in Canada (1998-2002): Imports (in
     ‘000 Canadian Dollars) by Country - USA, Mexico, China,
     Italy (includes Vatican City State), Taiwan, Sweden,
     Germany, Malaysia, Poland, and Brazil (includes
     corresponding Graph/Chart)                           III-56

     Table 85: Office Furniture (including Fixtures)
     Manufacturing Market in Canada (1998-2002): Imports (in
     Canadian Dollars) by US State                           III-57
     Other Key Statistics                               III-58
     Table 86: Furniture Market in Canada (2000): Percentage
     Breakdown of Establishments by Province - Quebec, Ontario,
     Prairies, British Columbia, and Atlantic (includes
     corresponding Graph/Chart)                              III-58

     Table 87: Furniture Market in Canada (1999): Production by
     Category - Office & Institutional Furniture, Household
     Furniture (Including Mattresses), Wood Kitchen Cabinets &
     Countertops, and Others (Blinds & Shades) (includes
     corresponding Graph/Chart)                             III-58
   Strategic Corporate Developments                            III-58
   Key Players                                       III-59
  B.Market Analytics                                   III-60
   Table 88: Canadian Recent Past, Current & Future Analysis
   for Furniture and Fixtures by Product Group/ Segment –
   Household (Living Room, Bedroom, Kitchen, Dining Room,
   Bathroom, and Garden), and Office & Institutional
   Independently Analyzed with Annual Sales Figures in US$
   Million for Years 2001 through 2010 (includes corresponding
   Graph/Chart)                                       III-60

    Table 89: Canadian Long-term Projections for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 2011 through 2015
    (includes corresponding Graph/Chart)                     III-61

    Table 90: Canadian Historic Review for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                     III-62

    Table 91: Canadian 15-Year Perspective for Furniture and
    Fixtures by Product Group/Segment – Percentage Breakdown of
    Value Sales for Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional for Years 1998, 2008 & 2012 (includes
    corresponding Graph/Chart)                           III-63

3. Japan                                            III-64
   A.Market Analysis                                    III-64
     Current and Future Analysis                             III-64
     Market Overview                                     III-64
      The SOHO (Small Office/Home Office) Furniture Market              III-64
       Table 92: Small Office/Home Office Furniture Market in
       Japan (2000-2005): Sales in US$ Million (includes
       corresponding Graph/Chart)                             III-64
       Product Features                                III-65
       Domestic Sector                                  III-65
       Distribution Channels                             III-65
       End User Analysis                                III-65
       Prospects                                    III-66
      Kitchen Cabinets Market                               III-66
       Domestic Production                                 III-66
       Product Requirements                                 III-66
       End-Users                                     III-67
      The “Futon” Market                                  III-67
       Down Futons                                     III-68
  Wool Futons                                     III-68
  Foot Warmer Futons                                  III-68
 Fixtures Market                                   III-68
  Wooden Fixtures                                   III-68
  Steel Fixtures                                 III-69
  Aluminum Fixtures                                  III-69
  Plastic Fixtures                               III-69
  Glass Fixtures                                  III-69
A Study of the Distribution System                        III-69
 Distribution Channels for Japanese Household Furniture           III-70
  Household Furniture Distribution Channels for Japanese-
   Made Furniture                                  III-70
 Distribution Channels for Japanese Contract Market Furniture III-70
  Japanese-Made Contract Market Furniture Distribution           III-71
  Distribution Channels for Imported Furniture               III-71
A Historical Perspective                             III-72
 Furniture - Imports Scenario                           III-72
  Table 93: Furniture Market in Japan (2000): Imports (in ¥
  Million) by Country - China, Taiwan, Thailand, Malaysia,
  Indonesia, and Others (includes corresponding Graph/Chart) III-72

 Table 94: Wooden Furniture Market in Japan (1999): Imports
 (in ¥ Million) by Country - Thailand, China, Malaysia,
 Indonesia, Taiwan, Italy, USA, Vietnam, South Korea,
 Denmark, and Others (includes corresponding Graph/Chart)         III-72

 Table 95: Rattan Furniture Market in Japan (1999): Imports
 (in ¥ Million) by Country - Indonesia, The Philippines,
 China, Taiwan, Vietnam, Malaysia, USA, Thailand, Italy,
 India, and Others                                 III-73

 Table 96: Metal Furniture Market in Japan (1999): Imports
 (in ¥ Million) by Country - Taiwan, China, Thailand, USA,
 Malaysia, Italy, Indonesia, Germany, Norway, Vietnam, and
 Others (includes corresponding Graph/Chart)               III-73

 Table 97: Other Material Furniture Market in Japan (1999):
 Imports (in ¥ Million) by Country - China, Italy, Taiwan,
 South Korea, USA, Indonesia, Thailand, Germany, Spain,
 Malaysia, and Others (includes corresponding Graph/Chart)       III-74

 Table 98: Furniture Parts Market in Japan (1999): Imports
 (in ¥ Million) by Country - USA, Thailand, China, Taiwan,
 The Philippines, Indonesia, Germany, Malaysia, Vietnam,
 Austria, and Others (includes corresponding Graph/Chart)       III-74

 Table 99: Finished Furniture Market in Japan (1999):
 Imports (in ¥ Million) by Country - Taiwan, China,
 Thailand, Indonesia, Malaysia, Italy, USA, Vietnam, South
 Korea, Denmark, and Others (includes corresponding
 Graph/Chart)                                    III-75
Furniture - Exports Scenario                         III-75
 Table 100: Wooden Furniture Market in Japan (1999):
 Exports (in ¥ Million) by Country - USA, Taiwan, Hong
 Kong, China, Belgium, France, Australia, Republic of
 Korea, United Kingdom, UAE, and Others (includes
 corresponding Graph/Chart)                            III-75

 Table 101: Metal Furniture Market in Japan (1999): Exports
 (in ¥ Million) by Country - USA, Hong Kong, Singapore,
 The Philippines, China, Taiwan, UAE, The Netherlands,
 United Kingdom, Italy, and Others (includes corresponding
 Graph/Chart)                                   III-76
       Table 102: Other Material Furniture Market in Japan
       (1999): Exports (in ¥ Million) by Country - USA, Taiwan,
       Hong Kong, Singapore, United Kingdom, France, Republic of
       Korea, The Netherlands, Thailand, The Philippines, and
       Others (includes corresponding Graph/Chart)              III-76

       Table 103: Furniture Parts Market in Japan (1999): Exports
       (in ¥ Million) by Country - USA, Malaysia, Australia,
       Republic of Korea, Taiwan, Thailand, Indonesia, South
       Africa, China, Mexico, and Others (includes corresponding
       Graph/Chart)                                     III-77

       Table 104: Finished Furniture Market in Japan (1999):
       Exports (in ¥ Million) by Country - USA, Hong Kong,
       Taiwan, Singapore, China, The Philippines, UAE, The
       Netherlands, United Kingdom, Republic of Korea, and
       Others (includes corresponding Graph/Chart)                III-77

       Table 105: Furniture Market in Japan (1999): Exports (in
       ¥ Million) by Country - USA, Taiwan, Malaysia, Australia,
       South Korea, China, Thailand, Hong Kong, The Philippines,
       Singapore, and Others (includes corresponding
       Graph/Chart)                                    III-78
      Futons – Import-Export Scenario                         III-78
       Table 106: Futons Market in Japan (1999 & 2000): Imports
       (Volume in Tons
Value in ¥ Million) by Type -
       Eiderdowns, Stuffed with Feather or Down
and Others        III-78

       Table 107: Down Futons Market in Japan (2000): Imports
       (Volume in Tons
Value in ¥ Million) by Leading Country -
       China, Taiwan, Germany, Hungary, Poland, and Others           III-79
     Product Launch                                    III-79
     Strategic Corporate Developments                         III-79
    B.Market Analytics                                 III-80
     Table 108: Japanese Recent Past, Current & Future Analysis
     for Furniture and Fixtures by Product Group/ Segment –
     Household (Living Room, Bedroom, Kitchen, Dining Room,
     Bathroom, and Garden), and Office & Institutional
     Independently Analyzed with Annual Sales Figures in US$
     Million for Years2001 through 2010 (includes corresponding
     Graph/Chart)                                     III-80

     Table 109: Japanese Long-term Projections for Furniture and
     Fixtures by Product Group/Segment – Household (Living Room,
     Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
     Office & Institutional Independently Analyzed with Annual
     Sales Figures in US$ Million for Years 2011 through 2015
     (includes corresponding Graph/Chart)                     III-81

     Table 110: Japanese Historic Review for Furniture and
     Fixtures by Product Group/Segment – Household (Living Room,
     Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
     Office & Institutional Independently Analyzed with Annual
     Sales Figures in US$ Million for Years 1991 through 2000
     (includes corresponding Graph/Chart)                    III-82

     Table 111: Japanese 15-Year Perspective for Furniture and
     Fixtures by Product Group/Segment – Percentage Breakdown of
     Value Sales for Household (Living Room, Bedroom, Kitchen,
     Dining Room, Bathroom, and Garden), and Office &
     Institutional for Years 1998, 2008 & 2012 (includes
     corresponding Graph/Chart)                               III-83

 4. Europe                                         III-84
    A.Market Analysis                                  III-84
     Current and Future Analysis                            III-84
     Market Overview                                    III-84
     Outlook                                      III-84
     Market Characteristics                              III-85
     Distribution System                                III-85
     Demand Forces                                      III-85
     Major Segments                                     III-86
      Office Furniture                              III-86
      Home Office Furniture                               III-86
      Kitchen Furniture                               III-87
      Upholstered Furniture                              III-87
       Market Segmentation                                 III-87
     A Recent Past and Historical Perspective                   III-88
      Table 112: Laminated Kitchen Furniture Market in Europe
      (2001): Percentage Breakdown of Production by Country -
      Germany, Italy, United Kingdom, France, Spain, and Others
      (includes corresponding Graph/Chart)                       III-88

      Table 113: Office Furniture Market in Europe (2001):
      Percentage Breakdown of Production by Category - Operative
      Desking, Office Seating, Filing Systems, Executive
      Furniture, Reception & Communal Furniture, and Others
      (includes corresponding Graph/Chart)                 III-88

      Table 114: Leading Furniture Retailers in Europe (2000):
      Turnover (in € Billion) for Ikea (Sweden), Conforma
      (France), MFI Homeworks (UK), Porta (Germany), and Le
      Mobilier Europeen (France) (includes corresponding
      Graph/Chart)                                     III-89

      Table 115: Office Furniture Market in Europe (1999):
      Percentage Breakdown of Sales by Distribution Channel -
      Specialized Channels, Direct Sales, Large Distributors,
      Non-Specialized Outlets, Mail Order, and Others (includes
      corresponding Graph/Chart)                            III-89

      Table 116: Home Office Furniture Market in Europe (1999):
      Percentage Breakdown of Consumption by End-Use Category -
      Family Telehomes, Primary Teleworkers, and Secondary
      Teleworkers (includes corresponding Graph/Chart)          III-89

      Table 117: Wood Furniture Market in the European Union
      (1999 & 2000): Imports (in US$ Million) by Country -
      Poland, Indonesia, Romania, China, Czech Republic,
      Malaysia, Brazil, Vietnam, Taiwan, Switzerland, Hungary,
      Norway, Thailand, Slovenia, South Africa, USA, Estonia,
      Lithuania, India, and Slovakia (includes corresponding
      Graph/Chart)                                     III-90

      Table 118: Furniture Market in the European Union (1999 &
      2000): Imports (Volume in Tons
Value in US$ ‘000) by
      Member Country - Germany, France, United Kingdom,
      Belgium/Luxemburg, The Netherlands, Austria, Sweden, Spain,
      Italy, Denmark, Portugal, Finland, Ireland, and Greece
      (includes corresponding Graph/Chart)                     III-91
    B.Market Analytics                                  III-92
    Table 119: European Recent Past, Current & Future Analysis
    for Furniture and Fixtures by Geographic Region – France,
    Germany, Italy, UK, Spain, Russia, and Rest of Europe
    Markets Independently Analyzed with Annual Sales Figures in
    US$ Million for Years 2001 through 2010 (includes
    corresponding Graph/Chart)                            III-92

    Table 120: European Long-term Projections for Furniture and
    Fixtures by Geographic Region – France, Germany, Italy, UK,
    Spain, Russia, and Rest of Europe Markets Independently
    Analyzed with Annual Sales Figures in US$ Million for Years
    2011 through 2015 (includes corresponding Graph/Chart)             III-93

    Table 121: European Historic Review for Furniture and
    Fixtures by Geographic Region – France, Germany, Italy, UK,
    Spain, Russia, and Rest of Europe Markets Independently
    Analyzed with Annual Sales Figures in US$ Million for Years
    1991 through 2000 (includes corresponding Graph/Chart)             III-94

    Table 122: European 15-Year Perspective for Furniture and
    Fixtures by Geographic Region – Percentage Breakdown of
    Value Sales for France, Germany, Italy, UK, Spain, Russia,
    and Rest of Europe Markets for Years 1998, 2008 & 2012
    (includes corresponding Graph/Chart)                    III-95

    Table 123: European Recent Past, Current & Future Analysis
    for Furniture and Fixtures by Product Group/Segment –
    Household (Living Room, Bedroom, Kitchen, Dining Room,
    Bathroom, and Garden), and Office & Institutional
    Independently Analyzed with Annual Sales Figures in US$
    Million for Years 2001 through 2010 (includes
    corresponding Graph/Chart)                          III-96

    Table 124: European Long-term Projections for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 2011 through 2015
    (includes corresponding Graph/Chart)                     III-97

    Table 125: European Historic Review for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                    III-98

    Table 126: European 15-Year Perspective for Furniture and
    Fixtures by Product Group/Segment – Percentage Breakdown of
    Value Sales for Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional for Years 1998, 2008 & 2012 (includes
    corresponding Graph/Chart)                           III-99

4a. France                                           III-100
  A.Market Analysis                                     III-100
    Current and Future Analysis                             III-100
    Furniture and Fixtures Market - A Perspective                 III-100
     Ready-to-Assemble Furniture                              III-100
     Office Furniture                                 III-100
    A Historical Perspective                             III-100
     Table 127: Furniture Market in France (2000): Production in
     € Million by Product Type - Office, Kitchen, and
    Upholstered (includes corresponding Graph/Chart)              III-100

    Table 128: Garden Furniture Market in France (1999):
    Percentage Breakdown of Value and Volume Sales by Product
    Type - Synthetic Resin, Wood, and Metal (includes
    corresponding Graph/Chart)                             III-101
   Key Player                                       III-101
  B.Market Analytics                                   III-102
   Table 129: French Recent Past, Current & Future Analysis for
   Furniture and Fixtures by Product Group/Segment – Household
   (Living Room, Bedroom, Kitchen, Dining Room, Bathroom, and
   Garden), and Office & Institutional Independently Analyzed
   with Annual Sales Figures in US$ Million for Years 2001
   through 2010 (includes corresponding Graph/Chart)               III-102

    Table 130: French Long-term Projections for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 2011 through 2015
    (includes corresponding Graph/Chart)                     III-103

    Table 131: French Historic Review for Furniture and Fixtures
    by Product Group/Segment – Household (Living Room, Bedroom,
    Kitchen, Dining Room, Bathroom, and Garden), and Office &
    Institutional Independently Analyzed with Annual Sales
    Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                     III-104

    Table 132: French 15-Year Perspective for Furniture and
    Fixtures by Product Group/Segment – Percentage Breakdown of
    Value Sales for Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional for Years 1998, 2008 & 2012 (includes
    corresponding Graph/Chart)                           III-105

4b. Germany                                          III-106
  A.Market Analysis                                   III-106
    Current and Future Analysis                           III-106
    Market Overview                                    III-106
     Distribution System                               III-106
    A Recent Past and Historical Perspective                  III-107
     Table 133: Office Furniture Market in Germany (2001):
     Percentage Breakdown of Sales by Segment - Storage
     Solutions, Tables, and Chairs (includes corresponding
     Graph/Chart)                                    III-107

    Table 134: Furniture Market in Germany (2000): Exports (in
    DM Million) by Region/Country - Europe (The Netherlands,
    Austria, France, Belgium, United Kingdom, Italy, Spain,
    Sweden, Luxembourg, Denmark, Eastern Europe, and Other
    Europe), North America, Asia, Middle & South America,
    Middle East, and Others (includes corresponding
    Graph/Chart)                                     III-107
   Strategic Corporate Developments                         III-108
   Key Players                                      III-108
  B.Market Analytics                                  III-109
   Table 135: German Recent Past, Current & Future Analysis for
   Furniture and Fixtures by Product Group/Segment – Household
   (Living Room, Bedroom, Kitchen, Dining Room, Bathroom, and
   Garden), and Office & Institutional Independently Analyzed
   with Annual Sales Figures in US$ Million for Years 2001
   through 2010 (includes corresponding Graph/Chart)              III-109
    Table 136: German Long-term Projections for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 2011 through 2015
    (includes corresponding Graph/Chart)                     III-110

    Table 137: German Historic Review for Furniture and Fixtures
    by Product Group/Segment – Household (Living Room, Bedroom,
    Kitchen, Dining Room, Bathroom, and Garden), and Office &
    Institutional Independently Analyzed with Annual Sales
    Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                    III-111

    Table 138: German 15-Year Perspective for Furniture and
    Fixtures by Product Group/Segment – Percentage Breakdown of
    Value Sales for Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional for Years 1998, 2008 & 2012 (includes
    corresponding Graph/Chart)                          III-112

4c. Italy                                          III-113
   A.Market Analysis                                    III-113
     Current and Future Analysis                            III-113
     Kitchen Furniture Market                              III-113
     Product Launches                                    III-113
     Strategic Corporate Developments                           III-114
     Key Players                                     III-114
   B.Market Analytics                                   III-115
     Table 139: Italian Recent Past, Current & Future Analysis
     for Furniture and Fixtures by Product Group/Segment –
     Household (Living Room, Bedroom, Kitchen, Dining Room,
     Bathroom, and Garden), and Office & Institutional
     Independently Analyzed with Annual Sales Figures in US$
     Million for Years 2001 through 2010 (includes corresponding
     Graph/Chart)                                      III-115

    Table 140: Italian Long-term Projections for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 2011 through 2015
    (includes corresponding Graph/Chart)                     III-116

    Table 141: Italian Historic Review for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                    III-117

    Table 142: Italian 15-Year Perspective for Furniture and
    Fixtures by Product Group/Segment – Percentage Breakdown of
    Value Sales for Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional for Years 1998, 2008 & 2012 (includes
    corresponding Graph/Chart)                            III-118

4d. The United Kingdom                                      III-119
  A.Market Analysis                                     III-119
    Current and Future Analysis                             III-119
    UK Furniture Market – A Perspective                         III-119
   Market Structure                                  III-119
   Major Segments                                      III-120
    Household Furniture Market                             III-120
    Kitchen Furniture Market                             III-120
    Upholstered Furniture Market                           III-120
    Bedroom Furniture Market                               III-121
    Office Furniture Market                             III-121
   Outlook                                        III-122
   Product Launch                                    III-122
   Strategic Corporate Developments                           III-122
   Key Players                                     III-123
  B.Market Analytics                                  III-124
   Table 143: UK Recent Past, Current & Future Analysis for
   Furniture and Fixtures by Product Group/Segment – Household
   (Living Room, Bedroom, Kitchen, Dining Room, Bathroom, and
   Garden), and Office & Institutional Independently Analyzed
   with Annual Sales Figures in US$ Million for Years 2001
   through 2010 (includes corresponding Graph/Chart)                III-124

    Table 144: UK Long-term Projections for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 2011 through 2015
    (includes corresponding Graph/Chart)                     III-125

    Table 145: UK Historic Review for Furniture and Fixtures by
    Product Group/Segment – Household (Living Room, Bedroom,
    Kitchen, Dining Room, Bathroom, and Garden), and Office &
    Institutional Independently Analyzed with Annual Sales
    Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                     III-126

    Table 146: UK 15-Year Perspective for Furniture and Fixtures
    by Product Group/Segment – Percentage Breakdown of Value
    Sales for Household (Living Room, Bedroom, Kitchen, Dining
    Room, Bathroom, and Garden), and Office & Institutional for
    Years 1998, 2008 & 2012 (includes corresponding Graph/Chart)        III-127

4e. Spain                                          III-128
   Market Analysis                                   III-128
    Table 147: Spanish Recent Past, Current & Future Analysis
    for Furniture and Fixtures by Product Group/Segment –
    Household (Living Room, Bedroom, Kitchen, Dining Room,
    Bathroom, and Garden), and Office & Institutional
    Independently Analyzed with Annual Sales Figures in US$
    Million for Years 2001 through 2010 (includes corresponding
    Graph/Chart)                                     III-128

    Table 148: Spanish Long-term Projections for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 2011 through 2015
    (includes corresponding Graph/Chart)                     III-129

    Table 149: Spanish Historic Review for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                     III-130
     Table 150: Spanish 15-Year Perspective for Furniture and
     Fixtures by Product Group/Segment – Percentage Breakdown of
     Value Sales for Household (Living Room, Bedroom, Kitchen,
     Dining Room, Bathroom, and Garden), and Office &
     Institutional for Years 1998, 2008 & 2012 (includes
     corresponding Graph/Chart)                           III-131

 4f. Russia                                          III-132
    A.Market Analysis                                    III-132
      Current and Future Analysis                            III-132
      The Domestic Sector                                  III-132
      Components Market                                     III-132
      Distribution Techniques                              III-132
      Outlook                                        III-133
      A Recent Past and Historical Perspective                   III-133
       Table 151: Furniture Market in Russia (2002): Percentage
       Breakdown of Imports by Country - Italy
Belarus
Ukraine

      Germany
Czech Republic
Spain
Romania
Finland
Sweden

     Slovenia, Serbia & Montenegro
and Others (includes
     corresponding Graph/Chart)                               III-133

      Table 152: Furniture Market in Russia (2000): Percentage
      Breakdown of Manufacturing Plants by Production Capacity -
      Shatura Company, ElektrogorskMebel, Skhodnya Plant,
      Interior Company, MiasMebel Plant, IvanovoMebel Plant,
      Others, and Imports (includes corresponding Graph/Chart)             III-134

      Table 153: Furniture Market in Russia (2000): Percentage
      Breakdown of Sales by Region – Moscow City & Oblast,
      Siberia and the Russian Far East, St. Petersburg &
      Leningrad Oblast, Volga Region, The Urals Region, and
      Others (includes corresponding Graph/Chart)              III-134

      Table 154: Furniture Market in Russia (1998-2001): Imports
      (in US$ ‘000) by Country – Malaysia, Indonesia, Vietnam,
      Thailand and Singapore (includes corresponding
      Graph/Chart)                                   III-135
     Strategic Corporate Development                        III-135
    B.Market Analytics                                III-136
     Table 155: Russian Recent Past, Current & Future Analysis
     for Furniture and Fixtures by Product Group/Segment –
     Household (Living Room, Bedroom, Kitchen, Dining Room,
     Bathroom, and Garden), and Office & Institutional
     Independently Analyzed with Annual Sales Figures in US$
     Million for Years 2001 through 2010 (includes
     corresponding Graph/Chart)                           III-136

     Table 156: Russian Long-term Projections for Furniture and
     Fixtures by Product Group/Segment – Household (Living Room,
     Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
     Office & Institutional Independently Analyzed with Annual
     Sales Figures in US$ Million for Years 2011 through 2015
     (includes corresponding Graph/Chart)                     III-137
     Table 157: Russian Historic Review for Furniture and
     Fixtures by Product Group/Segment – Household (Living Room,
     Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
     Office & Institutional Independently Analyzed with Annual
     Sales Figures in US$ Million for Years 1991 through 2000
     (includes corresponding Graph/Chart)                    III-138

     Table 158: Russian 15-Year Perspective for Furniture and
     Fixtures by Product Group/Segment – Percentage Breakdown of
     Value Sales for Household (Living Room, Bedroom, Kitchen,
     Dining Room, Bathroom, and Garden), and Office &
     Institutional for Years 1998, 2008 & 2012 (includes
     corresponding Graph/Chart)                           III-139

 4g. Rest of Europe                                    III-140
   A.Market Analysis                                   III-140
     Current and Future Analysis                           III-140
     Focus on Select Markets                              III-140
      Belgium                                      III-140
      A Historical Perspective                          III-140
       Table 159: Furniture Market in Belgium (2000): Percentage
       Breakdown of Imports by Country – The Netherlands,
       France, Germany, and U K (includes corresponding
       Graph/Chart)                                   III-140

       Table 160: Furniture Market in Belgium (2000): Exports (in
       € Million) by Country – The Netherlands, France, Germany,
       United Kingdom, USA, Spain, Luxembourg, Switzerland,
       Italy, Ireland, Portugal, Norway, Canada, and Others
       (includes corresponding Graph/Chart)                     III-141
      Czech Republic                                    III-141
       Prospects                                      III-141
      Denmark                                          III-142
      A Historical Perspective                            III-142
       Table 161: Furniture Market in Denmark (1997-2001): Key
       Statistics (In DKK Million) (includes corresponding
       Graph/Chart)                                     III-142

       Table 162: Furniture Market in Denmark (1997-2001):
       Production in DKK Million by Category – Wooden Dining Room
       and Lounge Furniture
Bedroom Furniture
Seating
       Furniture
Office Furniture
Mattresses, Quilts, etc.

       Kitchen Furniture
 Furniture Components
and Other
       Furniture (includes corresponding Graph/Chart)             III-143

       Table 163: Furniture Market in Denmark (1997-2001):
       Exports (in DKK Million) by Country – Germany, United
       Kingdom, USA, Sweden, Norway, France, The Netherlands,
       Switzerland, Japan, Austria, Belgium, Spain, and Other
       Countries (includes corresponding Graph/Chart)            III-143
      Norway                                         III-144
      Poland                                        III-144
      Demographics                                      III-144
      Distribution Channels                              III-144
      A Historical Perspective                           III-145
     Table 164: Furniture Market in Poland (2000): Percentage
     Breakdown of Production by Segment – Upholstered
     Furniture, Dining Sets, Kitchen Furniture, Children’s
     Furniture, Bedroom Furniture, and Others (includes
     corresponding Graph/Chart)                            III-145

     Table 165: Furniture Market in Poland (1999-2001): Key
     Statistics (In US$ Million) (includes corresponding
     Graph/Chart)                                     III-145

     Table 166: Furniture Market in Poland (2000): Percentage
     Breakdown of Suppliers by Country – Germany, Italy, Czech
     Republic, France, Sweden, Spain, United Kingdom, and
     Others (includes corresponding Graph/Chart)              III-145

     Table 167: Furniture Market in Poland (2000): Percentage
     Breakdown of Leading Buyers in the European Union –
     Germany, Belgium, Sweden, United Kingdom and Czech
     Republic (includes corresponding Graph/Chart)                III-146
    Switzerland                                     III-146
    The Netherlands                                    III-146
     Market Overview                                    III-146
     The Changing Face of Domestic Sector                       III-147
    Ukraine                                        III-147
     Table 168: House Furniture Market in Ukraine (2001):
     Percentage Breakdown by Furniture Type – Kitchen,
     Upholstered, Bedroom Suite, Drawing Room Suite, and
     Nursery (includes corresponding Graph/Chart)                  III-147
   Strategic Corporate Developments                           III-148
   Key Players                                      III-149
  B.Market Analytics                                   III-152
   Table 169: Rest of Europe Recent Past, Current & Future
   Analysis for Furniture and Fixtures by Product Group/
   Segment – Household (Living Room, Bedroom, Kitchen, Dining
   Room, Bathroom, and Garden), and Office & Institutional
   Independently Analyzed with Annual Sales Figures in US$
   Million for Years 2001 through 2010 (includes corresponding
   Graph/Chart)                                       III-152

    Table 170: Rest of Europe Long-term Projections for
    Furniture and Fixtures by Product Group/Segment – Household
    (Living Room, Bedroom, Kitchen, Dining Room, Bathroom, and
    Garden), and Office & Institutional Independently Analyzed
    with Annual Sales Figures in US$ Million for Years 2011
    through 2015 (includes corresponding Graph/Chart)          III-153

    Table 171: Rest of Europe Historic Review for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                     III-154

    Table 172: Rest of Europe 15-Year Perspective for Furniture
    and Fixtures by Product Group/Segment – Percentage Breakdown
    of Value Sales for Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional for Years 1998, 2008 & 2012 (includes
    corresponding Graph/Chart)                           III-155

5. Asia-Pacific                                      III-156
   A.Market Analysis                                    III-156
    Current and Future Analysis                             III-156
Asian Products Go International                            III-156
The China Phenomenon                                      III-156
Focus on Select Markets                                 III-157
 Australia                                      III-157
  Market Structure                                  III-157
  Openness to Imports                                   III-157
 China                                         III-158
  Market Overview                                    III-158
   Dining Room Furniture Market Continues to Escalate              III-158
   Kitchen and Bathroom Furniture Market                       III-158
   Demographics                                     III-159
    High Income Bracket                                III-159
    Medium Income Bracket                                 III-159
    Marriageable Segment                                 III-159
    Children’s Segment                                III-159
    Senior Citizens                               III-159
   Increasing Presence of Overseas Companies                     III-159
  Factors Contributing to the Growth of Furniture Sector          III-160
   Housing Sector Reforms                                III-160
   Redecoration                                    III-160
   Changing Concepts                                   III-160
  A Recent Past Perspective                              III-161
   Table 173: Leading Manufacturers of Chinese Style Living
   Room Furniture in China (2001): Percentage Breakdown for
   Zhejiang Tongxiang Huicai Rosewood Furniture, Shenzhen
   Holy Euro Furniture Manufacturing, Gaoyao Dawan Town
   Rosewood Craftwork Group, China Art Furniture, Jiangsu
   Mingjia Enterprise, Nanjing Qixing Padauk Furniture,
   Changshu Dongda Redwood Furniture, Changshu Wanhong
   Rosewood Furniture Plant Jiangsu, Ruian City Rongfa Red
   Sandalwood Furniture, and HongFa Furniture Factory
   (includes corresponding Graph/Chart)                       III-161

  Table 174: Leading Fabric Sofa Manufacturers in China
  (2001): Percentage Breakdown for Landbond Furniture
  Group, DongguanHuawei Industrial Group, Zuoyou Furniture,
  Beijing Tian Tan Furniture, Guangdong Gotop Corporation,
  Shenzhen Art Peak Industry, Shenzhen Xinnantian
  Industrial, Dalian Huafeng Furniture, Beijing Qiangli
  Furniture, and Fujian Putian Jinggong Furniture
  (includes corresponding Graph/Chart)                  III-162

  Table 175: Leading Sofa Manufacturers in China (2001):
  Percentage Breakdown for Guangdong Gotop Corporation,
  Dongguan Huawei Industrial Group, Dalian Huafeng
  Furniture, Shenzhen Xinnantian Industrial, Fujian Putian
  Jinggong Furniture, Shenzhen Art Peak Industry, Landbond
  Furniture Group, Chengdu Quanyou Furniture, Beijing Tian
  Tan Furniture, and Beijing Qiangli Furniture (includes
  corresponding Graph/Chart)                           III-163

  Table 176: Leading Sofa Bed Manufacturers in China
  (2001): Percentage Breakdown for Beijing HuoLi Furniture,
  Guangming Group, Dalian Huafeng Furniture, Guangdong
  Gotop Corporation, Landbond Furniture Group, Shenzhen
  Xinnantian Industrial, Beijing Tian Tan Furniture,
  Chengdu Quanyou Furniture, Zhongnan Furniture
  Industrial, and Beijing Qiangli Furniture (includes
  corresponding Graph/Chart)                          III-164

  Table 177: Leading Armchair Manufacturers in China
  (2001): Percentage Breakdown for Beijing Tian Tan
  furniture, Landbond Furniture Group, Beijing HuoLi
Furniture, Dalian Huafeng Furniture, Guangxi Ou Mei Bao
Wood Furniture Product, Shenzhen Art Peak Industry, Huahe
Furniture (Group), Beijing Qumei Furniture, Zhongnan
Furniture Industrial, and Double Leaves Furniture
Industry Company (includes corresponding Graph/Chart)     III-165

Table 178: Leading Coffee Tables Manufacturers in China
(2001): Percentage Breakdown for Chengdu Hongyang
Furniture Plant, Landbond Furniture Group, Chengdu
Quanyou Furniture, Beijing Tian Tan furniture, Tianjin
Fortune Furniture, Beijing Norya Ark Furniture, Huahe
Furniture (Group), Beijing Yuetan Furniture, Beijing
Great Wall Furniture Company, and Markor Furniture
Company (includes corresponding Graph/Chart)            III-166

Table 179: Leading Entertainment Center Furniture
Manufacturers in China (2001): Percentage Breakdown for
Chengdu Hongyang Furniture Plant, Yinlong Wood Industry
Co. Sichuan, Landbond Furniture Group, Dalian Huafeng
Furniture, Beijing Tian Tan Furniture, Shenzhen
Xinnantian Industrial, Beijing Norya Ark Furniture,
Dongguan Huawei Industrial Group, Huahe Furniture
(Group), and Shenzhen Art Peak Industry (includes
corresponding Graph/Chart)                          III-167

Table 180: Leading Bookcases and Bookshelves
Manufacturers in China (2001): Percentage Breakdown for
Freetone Bookcase Limited (Guangdong), Dalian Huafeng
Furniture, Beijing Tian Tan Furniture, Guangming Group,
Shenzhen Art Peak Industry, Kinglong Metal Industry
(Kunshan), Landbond Furniture Group, Tian Sin (Nanjing)
Products, Beijing Great Wall Furniture Company, and
Beijing Yuetan Furniture (includes corresponding
Graph/Chart)                                   III-168

Table 181: Leading Screen Manufacturers in China (2001):
Percentage Breakdown for Landbond Furniture Group,
Changzhou Harvest Furniture, Guangming Group, Zhejiang
Jinhua QiMu Furniture, Beijing Tian Tan Furniture,
Dalian Huafeng Furniture, Beijing Norya Ark Furniture,
Beijing Great Wall Furniture Company, Beijing Yuetan
Furniture, and Shenzhen Jiazhijia Industry (includes
corresponding Graph/Chart)                          III-169

Table 182: Leading Wall Unit Manufacturers in China
(2001): Percentage Breakdown for Landbond Furniture
Group, Beijing Tian Tan furniture, Dalian Huafeng
Furniture, Beijing Great Wall Furniture Company,
Guangming Group, Beijing Norya Ark Furniture, Huahe
Furniture (Group), Beijing Yuetan Furniture, Guangdong
Gotop Corporation, and Blue Bird Furniture Industry
Corporation (includes corresponding Graph/Chart)          III-170

Table 183: Leading Dining Table and Chair Manufacturers
in China (2001): Percentage Breakdown for Beijing Tian
Tan furniture, Dalian Huafeng Furniture, Guangming
Group, Tianjin Fortung Furniture, Landbond Furniture
Group, Guangxi Ou Mei Bao Wood Furniture Product, Wenzhou
Dingfeng Furniture, Shenzhen Southeast Furniture
Manufacturer Company, Wei Xiong Furniture Factory, and
Hong Kong Jingbi Group Fujian Putian Jinggong Furniture III-170

Table 184: Leading Dining Room Cabinet Manufacturers in
China (2001): Percentage Breakdown for Guangming Group,
Dalian Huafeng Furniture, Landbond Furniture Group,
Beijing Tian Tan furniture, Double Leaves Furniture
Industry Company, Shenzhen Dahaoxingli Furniture
Industrial, Hebei Blue Bird Furniture, Huahe Furniture
(Group), Markor International Furniture, and Shanxi
Catking Furniture Enterprise (includes corresponding
Graph/Chart)                                   III-171
Hong Kong                                      III-171
Market Overview                                   III-171
 Closer Economic Partnership Arrangement                   III-172
 Market Trends                                  III-172
 Distribution Scene                              III-173
 Product Trends                                 III-173
A Historical Perspective                          III-173
 Table 185: Home and Office Furniture Market in Hong
 Kong (2000): Exports (in US$ ‘000) by Country – China,
 Italy, Taiwan, USA, Malaysia, Germany, Sweden and Japan
 (includes corresponding Graph/Chart)                   III-173

 Table 186: Leading Manufacturers of Seats with Metal
 Frames in Hong Kong (2000): Exports (in US$ ‘000) by
 Country – China, Italy, USA, Taiwan, Germany, Malaysia,
 Japan, and Thailand                           III-174

 Table 187: Wooden Bedroom Furniture Market in Hong Kong
 (2000): Exports (in US$ ‘000) by Country – China, Italy,
 Denmark, Sweden, Indonesia, Malaysia, Germany and The
 Netherlands                                 III-174

 Table 188: Furniture Market in Hong Kong (2000):
 Percentage Breakdown of Exports by Country/ Region –
 USA, Japan, European Union, Mainland China, Canada,
 United Kingdom, and Others (includes corresponding
 Graph/Chart)                                 III-174

  Table 189: Furniture Market in Hong Kong (2000):
  Percentage Breakdown of Exports by Category – Wooden
  Furniture, Seats & Seat Parts, Metal Furniture,
  Mattresses, Furniture Parts, Plastic Furniture and Other
  Furniture (includes corresponding Graph/Chart)                III-175
India                                          III-175
 Market Overview                                     III-175
  A Lucrative Residential Furniture Market                  III-175
  Table 190: Furniture Market in India (2005): Percentage
  Breakdown by Category for Household Sector, Office
  Furniture, and Hotel Furniture (includes corresponding
  Graph/Chart)                                     III-176
  Cane Furniture                                   III-176
Indonesia                                        III-176
 The Manufacturing Sector                               III-176
 Raw Materials Prices Rally Due to Severe Shortages               III-177
 Smuggling Woes Worsen Indonesian Furniture Market                   III-177
 Industry Embraces Creativity to Stay Afloat                  III-177
 High Demand for Classic Furniture                         III-177
Korea                                           III-178
 Market Overview                                     III-178
  Table 191: Furniture Market in Korea (2002-2004): Key
  Statistics (In US$ Million) (includes corresponding
  Graph/Chart)                                     III-178
 Competitive Scenario                                 III-178
 Import-Export Market                                  III-179
  Table 192: Furniture Market in Korea (2003 & 2004):
  Imports (in US$ ‘000) by Country - China, Italy,
  Germany, USA, Vietnam, Japan, Malaysia, Indonesia,
  Thailand, and Others (includes corresponding
  Graph/Chart)                                  III-179

  Table 193: Furniture Market in Korea (2003 & 2004):
  Exports (in US$ ‘000) by Country - China, Japan, USA,
  Malaysia, Mexico, Uzbekistan, The Philippines, UAE,
  Russia, and Others (includes corresponding Graph/Chart)        III-179
 Import Requirements                                III-179
 Distribution Systems                             III-180
Malaysia                                      III-180
 A Recent Past & Historical Perspective                 III-181
  Table 194: Wooden Furniture Market in Malaysia (2001):
  Percentage Breakdown of Production by Category – Rubber
  Wood Furniture, Panel Based Furniture, and Hardwood
  Furniture (includes corresponding Graph/Chart)             III-181

  Table 195: Furniture Market in Malaysia (1999 & 2000):
  Exports (in Ringgit Million) by Type – Wooden, Metal,
  Mattress, Rattan & Plastic, and Others (includes
  corresponding Graph/Chart)                        III-181

  Table 196: Wooden Furniture Market in Malaysia
  (1999-2001): Exports (in Malaysian Ringgit) by
  Destination                                 III-182

  Table 197: Rattan Furniture Market in Malaysia
  (1999-2001): Exports (in Malaysian Ringgit) by
  Destination                                 III-185
New Zealand                                     III-186
 Office Furniture                              III-187
Singapore                                     III-187
 A Historical Perspective                         III-188
  Table 198: Furniture Market in Singapore (1999 & 2000):
  Exports in (S$ ‘000) by Country – Malaysia, USA, China,
  Italy, and Hong Kong S.A.R. (includes corresponding
  Graph/Chart)                                  III-188

  Table 199: Furniture Market in Singapore (1999 & 2000):
  Imports (in S$ ‘000) by Country – Hong Kong S.A.R.,
  Saudi Arabia, Malaysia, USA and United Kingdom
  (includes corresponding Graph/Chart)                  III-188
Taiwan                                       III-188
 Metal Furniture                               III-188
 Wooden Furniture                                III-189
Thailand                                     III-189
 Steel Furniture Market                           III-189
 Outlook                                     III-190
  Table 200: Furniture Market in Thailand (2003): Exports
  (in US$ Million) by Country - USA, Japan, UK, Canada,
  and Australia (includes corresponding Graph/Chart)         III-190

  Table 201: Furniture Market in Thailand (2003): Exports
  (in US$ Million) by Category - Wooden, Parts, Metal,
  Mattress Structures, and Others (includes corresponding
  Graph/Chart)                                  III-190
 A Historical Perspective                         III-191
  Table 202: Furniture Market in Thailand (1997-2000):
  Imports (in US$ Million) by Country – Japan, USA,
  United Kingdom, Germany, France, Canada, Australia, The
  Netherlands, Italy, Sweden and Others (includes
  corresponding Graph/Chart)                          III-191
    Table 203: Wooden Furniture Market in Thailand
    (1997-2000): Imports (in US$ Million) by Country –
    Japan, USA, United Kingdom, Canada, Germany, France,
    South Korea, The Netherlands, Australia, Italy and
    thers (includes corresponding Graph/Chart)         III-191

    Table 204: Metal Furniture Market in Thailand
    (1997-2000): Imports (in US$ Million) by Country –
    Japan, USA, Australia, United Kingdom, UAE, France,
    Germany, The Netherlands, Canada, Congo and Others
    (includes corresponding Graph/Chart)                    III-192
  The Philippines                                  III-192
   Table 205: Furniture Market in the Philippines (2003):
   Percentage Breakdown of Exports by Country - USA, Japan,
   United Kingdom, Australia, France, Saudi Arabia and
   Others (includes corresponding Graph/Chart)                 III-192
   A Historical Perspective                           III-193
    Table 206: Furniture Market in the Philippines (1999 &
    2000): Exports (in US$ Million) by Country – USA, Japan,
    France, The Netherlands, Great Britain and North
    Ireland, Australia, Spain, Saudi Arabia, Belgium, and
    Germany                                        III-193

    Table 207: Furniture Market in the Philippines (1999 &
    2000): Imports (in US$ Million) by Country – Malaysia,
    Taiwan, USA (Excluding Hawaii & Alaska), Japan, Hong
    Kong S.A.R., China, Germany, South Korea, Thailand, and
    Italy (includes corresponding Graph/Chart) (includes
    corresponding Graph/Chart)                          III-193

    Table 208: Furniture Market in the Philippines (1999 &
    2000): Exports (in US$ Million) by Raw Material Type –
    Wood Furniture, Rattan Furniture, Parts of Furniture,
    Metal Furniture, Stone Furniture, Bamboo Furniture,
    Furniture of Other Materials, Furnishings, Plastic
    Furniture, and Buri Furniture                        III-194
  Vietnam                                         III-194
   Market Overview                                    III-194
   Growing Focus on the US Furniture Market                     III-194
 Product Launches/Developments                               III-195
 Strategic Corporate Developments                            III-195
 Key Players                                       III-199
B.Market Analytics                                   III-200
 Table 209: Asia-Pacific Recent Past, Current & Future
 Analysis for Furniture and Fixtures by Product Group/Segment
 – Household (Living Room, Bedroom, Kitchen, Dining Room,
 Bathroom, and Garden), and Office & Institutional
 Independently Analyzed with Annual Sales Figures in US$
 Million for Years 2001 through 2010 (includes corresponding
 Graph/Chart)                                       III-200

 Table 210: Asia-Pacific Long-term Projections for Furniture
 and Fixtures by Product Group/Segment – Household (Living
 Room, Bedroom, Kitchen, Dining Room, Bathroom, and Garden),
 and Office & Institutional Independently Analyzed with
 Annual Sales Figures in US$ Million for Years 2011 through
 2015 (includes corresponding Graph/Chart)                   III-201

 Table 211: Asia-Pacific Historic Review for Furniture and
 Fixtures by Product Group/Segment – Household (Living Room,
 Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
 Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                    III-202

    Table 212: Asia-Pacific 15-Year Perspective for Furniture
    and Fixtures by Product Group/Segment – Percentage Breakdown
    of Value Sales for Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional for Years 1998, 2008 & 2012 (includes
    corresponding Graph/Chart)                            III-203

6. The Middle East                                      III-204
   A.Market Analysis                                    III-204
    Current and Future Analysis                             III-204
    Market Overview                                      III-204
    Focus on Select Markets                                III-204
     Egypt                                         III-204
     Israel                                       III-204
     Kuwait                                        III-205
     Saudi Arabia                                     III-205
     Turkey                                         III-205
     United Arab Emirates                                 III-206
      Construction Sector Set to Drive Growth for Furniture
       Industry                                     III-206
      End-User Study                                    III-206
    Strategic Corporate Development                            III-207
   B.Market Analytics                                   III-207
    Table 213: Middle East Recent Past, Current & Future
    Analysis for Furniture and Fixtures by Product Group/
    Segment – Household (Living Room, Bedroom, Kitchen, Dining
    Room, Bathroom, and Garden), and Office & Institutional
    Independently Analyzed with Annual Sales Figures in US$
    Million for Years 2001 through 2010 (includes corresponding
    Graph/Chart)                                       III-207

    Table 214: Middle East Long-term Projections for Furniture
    and Fixtures by Product Group/Segment – Household (Living
    Room, Bedroom, Kitchen, Dining Room, Bathroom, and Garden),
    and Office & Institutional Independently Analyzed with
    Annual Sales Figures in US$ Million for Years 2011 through
    2015 (includes corresponding Graph/Chart)                  III-208

    Table 215: Middle East Historic Review for Furniture and
    Fixtures by Product Group/Segment – Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                     III-209

    Table 216: Middle East 15-Year Perspective for Furniture and
    Fixtures by Product Group/Segment – Percentage Breakdown of
    Value Sales for Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional for Years 1998, 2008 & 2012 (includes
    corresponding Graph/Chart)                            III-210

7. Latin America                                       III-211
   A.Market Analysis                                    III-211
    Current and Future Analysis                             III-211
     Focus on Select Markets                               III-211
      Argentina                                      III-211
      Brazil                                       III-211
      Brazil Eyes US Furniture Market                        III-211
       End-Use Market                                   III-212
     A Recent Past & Historical Perspective              III-212
      Table 217: Wooden Furniture and Components Market in
      Brazil (2001): Percentage Breakdown of Exports by
      Furniture Type - Bedroom, Seats, Components, Kitchen,
      Office, and Others (includes corresponding Graph/Chart)   III-212

      Table 218: Finished Furniture Market in Brazil (2001):
      Percentage Breakdown of Exports by Region/Country -
      European Union, USA, Mercosur, and Others (includes
      corresponding Graph/Chart)                          III-212

      Table 219: Furniture Components Market in Brazil (2001):
      Percentage Breakdown of Exports by Region/Country - USA,
      European Union, Mercosur, and Others (includes
      corresponding Graph/Chart)                        III-213

      Table 220: Furniture Market in Brazil (1999 & 2000): Key
      Statistics (In US$ Million) (includes corresponding
      Graph/Chart)                                     III-213

      Table 221: Furniture Market in Brazil (2000): Percentage
      Breakdown of End-Use Type - Home, Office, and
      Institutional Organization (includes corresponding
      Graph/Chart)                                    III-213

       Table 222: Furniture Market in Brazil (2000): Imports of
       Various Products (In US$ Million) (includes corresponding
       Graph/Chart)                                     III-214
     Chile                                         III-214
     Mexico                                          III-215
   B.Market Analytics                                    III-216
    Table 223: Latin America Recent Past, Current & Future
    Analysis for Furniture and Fixtures by Product
    Group/Segment - Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional Independently Analyzed with Annual Sales
    Figures in US$ Million for Years 2001 through 2010
    (includes corresponding Graph/Chart)                        III-216

    Table 224: Latin America Long-term Projections for Furniture
    and Fixtures by Product Group/Segment - Household (Living
    Room, Bedroom, Kitchen, Dining Room, Bathroom, and Garden),
    and Office & Institutional Independently Analyzed with
    Annual Sales Figures in US$ Million for Years 2011 through
    2015 (includes corresponding Graph/Chart)                  III-217

    Table 225: Latin America Historic Review for Furniture and
    Fixtures by Product Group/Segment - Household (Living Room,
    Bedroom, Kitchen, Dining Room, Bathroom, and Garden), and
    Office & Institutional Independently Analyzed with Annual
    Sales Figures in US$ Million for Years 1991 through 2000
    (includes corresponding Graph/Chart)                    III-218

    Table 226: Latin America 15-Year Perspective for Furniture
    and Fixtures by Product Group/Segment - Percentage Breakdown
    of Value Sales for Household (Living Room, Bedroom, Kitchen,
    Dining Room, Bathroom, and Garden), and Office &
    Institutional for Years 1998, 2008 & 2012 (includes
    corresponding Graph/Chart)                           III-219


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