With $ 8 bn turnovers in a year, furniture market in Iran is one of the most profitable industries in the country. But the market still is not independent in providing the necessary raw materials including textile, wood, and fittings.

Demand for home or office furniture in Iran depends on many factors. The most important of them are economic growth, Construction section, and marriage rate. But on the supply side, since wood is the main feed of the industry and is mostly imported from abroad, the market is sensitive to the wood price. That price itself is under the influence of both exchange rate and transportation costs.

The market is supplied by both domestic and foreign producers. While the Iran-made furniture is usually about 30-40% cheaper, more people prefer the other one mainly because of its new design and higher-quality. This higher quality is primarily due to new processing and production methods foreign producers are using.

Data reveal that about 90% of demanders in this market prefer home-made furniture at the moment mainly because of its lower price. But this ratio will probably be decreased in reaction to old fashion designs and low quality of these products.

Even though the foreign furniture has a small share in the market, the market is primarily fed by imported wood and textile. In fact, most of the domestically produced furniture is made of imported wood and textile. The market also needs modern technology of timber processing and furniture manufacturing. So we can conclude that it would warmly welcome any supplier who is interested in this profitable and developing market by high-quality but in reasonable and competitive prices raw materials including wood and textile as well as those who can provide the market with modern related machinery.

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