In 2024, the Malaysian plastic furniture market increased by 209% to $72M, rising for the second consecutive year after six years of decline. Over the period under review, consumption enjoyed a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

In Malaysia Wooden Furniture Market is projected to grow from USD 92.5 billion in 2025 to USD 137.4 billion by 2031, at a CAGR of 6.8%

In 2024, the Malaysian wooden bedroom furniture market decreased by -22% to $107M for the first time since 2021, thus ending a two-year rising trend. Overall, the total consumption indicated a mild expansion from 2012 to 2024: its value increased at an average annual rate of +1.6% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +47.6% against 2021 indices.

Malaysia Bedroom Furniture Market growth is driven by multifunctional spaces for rest, work, and entertainment, the demand for versatile and high-quality furniture is expected to rise steadily.

In Malaysia Horeca Furniture Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,

Malaysia Home Furniture Market growth is driven by rising disposable incomes, urbanization, and trends in home renovation and smart living, the market is witnessing strong demand across developed and emerging economies.

In 2024, the Malaysian sewing machine furniture market increased by 3.4% to $7.1M, rising for the fifth year in a row after two years of decline. Overall, consumption, however, showed a measured expansion. Over the period under review, the market hit record highs at $103M in 2017; however, from 2018 to 2024, consumption remained at a lower figure.

The Luxury Furniture Market In APAC report segments the industry into Product Type (Lighting, Tables, Chairs and Sofas, Accessories, Bedroom, Cabinets, Other Product Types), End-User (Residential, Commercial), Distribution Channel (Home Centers, Flagship Stores, Specialty Stores, Online, Other Distribution Channels), and Geography (Japan, India, China, Singapore, Malaysia, Other Asia-Pacific Countries).

The Malaysian wooden office furniture market was finally on the rise to reach $117M in 2024, after two years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. Wooden office furniture consumption peaked at $136M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

Malaysia Rattan Furniture Market is expected to grow during 2025-2031

Imports of furniture of materials other than metal, wood or plastic in Malaysia totaled X tons in 2017, jumping by X% against the previous year. In general, imports of furniture of materials other than metal, wood or plastic continue to indicate a strong expansion. The growth pace was the most rapid in 2012, when the imports increased by X% against the previous year.

In 2024, the Malaysian metal domestic furniture market increased by 3.5% to $636M, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +2.6% from 2012 to 2024; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Metal domestic furniture consumption peaked in 2024 and is expected to retain growth in the immediate term.

In Malaysia Office Furniture Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,

The Malaysian furniture and parts thereof market surged to $1.3B in 2024, increasing by 19% against the previous year. Overall, consumption enjoyed a buoyant increase. Furniture and parts thereof consumption peaked in 2024 and is likely to see gradual growth in years to come.

In 2024, the Malaysian wooden furniture treatments market was finally on the rise to reach $12M after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $16M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

The Malaysian plastic furniture fittings market soared to $47M in 2024, increasing by 75% against the previous year. In general, the total consumption indicated moderate growth from 2012 to 2024: its value increased at an average annual rate of +2.0% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -18.8% against 2022 indices.

Demand for wooden furniture and upholstered seat products peaked in 2020-21, fuelled by increased consumer spending on home upgrades and renovations during and after pandemic lockdowns. Since then, the industry has encountered several challenges to maintaining consistent revenue growth. Import competition, especially from countries like China, Vietnam and Malaysia, continues to pose a significant challenge. Furniture retailers sourcing from these countries benefit from lower manufacturing costs, allowing them to offer competitively priced products. These low-cost furniture products are especially attractive to consumers dealing with limited discretionary income and rising living expenses, making it difficult for domestic manufacturers with higher production costs to compete effectively. Rising timber prices over the past five years have exacerbated demand downturns, with manufacturers often reluctant to fully pass on these higher costs in a market dominated by imports. As a result, domestic manufacturers have increasingly focused on premium and bespoke products, moving away from the unprofitable, low-cost segment now largely controlled by imported furniture. Although industry revenue is anticipated to grow at an annualised rate of 1.0% over the five years through 2025-26, reaching $4.5 billion, increased import competition and ongoing discretionary income pressures are expected to cause a 0.6% drop in revenue from 2024-25. While import competition has been a significant challenge for industry revenue in recent years, the pace of import penetration is projected to gradually slow over the next five years. This is set to stem from a growing preference for Australian-made furniture, as it’s seen as higher quality and aligns better with current and local interior design trends than inexpensive, standardised imports. A rebound in discretionary income and renewed consumer confidence will further stimulate demand for premium, bespoke Australian products, supporting profitability and revenue growth over the next five years. The industry will also gain from a robust upholstered seat manufacturing segment, which mainly supplies domestically produced trains, trams and buses. Demand for this segment is set to rise over the coming years as infrastructure spending grows to meet the needs of an increasingly urban population. Overall, industry revenue is forecast to rise to $4.6 billion through the end of 2030-31, representing an annualised growth rate of 0.7%.

Malaysia E-Commerce Market is Segmented by Business Model (B2C, B2B), Device Type (Smartphone / Mobile, Desktop and Laptop, and More), Payment Method (Credit / Debit Cards, Digital Wallets, BNPL, and More), B2C Product Category (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverages, Furniture and Home, and More). The Market Forecasts are Provided in Terms of Value (USD).

Malaysia High Pressure Laminate Market size was valued at USD 94.9 Million in 2024 and is projected to reach USD 128.42 Million by 2031, growing at a CAGR of 4.25% during the forecast period 2024-2031.

Malaysia High Pressure Laminate Market Drivers

Growing Construction and Real Estate Sector: As Malaysia's real estate and construction industries grow, so does the need for long-lasting and visually pleasing materials like HPL for use in commercial, industrial, and residential buildings.

Infrastructure Development and Urbanization: Malaysia is seeing rapid infrastructure development and urbanization, which is driving demand for premium building materials like HPL, which is prized for its longevity and simplicity of maintenance.

A greater emphasis on interior design and aesthetics has resulted in a greater demand for HPL, which provides a broad selection of colors, patterns, and textures appropriate for a variety of design tastes. This is due to the growing interest of consumers in contemporary and fashionable interior designs.

Technological Developments in HPL Production: Better laminate durability and resistance to wear and tear are examples of innovations in HPL manufacturing technology that make HPL a more appealing material option for designers and architects.

APAC Medium-Density Fiberboard Market size was valued at USD 51.80 Billion in 2024 and is projected to reach USD 99.19 Billion by 2032, growing at a CAGR of 8.46% from 2026 to 2032.Booming Construction and Housing Sector: The Asia-Pacific construction market is projected to reach $7.3 trillion by 2025, growing at a CAGR of 6.5% from 2020. China alone accounts for nearly 22% of the global construction output, with residential construction increasing by 8.7% annually since 2018. The region's annual housing starts exceeded 18 million units in 2023, creating substantial demand for cost-effective building materials, including MDF for interior applications, furniture, and cabinetry.Expanding Furniture Manufacturing Industry: APAC countries now account for 63% of global furniture production, with China, Vietnam, and Malaysia emerging as major manufacturing hubs. The region's furniture exports reached $94 billion in 2022, representing a 12% year-on-year increase. Vietnam's wooden furniture exports alone grew by 18% in 2022, reaching $13.2 billion. This manufacturing expansion has significantly increased the consumption of MDF, which is utilized in approximately 54% of all wooden furniture produced in the region.