Vietnam Smart Furniture Market by Product Type (Smart Tables & Desks, Smart Stools & Benches, Smart Chairs, and Smart Beds), by End-user (Residential, and Commercial), and by Distribution Channel (B2C/Retail, and Contract) – Opportunity Analysis and Industry Forecast, 2024–2030
Industry: ICT & Media | Publish Date: 29-Jul-2025 | No of Pages: 105 | No. of Tables: 74 | No. of Figures: 39 | Format: PDF | Report Code : IC1157
Vietnam Smart Furniture Market Overview
The Vietnam Smart Furniture Market size was valued at USD 13.5 million in 2023, and is expected to reach USD 26.6 million by 2030, with a CAGR of 10.2% from 2024 to 2030. Smart furniture refers to modern furnishings and fixtures designed with embedded technology, sensors, and connectivity features that enhance their functionality, convenience, and usability.
These pieces of furniture are equipped with the ability to interact with users and adapt to various needs, often through remote control, via smartphone apps, or voice-activated virtual assistants. Smart furniture improves comfort, efficiency, and user experience in living, working, or recreational spaces by integrating elements such as adjustable settings, built-in charging capabilities, environmental sensors, and connectivity with other smart devices.
Rising Demand for Space-Saving and Multi-Functional Furniture in Vietnam’s Smart Furniture Market
Vietnam’s rapid urbanization—particularly in Ho Chi Minh City, Hanoi, and Da Nang—continues to drive demand for space-efficient interior solutions. As young professionals and families increasingly move into high-density residential complexes, the need to maximize limited square footage becomes paramount. Smart furniture that can fold away, expand, or transform (e.g., a wall-mounted desk that converts into shelving, or a bed that stows under the ceiling when not in use) directly addresses these constraints. Beyond private homes, co-living spaces and serviced apartments are also specifying multi-functional, tech-enabled furnishings to appeal to mobile tenants and digital nomads. In effect, space-saving features are no longer a “nice-to-have” but a baseline requirement for many urban households.
Increasing Disposable Income Fuels Growth in Vietnam’s Smart Furniture Market
Rising disposable incomes across Vietnam are playing a crucial role in driving the growth of the smart furniture market. As more individuals and families experience improved financial stability, they are more willing to invest in innovative furniture solutions that enhance comfort, convenience, and lifestyle efficiency. This increase in purchasing power is enabling a broader segment of the population to access smart furniture, which was previously considered a premium product.
With greater affordability, consumers are increasingly prioritizing quality and functionality in their home furnishings. The ability to afford advanced features like wireless charging, automated adjustments, and connectivity options is making smart furniture more attractive to Vietnamese households. This trend is expected to continue as incomes rise further, supporting sustained growth and innovation in the country’s smart furniture market.
High Cost and Affordability Challenges Restrain Vietnam’s Smart Furniture Market
The incorporation of advanced technologies and smart features into furniture significantly increases production costs, making smart furniture relatively expensive compared to traditional options. This high price point poses a major challenge for many potential buyers in Vietnam, especially among budget-conscious consumers who prioritize affordability over technological enhancements. As a result, the cost factor acts as a barrier that limits the widespread adoption of smart furniture across different segments of the market.
In a price-sensitive market like Vietnam, where a significant portion of consumers still focus on value for money, the premium pricing of smart furniture restricts its penetration, particularly in lower-income groups. Until production costs decrease and more affordable options become available, the growth of the smart furniture market may be somewhat restrained despite increasing awareness and demand for technologically advanced products.
Advancements in Home Automation Technology to Drive Future Growth in Vietnam’s Smart Furniture Market
Rapid progress in home automation technology is set to unlock significant opportunities for Vietnam’s smart furniture industry. As smart furniture becomes more seamlessly integrated with broader smart home ecosystems—such as voice-controlled assistants, smart lighting, and climate control systems—it offers greater convenience and usability to a wide range of consumers, regardless of their technical expertise. This integration enhances the overall smart home experience, making smart furniture an increasingly attractive option for Vietnamese homeowners.
Moreover, the collaboration between smart furniture and home automation technologies supports energy efficiency and sustainability, which are growing priorities for many consumers. By contributing to eco-friendly living environments through features like automated energy management, smart furniture aligns with global trends toward greener lifestyles. As user-friendly, stylish, and environmentally conscious smart furniture options continue to emerge, the market in Vietnam is well-positioned for robust growth in the coming years.
Competitive Landscape
Several market players operating in the Vietnam smart furniture industry include Herman Miller, Inc., Inter IKEA Systems B.V., Jager Furniture Manufacturer, Nghia Son Furniture, SMARTFURNITURE VIETNAM, SMHome Smart Furniture, Trimble Inc., Vietnam Smart Electronic Production Co.,Ltd, VIXFURNITURE COMPANY CO,LTD, and XHOME VIETNAM CORPORATION.
Vietnam Smart Furniture Market Key Segments
By Product Type
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Smart Tables & Desks
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Smart Stools & Benches
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Smart Chairs
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Smart Beds
By Enduser
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Residential
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Commercial
By Distribution Channеl
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B2C/Retail
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Big‑box/Home Centers
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Specialty Furniture Stores
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E‑commerce
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Contract (B2B Projects & Fit‑Outs)
Key Players
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Herman Miller, Inc.
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Inter IKEA Systems B.V.
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Jager Furniture Manufacturer
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Nghia Son Furniture
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SMARTFURNITURE VIETNAM
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SMHome Smart Furniture
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Trimble Inc.
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Vietnam Smart Electronic Production Co.,Ltd
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VIXFURNITURE COMPANY CO,LTD
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XHOME VIETNAM CORPORATION
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 13.5 Million |
|
Revenue Forecast in 2030 |
USD 26.6 Million |
|
Growth Rate |
CAGR of 10.2% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Million (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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