TAILIEUCHUNG - FURNITURE AND FIXTURES: A GLOBAL STRATEGIC BUSINESS REPORT

Considering Future Budget Surpluses. If, however, a steady economic recovery continues and the Legislature and the Governor keep a tight rein on state spending in the next couple of years, there is a strong likelihood that the state will have budgetary surpluses in subsequent years. The state has many choices for what to do with these surpluses. We advise the state’s leaders to begin building the reserve envisioned by Proposition 58 (2004) as soon as possible. Beyond building a reserve, the state must develop strategies to address outstanding retirement liabilities—particularly for the teachers’ retirement system—and other liabilities. The state will also. | FURNITURE AND FIXTURES A GLOBAL STRATEGIC BUSINESS REPORT MCP-2783 Contents I. INTRODUCTION METHODOLOGY PRODUCT DEFINITIONS II. EXECUTIVE SUMMARY 1. Global Market Outlook .II-1 Production Trade Current and Future Table 1 World Office Furniture Shipments 2005 E Percentage Breakdown of Sales by Product Type Systems Chairs Desks Casegoods Storage Tables and Others includes corresponding Graph Chart .II-2 2. Market Trends The Latest Alternatives on the Growing Significance of Recycled Office Furniture A New Lease of Life to Worn Out Furniture Renting The Smarter Way Advantages of Renting Increasing Demand for Kids Furniture 3. A Study of the Market Household Furniture Living Room Bedroom Kitchen Dining Room Bathroom Garden Summer and Casual Children s Office Furniture Ready-to-Assemble RTA RTA Manufacturing Distribution Not Just a Bargain 4. Raw Wood II-11 Plastic .II-12 Metal .II-12 Furniture 5. Select Markets USA .II-15 Canada .II-15 Japan .II-15 Europe .II-15 The United The Middle Latin Key Statistics -A Historical Table 2 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-18 Table 3 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 .

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