The global furniture industry is going through a period of intense volatility. Raw material prices are not only rising but also changing too quickly for businesses to keep up. The world is witnessing the situation: “Quote today… outdated tomorrow.”

Market Reality

• Paints, adhesives & chemicals: increase ~15% to 30%
• Hardware accessories: increase ~10% to 25%
• Wood, MDF, Plywood : increase ~5% to 12%
• Packaging materials: increase ~10% to 15%

As a result, finished product costs have already risen by an average of ~8% to 15%, while the market shows no signs of stabilizing.

The Biggest Challenge

The real concern is not just the increase, but the uncertainty:

• Plan today → costs change tomorrow
• Commit to a price → margins shrink
• Hesitate → prices rise again

GDT’s Adaptive Strength

While many businesses are forced to constantly adjust prices and face pressure from suppliers, Duc Thanh Wood continues to maintain stability thanks to:

• Strong resources: over 4,000 m³ of wood always available in stock
• 35 years of experience: having weathered multiple volatile periods, enabling GDT to build exceptional adaptability
• Smart stockpiling strategy: ensuring a stable supply of raw materials and minimizing the impact of market fluctuations

Our Message

In a time when “prices are not only rising but also unstable,” competitive advantage does not lie in better design, but in better volatility management.

Duc Thanh Wood – Steadfast in turbulence, stable to accompany customers.

Huynh (Harry)