Year: 2024
Type: article
Abstract: The Malaysian rubber wood furniture industry has established itself as a prominent player in the global market, renowned for its high-quality craftsmanship, sustainable practices, and innovative products.Leveraging the abundant supply of rubber wood from the Hevea brasiliensis tree, this industry has evolved significantly since the early 20th century, with major production hubs in Johor, Selangor, and Penang.The industry's commitment to environmental responsibility and product excellence has attracted global consumers, contributing significantly to Malaysia's economy.This paper provides an in-depth analysis of the industry's historical development, highlighting its transformation from utilizing rubber wood as a by-product of the latex industry to becoming a primary material in furniture manufacturing.A SWOT analysis reveals the industry's strengths, including an abundant raw material supply and a skilled workforce, alongside challenges such as fluctuating raw material prices and competition from other wood-based furniture industries.Key strategies for successful global market expansion are explored, emphasizing the importance of product diversification, establishing a robust e-commerce presence, and forming strategic partnerships.The findings also addresses the need to comply with regulatory requirements for exporting rubber wood furniture and the role of government support in enhancing the industry's growth.This study concludes that Malaysia's rubber wood furniture industry, by leveraging its strengths and addressing its weaknesses, is well-positioned to expand its global footprint.The study provides significant contributions in embracing national e-commerce, fostering strategic alliances, and continuously innovating will be crucial in navigating international markets and meeting the growing demand for eco-friendly and high-quality furniture.
Institution: University of Technology Malaysia
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405555600