In today’s globalized economy, analyzing key players in the furniture industry provides invaluable insight into international trade dynamics. One such prominent name is TITANIC FURNITURE INC. Leveraging NBD DATA, we aim to uncover how TITANIC FURNITURE INC positions itself within the competitive landscape of furniture manufacturing and trade, providing a detailed understanding of its sourcing strategies, major partners, and product portfolio. This analysis will help not only understand the key trade channels of TITANIC FURNITURE INC but also its influence on the furniture sector in major global markets.

Titanic Furniture Inc. and Its Regional Variants

Operating across multiple locations, TITANIC FURNITURE INC is often identified under different regional names, reflecting its broad operational footprint and partnerships:

• TITANIC FURNITURE GEORGIA
• TITANIC FURNITURE CHICAGO
• TITANIC FURNITURE O/B REEKO FURNITURE INC.
• TITANIC FURNITURE PUERTO RICO
• TITANIC FURNITURE- MEMPHIS
• TITANIC FURNITURE-LA
• TITANIC FURNITURE INC.

These different names reflect the logistical complexities and widespread influence TITANIC FURNITURE INC has in the North American market. A diverse portfolio like this enables it to leverage regional advantages and strengthen its market presence.

Main Procurement Regions for Titanic Furniture Inc.

TITANIC FURNITURE INC sources products from several key international markets. The data from NBD DATA shows the major procurement regions are:

1. China: This is unsurprising, as China is a dominant supplier of raw materials and finished furniture products due to its vast manufacturing capacity.
2. Korea: Known for its high-quality finishing and modern designs.
3. Panama: A logistics hub for importing goods into Latin American markets.
4. Singapore: Playing a key role in the distribution across Southeast Asia.
5. Vietnam: A major furniture manufacturing hub, benefiting from competitive production costs and high-quality craftsmanship.

The emphasis on sourcing from Vietnam stands out, as the country has become an essential node in the global furniture supply chain. Vietnam's competitive manufacturing capacity combined with quality production aligns well with TITANIC FURNITURE INC's business strategy.

Key Suppliers of Titanic Furniture Inc.

TITANIC FURNITURE INC collaborates with several prominent suppliers, primarily in the Asian region. The main suppliers, ranked by trade volume, include:

• CHANG BAO VIET NAM CO., LTD.
• DING YUAN VIETNAM SOFA COMPANY LTD.
• VIEW FULL VIET NAM CO., LTD.
• KING JADE INDUSTRIAL CO., LTD (VN)
• UDM COMPANY LIMITED

These suppliers provide a variety of products, including wooden furniture, sofas, and other essential furniture components. DING YUAN VIETNAM SOFA COMPANY LTD., in particular, has been a vital supplier, providing a range of sofa furniture items that align with the aesthetic preferences and price points demanded in North American markets.

Key Imported Products and HS Codes

The major imported products by TITANIC FURNITURE INC include a variety of high-demand furniture items. These are detailed below with their corresponding HS Codes:

1. 940350 - Wooden furniture, used in bedrooms and living rooms.
2. 940399 - Parts of furniture, including legs, supports, and tabletops.
3. 940161 - Upholstered seats, emphasizing comfort and modern design.
4. 940171 - Seating furniture, designed for households.
5. 940360 - Other wooden furniture, covering a wide array of uses.

These imports showcase TITANIC FURNITURE INC's emphasis on quality while also ensuring versatility across its product range. The wooden furniture and sofa products contribute substantially to their competitive standing in North America, particularly in the residential furniture market.

Product Portfolio Insights

The detailed descriptions of TITANIC FURNITURE INC's imported products reveal a focus on bedroom and living room furniture, specifically items such as:

• Sofa Furniture: Ranging from single-seaters to larger sectional sofas.
• Wooden Furniture: Including bedside cabinets and dressing cabinets made from pine wood, Melaleuca wood, and rubber wood.
• Bedroom Sets: Twin/full beds, bedside tables, and wardrobes, often constructed with a combination of MDF boards, PB boards, and Chinese plywood.

These products are often crafted in Vietnam before being shipped to the United States, where TITANIC FURNITURE INC ensures they meet the preferences of the American market. The high quality of these goods, combined with competitive pricing, gives them a distinct advantage in this space.

Conclusion

TITANIC FURNITURE INC is a key player in the global furniture market, leveraging international suppliers like CHANG BAO VIET NAM CO., LTD. and DING YUAN VIETNAM SOFA COMPANY LTD. to create a diverse product portfolio that meets consumer needs across North America. The company's extensive use of NBD DATA highlights its robust sourcing and procurement strategies, focusing on reliability, competitive pricing, and high-quality production. Understanding its strategic partnerships, product imports, and procurement regions provides a comprehensive view of how TITANIC FURNITURE INC sustains its competitive edge and remains an industry leader in modern furniture supply chains.