Homeware products, shipping situation and related issues

This article will send you the most lost information about the world port market as well as other useful information related to the cost of shipping homeware products.

Port congestion is still happening at many ports in the US, and freight rates drift lower. In 2020, retail e-commerce revenue from furniture and homeware sales amounted to $52.6 billion and was projected to increase to over $61.2 billion in 2025

Homeware products and and the shipping crisis at U.S. port

Port congestion is still happening at many ports in the US. As a result, most home appliance suppliers now support routing with their ports of destination and have stopped providing service to the US interior as usual.

The Port of Savannah, one of the largest ports in the United States, is running out of space to hold cargo, especially bulky, large homeware products. As major ports deal with large backlogs of cargo now being seen as a new reality that could require a significant rethink of the world’s maritime infrastructure.

The containers heaped on ships stranded at sea and massed on riverbanks are the inverse of the scarcity of the completed product at stores. The backlog at warehouses results from a lack of truck drivers to transport the homeware products to their final destinations.The containers stacked on the riverbanks were surely full of holiday decorations such as rugs, basket or poufs, baking sheets, gifts, and other materials for the greatest consumption wave on earth. “Will they get to retailers in time?” is the tough question of this time.

Good news for homeware product manufacturers

Freight Rates Drift Lower After a Record Setting Climb. 

For example, freight for one 40ft container exported from Hai Phong to New York port has just decreased to USD 15,000 per container (while it used to be USD 18,000 – 20,000 in previous months). Besides, peak season is coming and the demand for space will increase and no one could forecast whether the freight will increase or not.

Homeware or Homeware Products is one of the fastest-growing DTC categories in 2021

Furniture and home furnishing sales account for 12.3% of total retail e-commerce sales in the U.S. In 2020, retail e-commerce revenue from furniture and homeware, homeware products sales amounted to 52.6 billion U.S. dollars and was projected to increase to over 61.2 billion U.S. dollars in 2025, according to Statista.

On top of this, the housing market boom has also contributed to the boost in furniture sales. The e-commerce surge that started as a necessity due to the lockdown has slowly transformed into a behavioural shift. According to Blueprint, homeware products are one of the fastest-growing DTC categories in 2021.

In 2020, DTC furniture companies accounted for a monthly average of 49% of furniture sales — growth accelerated by the pandemic. And while by 2020, traditional retailers’ sales declined an average of 3% year over year (YoY), the average monthly YoY growth for DTC brands reached 67%.

Things to learn for homeware products manufacturers

With what we have just been informed of, we can see that to minimise freight problems around homeware products shipping. Manufacturers need to meet the minimum condition, which is space-saving goods for suppliers. And Foldable baskets can reduce logistics costs, including transportation, warehouse space, inventory carrying.

When traveling in containers, collapsible goods make the most use of space, even the tight and flat top inner space of 10ft, 20ft, and 40ft steel boxes.

Cost-saving with 20ft containers

Currently, Vietnam is facing a shortage of 40ft containers while 20ft containers are available at many inland depots.

The value of merchandise under a 20ft container is much lower than the current freight rate due to the dimension of the goods. Because of its flexibility and stability, the value of 20ft containers can be even higher than that of 40ft containers with foldable items of homeware products. The goods can be stuffed even in the residual spaces.

Collapsible furniture may fill 2 to 3 CMB of one container with 300 to 400 items. You may take full advantage of this smart function to increase the value of your order by using existing containers that you have already placed from Vietnam. More items may be added to its tight and flat interior top areas, ensuring that your valuable shipping space is never wasted.

Importers benefit greatly from foldable homeware products in terms of transportation

The shipping and packaging process for traditional basket products can take a long time. Then foldable items will be the most effective way to address this issue.

With our foldable baskets, the preparation time for an order is minimized, and the seagrass basket manufacturer can handle it without spending hours packaging, shipping it. At the same time, ship several orders of enormous numbers of foldable baskets. It, therefore, assists in bringing the benefit of transportation without having to spend a lot of freight or transporting additional orders.

At the same time, ship several orders of enormous numbers of foldable homeware products. It, therefore, assists in bringing the benefit of transportation without having to spend a lot of freight or transporting additional orders.

Why Viet Trang Handicrafts is your top trusted partner in Vietnam?

Viet Trang Handicraft is a top trusted natural homewares manufacturer and wholesaler from Vietnam.

• We are: Export expertise

Working with diversified customers from all five continents in more than 20 countries has brought us professional export practices.

• We care: Sustainable lifestyle

We love the earth and the people living on it. We would love to do good by doing business. Creating good-for-earth products and paying respects to local farmers and weavers.

• We think: Another Mindset Of Handicrafts

We provide high-quality handwoven homewares with more than 250 designs of baskets, 150 models of crafted rugs and handwoven furniture. Moreover, we offer the best value for your business with our dedicated design support and modern B2B platform.

We understand your supply chain requirements and all concerns, such as shipping, packaging and everything for international shipments.

Above is the useful information about shipping and homeware products that we want to provide you. Hopefully, the information will contribute to building a cooperative relationship between us. Book a call with us to get the full collection and become our partner to get the best deals on the best quality foldable baskets.