Hello! This is reuse select shop Fynd. Lately, we've been hearing a lot from customers saying, ``I feel like the prices of vintage furniture have gotten more expensive.'' It's true that the vintage furniture market has changed significantly over the past few years.
《Why are the prices of vintage furniture rising? 》
1. Lifestyle changes due to the coronavirus pandemic
Working from home has become established, and people are becoming more interested in their home living environment. In particular, demand for unique, high-quality vintage furniture is rapidly increasing. Even people who were not particular about furniture in the past have started to place importance on the quality of the spaces in which they spend long hours.
2. Increasing awareness of sustainability
As environmental awareness increases, more consumers are choosing reused products rather than buying new ones. Especially among the younger generation, choosing vintage furniture is seen as a sign of environmental friendliness.
3. Expansion of overseas demand
Japanese vintage furniture has been highly praised overseas, and exports have become active. Domestic high-quality products are being shipped overseas, and supply shortages are causing prices to rise.
《Actual status of price fluctuations by age and brand》
950s to 1960s (mid-century period)
- price range: 100,000 yen to 500,000 yen
- popular brands: Herman Miller, Knoll, G-PLAN
- price fluctuation: Increased by about 30-50% in the past 5 years
Furniture from this era is often a masterpiece that combines both design and functionality, and is in high demand for collectors. G-PLAN is a furniture brand launched in 1952, and in the 1960s it became so popular that it was said to be a symbol of London's urban dwellers.
1960s-1970s (Nordic Vintage Golden Age)
- price range: 50,000 yen to 300,000 yen
- popular brands: TEAK, Skovmand & Andersen, Finn Juhl
- price fluctuation: Increased by about 40% in the past 3 years
Scandinavian vintage is especially popular in Japan, and the price of furniture made from high-quality teak wood is on the rise.
1970s-1980s (postmodern period)
- price range: 30,000 yen to 200,000 yen
- popular designers: Verner Panton, Arne Jacobsen
- price fluctuation: Up about 25% in the past two years
Furniture from this era was relatively affordable, but prices have risen markedly in recent years.
《Five factors that affect price》
1. Designer brands
When it comes to works by famous designers or products from long-established brands, the name value greatly influences the price.
2. Scarcity
Products that are produced in small numbers or exist in small quantities are traded at high prices due to their scarcity value.
3. Condition
The price is directly related to whether the original condition is maintained, the quality of the repair, and the degree of use.
4. Material
Premium wood products such as real teak, rosewood, and walnut will cost more.
5. Historical background/story
The cultural background of the era in which it was manufactured and the episodes surrounding the furniture also affect its value.
《Recent price fluctuation trends》
Rapid rise since 2020
- Overall average price increase of approximately 35%
- Particularly popular brands have seen increases of over 50%.
- The spread of online sales increases the transparency of price information
Analysis of factors behind price increases
- Increase in demand: 40%
- shortage of supply: 30%
- overseas demand: 20%
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Inflation impact: 10%
《Future price prediction》
・Short-term forecast (2025-2027)
Although prices will continue to rise, the rate of increase is expected to be moderate. The annual rate of increase is expected to be around 10-15%.
・Mid-term forecast (2028-2030)
Prices may enter a period of stability as the market matures. However, prices for high-quality products are expected to remain high.
・Long-term forecast (after 2030)
Products with true value are recognized as assets and are expected to continue to rise in price. On the other hand, there is also the possibility that market polarization will increase.
《What is the wise timing to buy? 》
Why now is the time to buy
- There is still room to rise: Compared to overseas markets, the Japanese market is cheap.
- Decrease in quality products: As time passes, products in good condition become rarer.
- Rising interest rate phase: Value as a real asset is attracting attention
Points when purchasing
- Purchase at a trusted specialty store
- Confirmation of repair/maintenance system
- Selection taking into account the possibility of future sale
《Summary》
The market price of vintage furniture continues to rise due to a variety of factors. Price increases are particularly noticeable for rare products and popular brands, and are expected to continue.
We hope that you will appreciate the charm of vintage furniture, not only for investment purposes, but also as beautiful furniture that can be used on a daily basis. The best thing is to actually hold it in your hands and feel its texture and history.
At Fynd, we offer carefully selected vintage furniture at reasonable prices. Please feel free to visit our store and our professional staff will be happy to answer your questions. We will help you find a product that will enrich your life.
