The Development of Furniture Industry

- Nov 26, 2018-

Glass Desktop Bar Furniture

The development trend of China's furniture industry

With the recovery of the global economy, people's living standards continue to improve, and more and more people are paying attention to furniture. Throughout the past 10 years, the Chinese furniture industry has experienced a period of rapid development. During this period, the development of the furniture industry was mainly based on the expansion of quantity, complete categories, and a complete industrial system in line with international standards. Furniture products have met the needs of people's living needs and the international market.

In the next 5 to 10 years, under the background of the international furniture industry transfer, the Chinese furniture industry will enter a second period of rapid development. Modern technological advancement promotes the increasingly large-scale production of furniture, and the drastic changes in cost and price will quickly break the original competitive landscape; the introduction of automatic production lines will inevitably increase investment in fixed assets, which will inevitably reduce labor costs and production efficiency; large-scale production and standardization Production is possible. In the new stage of industrial development, the competition for the furniture industry will become inevitable.

In the face of fierce competition, what kind of sustainable development path should Chinese furniture companies take? This is a strategic issue of great concern to our industry. In the next five to ten years, the Chinese furniture industry will inevitably undergo large-scale and large-scale industry integration. A large number of small and medium-sized enterprises will be eliminated. A few outstanding enterprises will stand out in the industry by virtue of brand, quality, service and scale. In the future, the Chinese furniture industry will It is developing in three directions: refinement, scale, and branding.