What is the trend of the furniture industry?

Updated on furniture 2024-07-18
2 answers
  1. Anonymous users2024-01-24

    An important member of the market economy, there is demand and market.

  2. Anonymous users2024-01-23

    The rapid development of the furniture industry has become a highly competitive and even fierce traditional manufacturing industry. In the context of rising logistics costs, increasing labor costs and decreasing land resources, the industrial transformation and upgrading of the Pearl River Delta and the Yangtze River Delta have made the traditional furniture industry present a new development pattern.

    According to the "2015-2020 China Furniture Industry Market Demand Forecast and Investment Strategic Planning Analysis Report" released by the Prospective Industry Research Institute, the traditional domestic furniture market has always been a three-point market, and the spheres of influence are distinct: Guangdong and Jiangsu and Zhejiang have always occupied the overseas and domestic high-end product market, and the third-ranked Sichuan furniture industry is committed to cultivating the domestic second- and third-tier cities, and even the county and town primary market, with no less than seventy percent of the market share. Its share of the high-end furniture market is only about 10%. Over the years, the direct competition between the two major furniture bases in Sichuan and the coast is not obvious, but the coastal furniture industry collectively "turns inward", and the two sides will inevitably go head-to-head.

    In addition, due to the large market in Henan Province, the traffic conditions make the logistics function stronger, which can make the rapid distribution of products, and the production and transportation costs have been greatly reduced.

    At present, China's furniture manufacturing industry is mainly concentrated in the Pearl River Delta, the Yangtze River Delta, the Bohai Rim, the Northeast and the West of the five regions, and the furniture production capacity of these five regions accounts for about 90% of the total production capacity of the furniture manufacturing industry.

    The core production areas of the country's five major furniture manufacturing industry clusters are Dongguan and Lecong in the Pearl River Delta, Jiangsu Likou in the Yangtze River Delta, Xianghe in Hebei in the Bohai Rim region, Chengdu in the western region, and Shenyang and Dalian in the northeast.

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