Evolution and transformation of China's furniture industry

 

The Chinese furniture industry has experienced an infancy and early growth in the past three decades, and is now in the middle stage of growth. It will not really enter the stage of growth and maturity until 2015. According to incomplete statistics, the total retail consumption of the whole society in 2009 increased by 15.5% over the previous year. The furniture industry exceeded the growth of construction, decorative materials and automobiles by 35.5%. In the first three quarters of 2010, total social retail consumption increased by 18.3%, of which the furniture industry contributed 38.4%, the fastest growing industry.

 

Romantic Korean Solid Wood Suite

 

At present, China's furniture production capacity has accounted for 25% of the world, becoming the veritable first furniture manufacturing country. In 1978, which had just been reformed and opened up, China's furniture had a market of 1.3 billion yuan, and now the total has reached more than 700 billion yuan. According to the average growth rate of 22.2% in the past three decades, by 2015, this industry will reach a total output value of 2.43 trillion yuan.

 

Nowadays, we are entering the "year of standing" furniture industry. The various specifications of the industry development are gradually becoming clearer, the characteristics of the industry are becoming increasingly apparent, and the development of the industry is becoming more and more mature. Summarizing the development and transformation of the furniture industry in the following aspects:

 

First, the formation of furniture factions and the start of the race

 

Although it is a group of heroes and endless disputes, some first-tier manufacturers with strong capabilities are bound to stand out and become the leading manufacturers in this industry. The entire market will form a situation in which leading forces, first-line brands and other manufacturers coexist.

 

Second, financing and listing, transformation and upgrading

 

The furniture industry needs capital to intervene. In a financial crisis that has not been encountered for a hundred years, most small and medium-sized enterprises have never felt panic about the capital chain. Even large furniture companies that have always been "not bad" have changed their concepts and eagerly want to invest in capital. Close up. In the field of circulation, such as the red star Macalline, which screamed the slogan listed in 2012, as well as Hundred Years, Huayuanxuan, etc., conspired to list on the GEM, and Dafuhao Furniture and Jinsheng Home also spread the message of listing. Not only in the field of circulation channels, manufacturing, but also in the service field, the industry has heard that the Shenzhen Furniture Industry Association has tried to rely on the exhibition, stores, industrial education colleges, furniture newspapers and other projects to go public. Some furniture companies have already completed management standards and Pre-IPO preparation, choosing a good advisory agency before IPO or waiting in line for approval will be an important part of achieving hope quickly.

 

Third, the store is mature and industrial real estate is emerging

 

What is industrial real estate? According to senior real estate experts, industrial real estate is based on the guidance of national industrial planning and policy support, based on industry, real estate as a carrier, and an integrated industrial value chain platform built by industrial shops, supporting office buildings, supporting Hotels, office buildings, standardized workshops, exhibition centers, R & D centers, information centers, logistics distribution warehouses, etc. are the development objects, integrating industry resources, integrating R & D, production, display, trading, exhibition, design, communication, promotion, office, financial services In one, form a regional industrial cluster center, build an industrial transaction distribution platform and integrated business circulation network covering hundreds of kilometers or even the world. (Editor: Peter)

 

Products extracted from stevia leaf

Stevia Leaf Extracts

Stevia Leaf Extracts,Stevia Erythritol,Stevia Candy,Sunwin Stevia

JINING USP INTERNATIONAL CO.,LTD. , https://www.uspintl.com

Posted on