China's furniture manufacturing enterprises up 25%

In recent years, with the real estate market gradually pick up, the furniture industry and therefore ushered in a good opportunity for development. From China's furniture manufacturing industry, the scale of industry assets continue to expand. According to the data show that from January to December 2016, China's furniture industry fixed assets investment 3067.6 billion yuan, an increase of 6.4%. As of the end of December 2016,sport chair folding beach chair the furniture industry total assets reached 541.66 billion yuan, an increase of 9.8%, industry liabilities total 267.79 billion yuan, an increase of 9.0%.

At the same time, the furniture market competition is becoming increasingly fierce, loss, collapse, transfer and other phenomena are common. Especially small and medium enterprises, with large enterprises, big brand channels gradually sink, suffered significantly increased shocks. Full competition will inevitably lead to increased brand concentration, some companies are eliminated by the market or will become a reality, industry reshuffle intensified. As of February 2017,best originality hardwood garden furniture China's furniture manufacturing enterprises, the number of 5777 units, of which 859 units of loss of business, the proportion of 14.87%, the cumulative loss of 750000000 yuan, the cumulative increase of 25%.

2016 is also a period of concentration of the furniture industry, the industry has undergone a major test - the decline in exports, domestic sales growth is slow, industrial restructuring to speed up the environmental protection requirements continue to improve, the tax reform continues,simple wood chair design the economic downward pressure, market demand changes and many more.

The future trend of the home market trends, will involve the commercial space form, business model, the overall custom, brand and other direction of the development. In recent years, custom furniture can cater to the preferences of consumers, market competition is also increasing, the future custom furniture industry to enter the higher threshold,counter height pub table the individual and technology have higher requirements, at the same time, for high-end consumer groups, They are more concerned about the quality and brand.

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