Explain the advantages and disadvantages of furniture industry agglomeration in Nankang District.

The advantages and disadvantages of furniture industry agglomeration in Nankang District are as follows.

1. Advantages: brand effect. The furniture industry in Nankang District has a large scale, many enterprises and all kinds, which has formed the brand effect of the furniture industry and enhanced the popularity and reputation of Nankang District in the furniture industry. Industry consolidation in Nankang District and the gathering of furniture industry have promoted the rapid development and efficient cooperation of production, distribution and marketing, formed a complete furniture industry chain, and provided a good support for the development of enterprises. Professional talents, Nankang District has a large number of professional furniture production talents. Their communication, learning and creation have influenced each other, which has improved the innovation ability of the whole industry.

2. Disadvantages: fierce competition. Due to the gathering of furniture industry in Nankang District, there are many enterprises and fierce competition. For smaller enterprises, the market pressure is greater. With the rising cost, the labor, land use and logistics costs of workers in Nankang District are getting higher and higher. In addition, in recent years, the cost of environmental protection has increased, and the cost of furniture has been rising, which has affected the profits of some enterprises. Under the pressure of innovation, the homogenization of furniture production in Nankang District is more serious. How to break through and innovate better has become a hot spot in the market, and it is also a challenge for leading the trend industry.