What is the future development trend of new Chinese solid wood furniture?

With the rapid growth of China's national economy, furniture, as a bulk consumer product, has been expanding with the rapid improvement of people's living standards and the rapid development of urbanization.

At the same time, the competition in the furniture market is becoming increasingly fierce, and losses, closures and career changes are not uncommon. Especially for small and medium-sized enterprises, with the gradual sinking of large enterprises and brands, the impact has increased significantly. Full competition will inevitably lead to the improvement of brand concentration, some enterprises will be eliminated by the market or will become a reality, and the reshuffle of the industry will intensify.

According to the analysis of China Furniture Industry Market Demand Forecast and Investment Strategic Planning Analysis Report, at present, the concentration of China furniture industry is not high, and only a few well-known enterprises occupy a very small market share, so the industry concentration is not high. At present, the domestic furniture industry is in the process of transforming from traditional industry to modern industry, from low-end replication to independent innovation, and from extensive investment to intensive management. With the gradual maturity of the domestic furniture market, the demand for customization in the furniture industry is increasingly obvious.