Furniture is an important part of social material civilization and spiritual civilization. After more than 30 years of development, China's furniture products are becoming more and more abundant, and the number of industrial enterprises has increased significantly. By 2018, China’s retail sales of furniture above designated size reached 65.5 billion yuan. The following is an analysis of the current development of the furniture industry.

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The furniture industry is an important civilian production industry and an industry with significant international competitiveness in China's national economy. It plays an important role in meeting consumer demand, improving the quality of life, promoting international trade, fully absorbing employment, promoting regional economy, and building a harmonious society. According to the analysis of the furniture industry, with the improvement of the income level of residents and the gradual attention to the living environment, the individualized demand for furniture and household items is increasing. Customized furniture has become a new and rapid growth point in the field of furniture consumption in recent years by virtue of the efficient use of home space, the ability to fully reflect the consumer's personalized consumption needs, and the sense of modernity.

At the end of 2017, China's furniture industry reached 6,000 enterprises above designated size, an increase of 39 compared with the previous year. At the same time, there were 608 loss-making enterprises, an increase of 108 over the same period of the previous year, and the loss was 10.13%. Analysis of the development status of the furniture industry, the overall loss of the furniture industry in China continues to increase, the total loss in 2017 has reached 2.25 billion yuan, an increase of 320 million yuan over the same period in 2016.

In 2018, the retail sales of furniture above designated size was 65.5 billion yuan, up 9.00% year-on-year, and the growth rate decreased compared with the same period of last year. Among them, the retail sales of furniture above designated size was 17.4 billion yuan in April, up 8.10% year-on-year, lower than the previous year. 13.90% growth rate during the same period. Although it was suppressed by real estate regulation, the growth of home retail sales was basically the same as that of social growth. Driven by many factors such as new urbanization, household consumption upgrades, and channel and category penetration, it is considered that the mid- and long-term prosperity of the domestic domestic market is worry-free.

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According to the statistics of national soft furniture production, the output of national soft furniture reached 5.188 million in May 2018, an increase of 9.14 percentage points compared with the previous year, and the output in April increased by 5.54%. The furniture market analysis pointed out that the national software Furniture production in the first two months of January and February was 7.955 million pieces, an increase of 3.75% compared with the same period last year. From January to May 2018, the total output of national soft furniture production was 22.811 million pieces, an increase of 3.86% year-on-year.

Custom furniture is unique in the industry segment. In 2017, the total size of custom furniture in the three regions of East China, North China and Northeast China was about 58.294 billion yuan, a substantial increase of 13.060 billion compared with 2016. In 2018, the main business income of the furniture manufacturing industry increased by 10.10% year-on-year, which was 1.5pct higher than the growth rate of 8.60% in 2017. The analysis of the development status of the furniture industry, and the four major custom home furnishing enterprises represented by Sophia, Haolaike, Ou Pai furniture and Shangpin housing, during the period of 2012-2018, their main business income increased by more than 20%. This also confirms the rapid growth of the custom furniture industry from the micro level.

In 2019, it will be a key stage in the structural adjustment of China's furniture industry. The national main business income of the furniture industry has changed from a high-speed growth of 25.70% in 2011 to a medium-to-high-speed growth of about 10% in the past three years. The decline in growth in recent years has emphasized the importance of sustainable development of the entire industry. Enterprises should independently develop or introduce advanced equipment and technology from abroad to further reduce costs, improve product quality and production efficiency, instead of adopting traditional price wars. To win market share.

In general, furniture is closely related to people's daily life. Economic development will drive the overall progress of the furniture industry, and the development of the furniture industry can also reflect the material civilization and productivity of society. After years of accumulation and development, the advantages of China's furniture industry in terms of production scale, production efficiency, production cost, etc. have gradually emerged, and the status of international furniture trade has been continuously improved, and it has further developed into a global furniture product supply center