Furniture has been developing and innovating in the footsteps of the times. Nowadays, there are many kinds of products, different materials, complete varieties and different uses, which is one of the indispensable parts of family life. In recent years, China's furniture retail market has grown steadily, maintaining a double-digit average growth rate in the first ten months of 2016. According to the data of the Prospective Industry Research Institute, from January to October 2016, the retail sales of furniture products in China was 221.3 billion yuan, up 13.5% year-on-year; the retail sales in October was 26.25 billion yuan, up 11% year-on-year.
The following is the statistics of the retail sales of furniture products in China from April to October in 2016:
Monthly retail sales and growth rate of China's furniture products from January to October 2016:
According to the “2017-2022 China High-end Furniture Industry Market Evaluation Analysis and Investment Value Consulting Research Report†released by Boss Data, the cumulative sales of China's furniture retail sales in the first half of 2016 was 124.95 billion yuan, a cumulative increase of 15.6%.
In the first half of 2016, the cumulative sales of China's furniture retail sales reached 124.95 billion yuan, a cumulative increase of 15.6%.
During the “Thirteenth Five-Year Plan†period, China’s furniture industry has established a growth target of maintaining the main business income of 9%-10% annually. Based on this, the main business income of the furniture manufacturing industry after five years is estimated to be about 1.21-1.27 million. About 100 million yuan.
According to the “China Furniture Industry Market Demand Forecast and Investment Strategy Planning Analysis Report†issued by Forward Industry Research Institute, with the rapid development of mobile Internet, in order to adapt to the diversified development pattern of the market and expand marketing channels, home furnishing enterprises have adopted “online promotionâ€. The + offline experience approach steadily implements the offline and online O2O business model to meet growing consumer trends and demand and improve market competitiveness.
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