Where are the development opportunities for the home furnishing industry in 2022?(2)

Based on data from recent years, it is estimated that the global furniture market will reach US$650.7 billion in 2027, an increase of US$140.9 billion compared with 2020, an increase of 27.64%. Although the spread of the global epidemic in 2020 has affected the trade situation of the furniture industry to a certain extent, in the long run, the global furniture industry will be further integrated, the speed of brand concentration will be further accelerated, the scale advantages of leading enterprises will gradually become prominent, and the overall development quality of the industry will be further improved. promote.

So, how can SMEs gain a firm foothold in this bloody reshuffle, seize opportunities, and move closer to leading companies?

01

Application of new materials and new technologies

Will profoundly change the furniture industry

Throughout the development history of the furniture industry, every huge leap in the furniture industry is inseparable from the application of new materials and new technology. For a long time, easy-to-process natural raw materials such as wood and bamboo have always been the main materials for making furniture. Until modern steel and alloy materials were widely processed and applied, and furniture with steel and wood structures appeared, the function, shape and appearance of furniture were Many changes have been made, followed by the extensive use of polymer materials represented by PE, PVC, and ABS, which has prompted the furniture industry to iterate rapidly. Keeping up with the pace of the market trend and changing the strain can make the enterprise itself invincible.