Recently, at the 2015 meeting of the Sichuan Furniture Industry Chamber of Commerce, Zhu Changling (left), chairman of the China Furniture Association, gave a speech. He summarized the development of China's furniture industry in 2015, and the output value of profits is more optimistic than the overall situation of double growth; but overcapacity has made China's furniture industry's top priority in 2016 still a transformation and upgrading.

Output value, profit, and overall growth in exports

Zhu Changling said that China's furniture industry has become "the world's first" - the output value of Chinese furniture accounts for 40% of the world's total furniture output; the export volume of Chinese furniture is also the world's first, last year's export volume of 53 billion US dollars, accounting for the world's total exports 38% of China... China has become a major furniture producer, a major furniture exporter and a major consumer of furniture. The overall situation of the furniture industry is still good: from January to October 2015, the output value of enterprises above designated size in the Chinese furniture industry increased compared with the same period last year. 9.66%, the profit increased by 17.54%, the growth of profit was higher than the growth of output value, indicating that the profit and output value of China's furniture industry is directly proportional. In terms of exports, from January to October 2015, a total of 44.1 billion US dollars was completed, an increase of 3.2% over the same period of last year, and also achieved good results.

The furniture industry is under pressure

Transformation and upgrading is the trend

At the same time, the furniture industry is under great pressure – the growth rate in 2011 was 25%, and the growth rate from January to October 2015 was less than 10%. The rapid growth became a medium-to-high-speed growth. Many small and medium-sized furniture companies Encountered greater pressure on production, operation and sales.

However, the integration, cross-over and integration of the industry are gradually emerging. The decoration enterprises are involved in furniture, wood-based panel enterprises to make furniture, other industries to invest in the furniture industry and services, furniture companies involved in decoration, etc., it can be seen that the integration of various industries is constantly accelerate. At the same time, the government is currently using market mechanisms, economic instruments, and legal regulations to resolve excess capacity. The furniture industry is also one of the industries with overcapacity. Such a method can promote the improvement of the management mechanism of enterprises, so that many furniture enterprises have more standardized mechanisms in environmental protection and taxation, and also make the technical level and product quality of the whole industry more comparable. Fasten up. For the furniture industry, the primary task in 2016 is “transformation and upgrading” – from high-speed development to medium-high-speed development, enterprises must adjust themselves to adapt to the development trend from understanding the new normal to understanding the new normal.

The Sichuan Army has a lot of opportunities to go out on the platform.

As a large province of furniture production in China, Sichuan has many famous brand products and is well-known throughout the country, such as Quanyou, Pocket Pearl, Bayi, and Haodi, which are well-known furniture companies all over the country. In recent years, Sichuan furniture enterprises have a lot of innovative actions. The Sichuan Furniture Industry Chamber of Commerce led the enterprises to participate in the furniture exhibitions in various places and made great contributions to the expansion of Sichuan furniture products. The China Furniture Association and the furniture associations of the United States, Japan, South Korea, the Philippines, Malaysia, Singapore, Russia and other countries have maintained close ties, enabling more products to be expanded abroad. Zhu Changling hopes that Sichuan furniture enterprises will accelerate their foreign exchanges, expand their production capacity abroad, organize enterprises to exchange visits abroad, and explore potential projects to serve their own development.

In the next five years, urbanization will have greater development, and the market potential of the furniture industry will remain huge. Zhu Changling hopes that Sichuan Furniture can be promoted in all aspects in the next five years under the leadership of the Chamber of Commerce of Sichuan Furniture Industry, and the industry can continue to develop healthily.

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