Furniture refers to various appliances made of wood, metal, plastic, bamboo, rattan and other materials, which have functions such as sitting, lying, leaning, storage, and partitioning, and can be used in residences, hotels, offices, schools, restaurants, hospitals, theaters, parks, ships, airplanes, motor vehicles and other places. Furniture is a product with both practical and artistic attributes. It must have strong practical value and meet people's aesthetic tastes. The characteristics of furniture products determine the important position of the furniture industry in the economy and society. With the continuous development of the global economy, the global furniture industry has also developed rapidly.

According to statistics from the Centre for Industry Studies (hereinafter referred to as "CSIL"), the total scale of world furniture trade has increased from US$85 billion in ** to US$*** billion in **. It is predicted that the total scale of world furniture trade will increase to US$141 billion in **, and will continue the growth trend in ** to reach US$*** billion. From the trend of changes in the total world furniture trade volume from ** to **, although the global financial crisis in ** had a certain impact on global furniture production and trade, with the gradual recovery of the global economy, the consumption capacity of developed countries has gradually recovered and increased. In **, the global furniture trade volume basically returned to the level before the financial crisis. At the same time, the consumption capacity of emerging countries and regions has gradually increased, and the global furniture trade volume has shown an upward trend.

 

Global furniture trade volume from ** to ** (billion US dollars)

 

With the improvement of consumers' living standards, consumer awareness is also gradually changing. In the past, consumers may have focused on the price and practicality of products. Now, not only are they satisfied with practicality and beauty, but their requirements for life taste are also increasing day by day. Therefore, the market potential of high-end furniture products can be imagined, and it will definitely become the mainstream trend in the future market.

 

The development and introduction of new hardware accessories, the update and improvement of functions, styles and quality, also give furniture styles and functions continuous updates and development. Furniture hardware can be roughly divided into two categories: decorative hardware and functional hardware. Today, with the high level of industrialized production, the two are gradually moving towards unity under the guidance of industrial design theory.

The quality of furniture depends on several aspects, such as style, material and use effect. There are various decorative parts used on the surface of furniture to embellish it, which plays a finishing touch; the use depends on functional hardware accessories, which determine the style of furniture to a certain extent.

 

With the development and progress of my country's industrial technology, furniture production has developed from the previous manual workshops to the current mechanized mass production. Hardware accessories have higher requirements for versatility, interchangeability, functionality and decorativeness. With the diversification of base materials, structural reforms and increased use functions, the role of furniture hardware on furniture is no longer just decoration and connection of some active parts. Its functionality is getting stronger and stronger, and the fields involved are getting wider and wider. It has played a positive role in improving production efficiency, reducing costs, improving product quality, enhancing competitiveness in domestic and foreign markets, and increasing benefits for furniture manufacturers.

The 2024 edition of China's high-end furniture industry in-depth research and market prospect analysis report conducts in-depth research and analysis on the current situation, development changes, and competitive landscape of my country's high-end furniture industry, and elaborates on the future development trend of the high-end furniture market. It also makes a prudent judgment on the future development prospects of the high-end furniture industry based on the development trajectory of the high-end furniture industry, and finds new investment highlights for investors in the high-end furniture industry.

 

The 2024 edition of China's high-end furniture industry in-depth research and market prospect analysis report finally clarifies the investment space of the high-end furniture industry, points out the investment direction, and puts forward the strategic suggestions of researchers for reference by investment decision makers.

 

The "2024 edition of China's high-end furniture industry in-depth research and market prospect analysis report" released by the Industry Research Network is an indispensable professional report for relevant high-end furniture companies, research institutions, governments, etc. to accurately, comprehensively, and quickly understand the development trends of the high-end furniture industry and formulate development strategies.