Industry Analysis: Development Trends of Hardware Furniture in the Next Decade

For furniture manufacturers in the country, the furniture industry's impression of the outside world is brand miscellaneousness, product quality disorder, quality and technology are varied, the scale of the company is small, the industry is not standardized, and a considerable part of the local furniture companies are still in the workshop production, family-oriented The status quo of operations, unconscious corporate culture, lack of attention to talent management, superficial exchanges and cooperation in the industry, not to mention resistance to risk and governance of the industrial structure. Affected by the economic system and policies, the private enterprises' own problems are mainly manifested in: low industrial structure, small scale, weak anti-risk capability, unreasonable property rights structure and governance structure, lack of corporate culture, and serious brain drain.

The new trend in the coming of the synthetic era highlights the trend of the development of hardware furniture companies in the next decade. We found that the competition in the furniture industry is also changing. With the improvement of the external environment and the continuous improvement of the overall quality of the company itself, the furniture industry will usher in a higher level of development. In the next decade, the development trend of hardware furniture companies will show some new trends. With the continuous development of business development experience, low-end furniture companies have begun to pay attention to quality and corporate culture. Some companies have begun to pay attention to industry cooperation and communication, and the competition among enterprises has not only stopped. At the level of price warfare, they are also looking for ways to break through, excavate and expand the brand's overall strength, and enter the subdivision from all levels.

With the support of a group of industry leading companies and related supporting integration, industrial agglomeration is gradually deepened, and specialized and large-scale modern industrial clusters will have unique competitiveness and influence. The high-end industry, this year we all say that business is not good to do, the market is fierce competition, the furniture industry has a wide range of categories, product homogenization is more and more obvious; competition mechanism is not perfect, urge enterprises to focus more on R & D, marketing and customer service and other links .

The systems and standards that are subject to low-carbon policies are not perfect, and some companies will still remain in the past. To develop low-carbonization, in the past decade, the extensive energy-consuming enterprises in the furniture industry, driven by the national low-carbon policies, have made it imperative to adopt a low-carbonization and shift to cleaner production.

International opportunities allow Chinese furniture companies to go global, strengthen their integration and integration with the international market, and improve their international business operations. The scale of the enterprise, with the national policy emphasis on consumption to stimulate economic development, accelerate the pace of integration of urban and rural areas, the capital market continues to mature, a group of strategic furniture companies will expand production and select the market, achieve economies of scale, and strengthen the company's capital strength.

Establish a corporate culture of public opinion and a more standardized industry technology structure, introduce sub-professional managers through equity distribution, and standardize the governance structure. Small-scale, family-run furniture companies are impacted by social development and force them to manage their business. Changes have taken place, forming a standardized corporate governance structure combining centralization and decentralization.

The development of cooperation and a win-win situation together will promote closer cooperation and win-win cooperation in this industry. Industry cooperation and win-win situation, deep-level exchanges and dialogues between industries will be further expanded. The development of an industry is just like the development of a company. The division of labor is the same, so the industrial development of each sector will be deeper and more detailed.

Under the encouragement and supervision of the society, furniture companies enhance their civic awareness, internalize their social responsibilities into their corporate values, combine their development strategies with their commitment to social responsibility, and promote higher-level corporate development. Social responsibility, as China moves from Guoqiang to the rich, will be the most intimate furniture company associated with the people's livelihood will take more social responsibilities, improve staff wages and welfare levels, and participate in social welfare undertakings.

The private economy has played a crucial role in developing and prospering the national economy, solving employment problems and advancing the process of national modernization. While seeing the rapid development of the private economy, we have found that this kind of economic development is basically based on the resource consumption and labor-intensive development model. In the first decade of the 21st century, the development of China's private economy was rapid and made great contributions to the country. The private economy has steadily occupied half of the country, and has accounted for more than 80% in some areas.