The living room furniture industry welcomes investment opportunities

With the further recovery of the property market, and the prosperity of the industry has rebounded significantly. The retail industry such as the furniture industry, which is downstream of the real estate industry, has also ushered in certain investment opportunities. Let us look at the trend of the furniture industry at the beginning of the third quarter:

July Furniture Product Ranking

The picture above is the list of furniture products in July, the top three are: office furniture, living room furniture, dining room furniture. In the overall analysis in the first half of the year, children's furniture ranked first, and office furniture ranked second. In the first month of the third quarter, office furniture rose back to first and children's furniture ranked eighth. Although some products have risen and some have declined in terms of rankings, it seems that people's lives and work are the same. Office furniture has gradually formed a specialty. Office furniture uses different raw materials, different production processes, different product standards, different use occasions, different sales methods, different after-sales services, etc., all of which have formed a furniture specialization.

6. July furniture trend comparison chart

The above picture is a comparison chart of furniture product trends in June and July. It can be seen intuitively that all product trends are in the rising stage. It seems that the "recovery" is still reflected in the furniture industry. The increase is more obvious for office furniture and living room furniture, the rising range is 7% and 16% respectively, living room furniture made a breakthrough in the beginning of the third quarter. Living room furniture is mainly concentrated in Guangdong, Shandong, Beijing, Shanghai and other places. "Production in one place, national sales" is the traditional model of furniture production and sales in China. The concentration of production brings inconvenience to sales. South and north sales, and north and south sales will increase transportation costs. The development momentum of the furniture industry is gradually moving northward, which will also promote the economic development of the northern region. The overall level can be improved very well.

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