At present, the industry concentration of the real estate industry is increasing sharply; with the gradual implementation of the policy of renting and selling the same rights, there will be more housing rental institutions in the future property market.
These two major changes in the property market will have a major impact on the furniture industry, especially the booming custom furniture industry.
The degree of monopoly of real estate enterprises deepens the market of small and medium-sized custom furniture enterprises
At present, the top 20 real estate companies in the country account for 40% of the market.
The market monopoly of real estate companies is gradually forming. Is it a good thing or a bad thing for the furniture industry?
In the face of giant real estate companies, individual furniture is too small. The centralized procurement of real estate enterprises is conducive to large enterprises in furniture enterprises.
According to people familiar with the real estate industry, real estate companies like to do business with top-ranking furniture companies. The main reason is that the top ranked furniture companies usually have strong production capacity, as well as marketing networks throughout the country, so that customers of real estate companies with the same business across the country get the corresponding after-sales service.
Usually, the amount of orders purchased by the group is huge, and sometimes the construction period is very tight. This is also the workload that small and medium-sized furniture companies can't accomplish.
Hardcover housing policy is directly impacting the kitchen cabinet market
At present, hardcover houses are gradually being promoted throughout the country. That is to say, the new house that is handed over to the user, the interior decoration standard is getting higher and higher, and some of them reach the level of the bag.
Of course, due to differences in the level of economic development in various regions, not all regions can achieve the level of baggage occupancy. However, kitchen cabinets that are basically equipped as hardcover rooms are often given priority.
Therefore, the earliest kitchen cabinet enterprises in the custom furniture industry will also feel the chill of the market first. In fact, the recent profit margins of kitchen cabinet companies are low, which is related to too many competitors and the earliest involvement of real estate developers and decoration companies.
Real estate business furniture business is not good to do
Real estate companies have deepened their penetration into the furniture industry. However, the real estate industry is a capital-intensive industry. The amount of funds required is extremely large. Even if it can obtain the large-scale list of real estate companies, it may not be a good thing.
The capital chain of most real estate companies is in a tight state. The top real estate companies in the industry will abide by the contract, pay on time, or delay. For real estate companies with bad reputation and insufficient strength, it is common to default on payment.
This means that real estate companies must purchase furniture on the one hand, and have strict requirements on quality, delivery time and price. On the other hand, real estate companies may not be able to pay you the full amount or pay in time.
The furniture industry, especially the custom furniture industry, is a consumer prepaid industry. Suddenly, from the use of customers' money to production, to the use of your funds by customers, and sometimes long-term, this market environment has changed dramatically. It will make it difficult for a large number of furniture companies to adapt.
Institutional homeowners give birth to small group buyers
A new policy in the housing market will spawn a group of institutional housing renters. Coupled with the transformation and advocacy of the country's housing policy, the future wage earners do not necessarily have to be homeowners. As a house renter, they can also enjoy many social benefits. Driven by such new policies, the housing leasing market is bound to have rapid growth, and the demand for new furniture in the new housing leasing market will be magnified.
A regulated and prosperous home rental market will also drive the speed of furniture renewal. Whether the panel furniture will come back with this new business opportunity is not known.
On May 1, 2018, the new wood-based panel standard will be fully implemented, and the formaldehyde problem of panel furniture is expected to be solved. Under the two favorable changes of demand and supply, the demand for panel furniture has the necessary conditions for blowout.
In short, the new changes in the housing lending market are a major positive for the furniture industry.
As many people work at home for a long time, many people are beginning to find that sitting on the sofa and looking at a laptop can cause back and neck pain and damage their health.
Standing Computer Table is very helpful to a healthy lifestyle and can solve your sedentary problem.
The ability to switch between sitting and standing during the day allows employees to stand up and move around while continuing to work.
Standing intermittently throughout the day can make your heart healthier and posture better.
Standing Computer Table,Electric Standing Table,Office Standing Table,Office Adjustable Table,Adjustable Table Legs
Suzhou Uplift Intelligent Technology Co., Ltd , https://www.upliftecdesks.com