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Development Status of China's Furniture Hardware Industry

Views: 0     Author: Site Editor     Publish Time: 2022-06-03      Origin: Site

Furniture hardware refers to the hardware components of furniture, such as slide rails, hinges, sofa feet, lifters, etc., also known as furniture accessories.


After 10 years of high-speed growth, the problem of overcapacity in China's furniture hardware industry has become increasingly prominent. Due to the slowdown of the entire market economy, the furniture hardware market has changed from a shortage of supply to an excess of supply. In addition, due to the environmental impact caused by high energy consumption and high pollution, energy-saving and emission reduction have also become a reality that enterprises must deal with, which will inevitably lead to an increase in the threshold of the furniture hardware industry. To break through the bottleneck of industry development, it can only be achieved by improving product quality and the company's own technical strength.


wood cabinet with gold legs



Oversupply


In recent years, the furniture hardware industry has changed from its smooth sailing in the past and gradually entered a bottleneck period of development, which is closely related to the rising raw material prices, logistics costs and labor costs. In fact, in recent years, developed countries in Europe and the United States have also transferred medium and low-end products to China and other third-world countries due to the rapid development of production technology and high domestic labor costs, and only produce some high value-added products themselves.


The furniture hardware industry in the eastern region is gradually shifting from south to north and from east to west. For example, Sichuan Province has become a major production province of furniture hardware in terms of the production scale of products and the sales volume of enterprises, and a large production base in the west has been formed in Sichuan. However, from the overall situation, due to the slowdown of the entire market economy, the domestic market demand is not prosperous, and there are many domestic self-built markets with a wide distribution range. At present, the furniture hardware market is in a situation of oversupply.


Suppose the furniture hardware industry wants to seek breakthrough development. In that case, it requires enterprises to adapt to the market situation, not only to be satisfied with the mass production of furniture products but to develop customized businesses according to the individual needs of consumers. On the basis of ensuring good product quality, Focus on the original design of products and create unique craftsmanship. Custom furniture has been on the rise in the past two years, and personalization has become a development trend.



The threshold is raised.


At present, energy conservation and environmental protection have become a must-do for many industries, and the Chinese government has also issued related policies one by one. For the home furnishing market, the environmental impact caused by high energy consumption and high pollution is becoming more and more serious, and energy conservation and emission reduction have become an important means for enterprises and businesses to compete. And this trend will lead to a higher threshold for furniture hardware accessories.


Although China's hardware products have developed for more than ten years, some enterprises have gradually formed serialization, standardization and brand management. But in the face of international standards, not all hardware companies can quickly breakthrough.


The development of some furniture hardware manufacturers in China is under the extensive economic model, at the expense of resource waste, energy waste and environmental pollution. With China's vigorous implementation of energy-saving and emission-reduction policies, it means improving quality and strengthening technological innovation.


In addition, with the improvement of consumers' living standards, the requirements for energy-saving and environmentally friendly products are also increasing. As a necessity of life, furniture hardware accessories will inevitably be continuously improved and upgraded with consumer demand and market environment changes. This will also be an important opportunity for the industry to promote reshuffle.



Mingyi – A Professional OEM Furniture Hardware Supplier


If you plan to import furniture hardware such as wholesale furniture legs, then choosing professional furniture hardware manufacturers in China is of the utmost importance.

As a professional OEM furniture hardware manufacturer in china with a history of more than 10 years, Mingyi has served customers in more than 100 countries and regions. We sell wholesale furniture legs.


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Foshan Nanhai Mingyi Machinery Factory

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