Zhou Shitiao丨1 The profit of the furniture manufacturing industry fell in October11 8 Home investmen

Mondo Finance Updated on 2024-01-22

National Bureau of Statistics: furniture manufacturing industry from January to October

Total profit fell 118%

On November 27, the National Bureau of Statistics released a report on the profit data of industrial enterprises above designated size from January to October 2023. According to the data, from January to October, the operating income of the furniture manufacturing industry was 5127900 million yuan, a year-on-year decrease of 66%;The operating cost was 422.7 billion yuan, a year-on-year decrease of 79%;The total profit is 247100 million yuan, down 118%。

In terms of wood processing and wood, bamboo, rattan, palm and grass products, the operating income from January to October was 6825500 million yuan, down 2 percent year-on-year2%;Operating costs 6157100 million yuan, down 2 percent year-on-year5%;The total profit is 245200 million yuan, a year-on-year increase of 112%。

Strategic Cooperation丨2023 China Building Materials and

Home Furnishing Industry Renewal and Development Conference

On December 2, 2023, the "2023 China Building Materials and Home Furnishing Industry Renewal and Development Conference and the Second Enlarged Meeting of the Seventh Council of China Building Materials Circulation Association" kicked off.

At a time when the large home furnishing industry as a whole has entered a steady development, "vigorously promoting home consumption and boosting consumer confidence" has undoubtedly become the main theme of industry development in 2023. With the theme of "Promoting Consumption, Strengthening Resilience and Cultivating Brands", the conference took the pulse of the development trend of the industry, and the guests on the scene shared keywords or topics such as promoting consumption and expanding domestic demand, converting old and new kinetic energy, green and intelligent, and the resilience of the industrial chain.

Qin Zhanxue, president of China Building Materials Circulation Association, said that the conference has built a platform for the upstream and downstream of the home furnishing industry chain, and the China Building Materials Circulation Association has vigorously promoted the process of high-quality development of the industry by assisting enterprises in transformation and upgrading, and believes that with the joint efforts of all parties, the home furnishing industry will release greater consumer demand.

20 home furnishing industry leaders

Find out how companies can grow resiliently in the future

The 2023 China Home Furnishing Industry Value 100 Companies" was recently launched, in order to explore innovative ways through the cycle to boost consumer confidence in the home furnishing market, focusing on the theme of "gathering momentum and rejuvenating resilience growth", starting from the four dimensions of accelerating digital and intelligent transformation and upgrading, creating a better habitat for users, improving the terminal consumer experience, empowering the industry with green and design, and creating greater brand value, Chen Hui, chairman of Dongyi Risheng Group, Deng Qitang, director and vice president of Mona Lisa Group, and Lu Jinhui, deputy general manager of Arrow Home Furnishing Group, Zhang Lili, President of IMOLA Ceramics China, Ren Lian, President of Daming Palace Industrial Group, and other big names in the home furnishing industry expressed their views.

"2023 China's Home Furnishing Industry Value 100 Companies"

The exploration journey of the candidate enterprises entered the six major enterprises

Recently, the "2023 China Home Furnishing Industry Value 100 Companies" candidate enterprises have explored the journey and walked into Marco Polo Tiles, Nature Home Furnishing Group, Hennessy Doors and Windows, Lin's Home Furnishing, Xinbiao Home Furnishing Group, and Deji Excellent Doors and Windows.

Marco Polo Holdings has always put innovation in the first place in development, continuously improved its independent innovation capabilities, especially production and application-oriented technological innovation and basic research innovation, strengthened the construction of R&D technical personnel, and strived to achieve breakthroughs in key core technologies. At present, the company has built 2 national industry innovation and design platforms, 8 provincial innovation platforms and 1 postdoctoral site, the first batch of enterprises in the industry that have passed the CNAS national laboratory certification, and has 5 high-tech enterprises. Li Junlin, director of the brand communication department of Marco Polo Control ** field department, emphasized.

She Jiajun, executive vice president of Nature Home Furnishing Group, mentioned in communication with Sohu that it is necessary to pay attention to the real needs of consumers and provide high-quality home solutions. Next, Nature Home Furnishing should focus on improving products and services, such as building a full chain and providing integrated solutions. Mr. Lin said that Nature Home will continue to adhere to technological innovation and improve the user experience through measures such as dealer upgrades.

Product quality is the foundation of an enterprise's survival. The various awards won by Hennessy over the years are an affirmation of the quality of the products. "From material selection to manufacturing to on-site installation, the whole process of Hennessy doors and windows is strictly controlled to ensure that every detail can stand up to inspection. Among them, security and user experience are very important, we will explain the functions and performance of the product to customers in detail, and hope to work with colleagues from all walks of life to promote the formulation and implementation of industry standards, so that users can truly trust and identify with domestic brands. ”

As an excellent fashion home furnishing brand, Lin's Home Furnishing has been committed to providing consumers with more meta-fashion lifestyles, and has established differentiated advantages through full-style, full-category, full-scene home furnishing solutions.

Since its establishment, Xinbiao Home Furnishing Group has always kept up with the market development trend, based on consumer demand, and carried out product research and development innovation around brand positioning. With the further development of digitalization and informatization, Xinbiao Home Furnishing Group will continue to adhere to the road of scientific and technological innovation, continuously consolidate its advantages in high-end quality, achieve product efficiency synergy and maximize the release of brand voice, and promote the industry to improve and develop upward.

As a leading brand of system doors and windows in China, Deji Youpin has formed a strong core competitiveness in multiple dimensions such as product, technology, quality, and brand. In terms of products, the acquisition of a number of independent intellectual property rights such as "four-sided six-point lock" has greatly improved the safety of Deji's system doors and windows, and truly realized the effective protection of consumers' lives and property.

Fuos x Embry x Maxim: product power, service power, brand power

Doors and windows enterprises open up a new situation of development of the three treasures

As China's economy enters a new normal, the door and window industry is also in a critical period of development. In recent years, many door and window companies have expanded their market scale through the first war, but the homogeneous competition has become increasingly fierce, profits have declined, and development bottlenecks have become prominent. Do you choose to roll down or up? Looking at the trends of major brands, "upward rolling" has become the key word for many leading enterprises to achieve transformation and upgrading.

On November 24th, the dialogue salon with the theme of "Home Lounge" hosted by Sohu Focus Home Furnishing - Roll Up VS Roll Down - Door and Window Enterprises Sprint to the 'Finals'" was held in Guangzhou Sohu ** Center. He Jiexiong, Vice Chairman of Fuos Doors and Windows, Zhan Mianyang, Chairman of Meishigu Doors and Windows, Huang Weiguo, President of Amber Doors and Windows, and three representatives of the home furnishing industry were guests in the Sohu live broadcast room, and had a dialogue with Zhou Ting, editor-in-chief of Sohu Focus Home Furnishing South China, to share and discuss how door and window enterprises can achieve industrial optimization and quality improvement through transformation and upgrading, and create a new pattern of the door and window industry.

The era of multi-dimensional competition has arrived

Flooring enterprises actively explore characteristic roads

With the continuous development and maturity of the domestic decorative materials industry, in the wood flooring industry, there are more and more large-scale enterprises relying on technological progress and brand advantages, and the competition between brand enterprises in the industry is becoming increasingly fierce. At the same time, with the rise of ceramic tiles and various new floor materials, and the blurring of the boundaries between major categories under the trend of large home furnishings, the wood floor category is also facing challenges.

Taking home furnishing stores as an example, the stores that can often see flooring brands in prominent positions have gradually been occupied by categories such as furniture and whole-house customization in recent years, which is very urgent for the flooring industry to re-promote the vitality of the category. Some people in the industry have commented that the flooring industry is "surviving in the cracks", and the fact is that flooring companies are transforming in many ways and stepping out of their own characteristic roads.

In the floor industry, the head enterprises such as Shengxiang, Nature, Del Floor, and Fillinger also take providing consumers with one-stop home decoration services as the top priority, establish an integrated customized industrial ecology of the whole house, and actively promote the strategy of large home furnishing.

There is a frequent investment boom in the home furnishing industry

Oriental Yuhong, Gold Medal Kitchen Cabinet and many other leading enterprises layout industrial transformation

Recently, a number of home furnishing companies have frequently set up new investment companies or business sectors, which has attracted widespread attention in the industry. According to incomplete statistics from Sohu Focus Home, in the half month from November 15 to 30, 2023 alone, nearly ten well-known brands, including Gold Kitchen Cabinet, Oriental Yuhong, Sanwen Home, Jingdong Five-Star Appliances, Shangpin Home Delivery, Dinggu Jichuang, Rose Island Sanitary Ware, etc., have announced or implemented new foreign investments. This considerable investment boom fully reflects the consensus of leading enterprises in the industry on industrial transformation, and takes the initiative to accelerate the transformation of the home furnishing industry.

Notification by the State Administration for Market Regulation

Sampling inspection of smart toilets and other conditions in 2023

Recently, the State Administration for Market Regulation notified the national supervision and random inspection of 36 product quality, including smart toilets, ceramic toilets, ceramic tiles, fire doors, brown fiber elastic mattresses, etc., in 2023.

Brown fiber elastic mattress. In 13 provinces such as Zhejiang, Guangdong, Beijing, 78 sales units randomly inspected 78 batches of products, involving 78 production units in 19 provinces such as Guangdong, Chongqing, Jiangxi, Tianjin, etc., spot checks found that 6 batches of products were unqualified, all of which were unqualified durability requirements.

Fire doors. In 18 provinces such as Zhejiang, Guangdong, Shandong, Fujian, 101 production units randomly inspected 101 batches of products, and found that 13 batches of products were unqualified, all of which were unqualified fire resistance of safety projects.

Ceramic tiles. In 4 provinces such as Guangdong and Guangxi, 175 production units randomly inspected 176 batches of products and found that 12 batches of products were unqualified. Among them, 8 batches of products were unqualified for water absorption and 3 batches of products were unqualified for damage strength.

Ceramic toilet. In 9 provinces such as Guangdong, Fujian, Zhejiang, 248 production units randomly inspected 248 batches of products, and found that 25 batches of products were unqualified. Among them, 18 batches of product safety water level items were unqualified, 13 batches of product toilet water consumption items were unqualified, and 13 batches of product toilet water efficiency grade items were unqualified.

Smart toilets. In 10 provinces such as Guangdong, Anhui and Jiangsu, 85 sales units randomly inspected 89 batches of products, involving 64 production units in 4 provinces such as Guangdong and Hebei, and found that 9 batches of products were unqualified. Among them, there are 5 batches of product safety project grounding measures unqualified.

The development plan of the Greater Bay Area

The joint investment promotion conference of the three stores was held

On December 1st, the development plan of the Greater Bay Area and the joint investment promotion conference of the three stores with the theme of "Living in the Bay Area and the Future of Wisdom" was successfully held at the Chimelong Hotel in Guangzhou. The event hosted by the home is far more than a simple investment conference, but also a self-"baptism" in the face of great changes in the home furnishing industry!

Wang Linpeng, chairman of the company, pointed out that the company will actively embrace the changes of the times, reshape the business value chain, and comprehensively transform the current business model of the house, from the upstream and downstream game relationship between stores and merchants in the past to the coordinated development model, from the "fixed rent" to the "sales sharing" model, form a community of destiny with factories and dealers, build a digital industry service platform, and empower factories and dealers with traffic and efficiency. In the future, the home will be committed to becoming the first operator of home furnishing physical business, and build an upgraded model of digital and intelligent transformation of physical business among industries.

IKEA is investing $1.1 billion to drive price reductions

Avoid passing costs on to customers

Recently, IKEA's parent company, Ingka Group, said that the group is planning to invest $1.1 billion to absorb the increase in costs, reduce furniture and avoid passing on the cost to customers. It is reported that in 2022, IKEA's profit increased by 9% year-on-year.

Producer: Sohu Focus Home Finishing

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