The Ministry of Industry and Information Technology recently announced the operation of the furniture industry from January to June 2014. In the first half of the year, the main business income of China's furniture manufacturing industry was 328.21 billion yuan, a year-on-year increase of 12.9%; the total profit was 17.63 billion yuan, a cumulative year-on-year increase of 17.3%. The total tax revenue was 9.88 billion yuan, a cumulative increase of 15.0%. In addition, from January to June 2014, the furniture manufacturing and sales rate was 97.6%, an increase of 0.1 percentage points over the same period in 2013; the export delivery value was 78.35 billion yuan, a cumulative increase of 5.9%. Among them: the production and sales rate of wood furniture and bamboo and rattan furniture manufacturing industry were 97.6% and 97.9% respectively, which were 0.3 and 0.1 percentage points higher than the same period of 2013 respectively; the export delivery value was 382.6 and 2.15 billion yuan, respectively, with a cumulative growth of 6.3%. 7.0%. At present, the development trend of large-scale furniture enterprises is better, and the number of furniture enterprises above designated size is increasing. From January to May, there were 4,842 furniture enterprises above designated size, an increase of 283 over the same period last year. However, most small and micro enterprises lack core technology, fail to achieve brand management, have poor anti-risk ability, and are not profitable. According to industry analysis, in the case of market downturn, the brand's gold absorption effect is particularly obvious. With the increase of raw materials and labor costs, the competition of traditional home furnishing enterprises will become more fierce and cruel, and smart homes will become a high value-added furniture and home products highland. In the future, relevant companies can break through the market in this field. The industry is going higher and further.
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