The mahogany furniture market has a "two-eighth boundary"
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In recent years, mahogany furniture has been heated up and the mahogany market has been driven, showing a boom. However, affected by the real estate economy, the mahogany market has gradually become "tired" this year, and the mahogany market has gradually become weak.
The year 2014 is coming to an end. Looking at the economic development in the past year, the mahogany market seems to have entered a bottleneck. In addition to being a special branch of the home furnishing industry, mahogany furniture is obviously influenced by the real estate market, and is also a furniture product with investment significance and appreciation properties. The development momentum is closely related to the national economic situation. According to industry insiders, the overall consumption of the rosewood consumer market in the first half of 2014 was cold, and the performance was much worse than the same period last year.
The current development of the mahogany market presents a clear two-eighth boundary, with 20% of companies developing very well, and 80% of most companies are clearly feeling the pressure. According to the normal law of market development, it is obvious that 20% of the mahogany enterprises are generally large local well-known enterprises, and are enterprises with strong brand influence and reputation. This shows that brand and word of mouth are still the direction that most mahogany companies should work hard.
Relying on the characteristics of mahogany itself, the mahogany market has obvious advantages in development. The market for redwood products with collectible value has a large appreciation space, and the prospect of mahogany is still clear. With the improvement of people's living standards, people's consumption level has gradually increased, and the concept of consumption has also been improved. The potential consumer groups of redwood are constantly expanding.
Attentive industry insiders have found that there are three major changes in the current mahogany market: the focus of ordinary consumers shifts to artistic standards and historical and cultural connotations; the styles of major brands are established, the prices are lean to the finest products, the best products are tilted, and the typical mahogany furniture is at the price. The upswing space will be expanded; many strength manufacturers actively adjust the industrial structure and technical level, strengthen product quality and design innovation, and actively explore the market in raw material production areas.
From November 27th to 30th, the Liuzhou Convention and Exhibition Center will hold the 2nd China (Liuzhou) Redwood Furniture and Crafts Fair, continuing to write the first Liuzhou Redwood Furniture Fair in June this year. It is also expected that this year's Redwood Furniture Fair will be able to Promote the development of the mahogany market and take the mahogany market out of the “severe winterâ€. More login