Home > News > Blog

China's office furniture industry has attracted much attention

2019-08-27 09:46:00
Author: OSHUJIAN PUBLIC SEAT
According to reports, in June 2019, the Tencent headquarters building, which integrates the latest technologies such as the Internet of Things, artificial intelligence, and big data, will be put into use. The new building uses many modern and latest black technologies, such as face recognition and holographic projection. WeChat intelligent guidance, employee tracking, etc., is the research and development base of Tencent animation games and mobile Internet in the future. The announcement of the news triggered public concern about the future development of the office furniture market.
 
With the increase in the demand for office furniture in China at home and abroad, the number of office furniture manufacturers in China has increased rapidly in recent years. According to statistics, the number of production enterprises reached more than 1,200 in 2017, a year-on-year increase of 7.91%, mainly concentrated in the Yangtze River Delta. Five major industrial zones such as the Pearl River Delta.
 
The potential of the smart office furniture market is huge, and the major manufacturers have laid out their layouts.
 
Office furniture is a tool for office workers or work convenience in daily life work and social activities. Since the reform and opening up, China's furniture industry has achieved unprecedented development. As a branch of the furniture industry, China's office furniture industry has been continuously updated with production technology, varieties have been increasing, professional production has gradually formed and management levels have been continuously improved. Achieved rapid development. At present, China has become the world's largest producer of office furniture.
 
With the expansion of the scale of scientific and technological innovation, the smart furniture market will become the next hotspot. Among them, the smart office furniture market has great potential. In recent years, China's building economy is in the "golden" development period, high-end office buildings have mushroomed in major cities across the country, driving the development of high-end office furniture market. According to a research report released by Nash Space, after 80s and 90s, it has become the backbone of the sedentary people in the workplace. In order to cater to the new generation's pursuit of office intelligence and personalization, major manufacturers have deployed smart office furniture market, such as Aurora and other enterprises.
 
From the perspective of China's office furniture production area, the Yangtze River Delta Industrial Zone and the Pearl River Delta Industrial Zone account for two-thirds of the country's market share. At present, China's office furniture production enterprises are mainly concentrated in the five major industrial zones of Northeast China, Yangtze River Delta, Western China, Bohai Rim and Pearl River Delta. Among them, the Pearl River Delta is the most developed and concentrated area of ​​office furniture in China, mainly exported to the Americas and other regions; the Yangtze River Delta industrial zone, mainly in Jiangsu, Zhejiang and Shanghai, is famous throughout the country for its swivel chairs and solid wood furniture, mainly exported to Europe and America. Waiting for the place. The output value of the two major industrial zones in the Yangtze River Delta and the Pearl River Delta accounts for two-thirds of the country's total output value.

Chinas office furniture industry has attracted much attention(图1)

 
 
China's office furniture development prospects are considerable, the market size will exceed 200 billion yuan
 
According to the latest statistics released by the Foresight Industry Research Institute's "China Office Furniture Industry Market Research and Investment Forecast Analysis Report", the total global office furniture trade volume exceeded US$30.4 billion in 2017, an increase of 2.01% year-on-year. It is estimated that by 2023, the total trade volume of office furniture worldwide will reach about 36.9 billion US dollars. In 2017, the size of China's office furniture market was 181.1 billion yuan. Among them, the market size of office chairs and system furniture was 56.4 billion yuan and 52.6 billion yuan respectively, accounting for 31% and 29% of the office furniture market share respectively. Forward-looking Industrial Research Institute believes that intelligent and customized office furniture will drive the growth of the entire office furniture industry. It is expected that by 2024, the size of China's office furniture market will exceed 280 billion yuan, and the development prospects are very impressive.