As one of the three most prestigious furniture exhibitions in China, Chengdu International Furniture Fair has become a vane to measure the development of the furniture industry. At the just-concluded 15th Chengdu International Furniture Fair, more than 800 furniture industry enterprises and more than 40 foreign-funded enterprises from all over the country filled the 130,000 square meter exhibition hall of Chengdu Furniture Fair.

During the ten years from 2004 to 2014, China's furniture industry is in a stage of rapid growth, with an average annual growth rate of more than 21%. The total output value of the furniture industry has increased from 204 billion yuan in 2003 to 680 billion yuan in 2013, an increase of As high as 300%; and in terms of the market scale of the entire furniture and building materials industry, the market size of the building materials and furniture industry in 2014 will reach more than 4 trillion yuan. But behind the bright growth data, the hidden worries of the domestic furniture industry also began to surface.

"The growth rate has slowed down, excess capacity, and foreign trade has fallen. At present, China's furniture industry has entered a period of industry adjustment and transformation and upgrading." Zhu Changling, chairman of the China Furniture Association, said that the changes in the market pattern have greatly accelerated the industrial transfer process of the furniture industry. The transformation and upgrading of the domestic trade market has become a topic of general concern in the furniture industry. As the largest domestic trade platform for the furniture industry, a large number of eastern export-oriented furniture companies appeared at this exhibition. "This is an external manifestation of the transformation of the market structure." Zhu Changling believes.

Editor in charge: GO Jiaju CC

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