In recent years, the furniture manufacturing industry is the focus of much attention in the consumer market, but also by investors, entrepreneurs pay great attention. Although the furniture manufacturing industry has gained momentum and potential, the three-year-old New Crown epidemic has still brought long-term and far-reaching multiple impacts to the global furniture industry.
As of November 2022, there are more market players in the outdoor folding tables and chairs industry in China. There are about 2,700 folding tables and chairs related companies in China. In terms of the scale of participation of new entrants, the heat of participants in China’s outdoor folding tables and chairs industry has been increasing during 2012-2019, with a historical high of 514 new entrants in 2019. after 2020, the scale of new entrants has decreased due to the downward impact of the macro environment. Overall, the industry is currently developing more maturely, with a high number of participants.
In 2017-2021, the export trade scale of China outdoor folding tables and chairs industry showed a continuous rise, and the export scale reached 28.166 billion U.S. dollars in 2021, an increase of 13.81%. in the first 11 months of 2022, the export trade scale of China outdoor folding tables and chairs industry reached 24.729 billion U.S. dollars, still maintaining a high level.
Overall, the market size of China’s outdoor furniture industry will continue to grow, technological innovation and technological support will provide sustained development momentum for the industry, the market will further open up, and the industry will move forward in the direction of scale, modernization and intelligence, providing customers with more variety, more service and better experience, and contributing to social development.
Post time: Jun-05-2023