The furniture industry has lost sharply in 2018
According to the statistics of the National Bureau of Statistics, in 2011-2018, the furniture industry is in an industrial adjustment period, that is, under the influence of the market's gradual saturation, import and export shocks, and the introduction of environmental protection policies, the furniture industry faces many challenges. It is less stable in production decisions.
In 2017, the output of furniture was about 807 million pieces, reaching the highest point in history; in 2018, the output of furniture was 713 million pieces, down 11.68% year-on-year.
In addition, according to the statistics of the National Bureau of Statistics, in 2018, there were about 6,300 enterprises above designated size in the furniture industry in China, and the accumulated main business income was 701.19 billion yuan, with a total profit of 42.59 billion yuan.