news&blog
Hardware angle code industry development opportunities and challenges
10 Jan,2024
Furniture hardware accessories refer to the hardware components required for furniture production and use.
There is currently no standardized industry classification for furniture hardware accessories in China. It belongs to the hardware industry, the hardware and tool branch, and also belongs to the furniture industry, the furniture raw materials branch. Therefore, there is no clear consensus on the concept of furniture hardware accessories in China.
development:
Traditional Chinese furniture originally did not require furniture hardware accessories. All functions were based on wooden structures, and metal was only used as a decoration in furniture in ancient times. It was not until the Qingming period that metal was able to achieve simple functions in furniture (mainly wooden boxes, cabinet locks, edging, hinges, etc.). In the 1980s, panel furniture was introduced to China from the West, and furniture hardware accessories began to be widely used in furniture. After nearly 30 years of development, the role of furniture hardware accessories in furniture has become increasingly important, and people's attention to furniture quality has gradually shifted from panels and environmental protection to hardware accessories. With the development of modernization and personalization of furniture in recent years, people's demand for furniture has gradually shifted from the most primitive storage function to the experience of exquisite living, and these experiences are directly felt from furniture hardware accessories. Therefore, in the future, furniture hardware accessories will become the most critical factor in the overall quality of furniture.
With the gradual recovery of the global economy and the continuous improvement of people's living standards, the furniture market is showing a prosperous development trend, which has brought broad market space for the furniture hardware corner bracket industry. On the one hand, the continuous and stable development of the real estate market has driven the growth of furniture demand. Whether it is new residential construction or old house renovation, a large number of furniture are needed, thus indirectly increasing the demand for furniture hardware corner brackets. On the other hand, consumption upgrading has prompted consumers to continuously raise their requirements for furniture quality and design. High-quality and personalized furniture has become the mainstream of the market. This makes furniture manufacturers pay more attention to the quality and performance of hardware accessories, providing more market opportunities for high-quality corner bracket products.
However, while facing opportunities, the furniture hardware corner bracket industry also faces many challenges. The fluctuation of raw material prices is the primary problem. The prices of metal, plastic and other main raw materials for making corner brackets are affected by many factors such as international market supply and demand and geopolitics, and fluctuate frequently. This brings great difficulties to the cost control of corner bracket production enterprises and squeezes the profit space of enterprises. Secondly, the market competition is becoming increasingly fierce. With the development of the industry, more and more enterprises have entered the furniture hardware corner bracket market, leading to increased market competition. Some enterprises adopt low-price competition strategies in order to compete for market share, which not only affects the profit level of the entire industry but also may lead to uneven product quality. In addition, the continuous improvement of environmental protection requirements also brings pressure to the industry. Against the background of increasingly strict environmental protection policies, corner bracket production enterprises need to pay more attention to energy conservation and emission reduction in the production process and adopt environmentally friendly materials and processes, which undoubtedly increases the production cost and technical difficulty of enterprises.
Facing the situation of both opportunities and challenges, enterprises in the furniture hardware corner bracket industry need to strengthen market research, keep abreast of market dynamics and changes in consumer demands in a timely manner, and reasonably adjust product structures and marketing strategies. At the same time, increase investment in technology research and development, improve production efficiency, reduce production costs, and improve product quality and environmental protection performance to enhance the core competitiveness of enterprises and achieve the sustainable development of the industry.