Survival logic under the promotion of solid wood furniture concentration

Survival logic under the promotion of solid wood furniture concentration


Survival logic under the promotion of concentration


Competition pattern


Head integration: the share of the top five brands rose from 31% to 39%, and barriers were built through vertical integration (raw materials-production-channels);


Small and medium-sized breakthrough: focus on sub-sectors (such as detachable environmental protection tables and children's function tables), and achieve 12-15% niche market share by relying on private sector operations.


Core risk


Cost pressure: the price of black walnut in North America increases by 12-15%, and the cost of water-based paint technology increases by 8-10%;


Policy compliance: EU carbon tariffs will increase export prices by 5-7 percentage points, and the new VOCs emission regulations will eliminate 20% of production capacity.