The furniture industry is currently experiencing a crucial phase of steady growth, and from a long-term perspective, it still holds vast development potential. However, as the industry shows promising growth, external constraints—especially environmental regulations—have become increasingly strict. The "most stringent environmental protection law" introduced in 2014 has made many furniture companies anxious. Yet, this isn't a constraint; it's actually a driving force that pushes the industry toward greater standardization.
Beyond government-mandated regulations, the industry must also focus on self-regulation to build a good reputation and ensure sustainable development. In today’s market, unclear pricing remains a major issue, affecting not only stores and sales staff but also consumers. This reflects the immaturity of the market at this stage. Price transparency has always been a topic of debate within the industry. While some high-end brands are gradually moving toward clear pricing, the overall implementation of price openness still faces challenges.
In a market economy, the government cannot handle everything. That’s why responsible companies need to take the lead, setting an example for others. Once the industry becomes more standardized, public recognition will increase, and it will be fully achievable for stores to implement transparent pricing. Clear pricing helps prevent merchants from inflating prices to exploit government subsidies. Only by ensuring real prices can we remove obstacles for policy implementation and better protect consumer rights. Otherwise, businesses might continue operating in a black box, harming both consumers and the industry's integrity.
Although the road to standardization is long, with support from enterprises, retailers, and consumers, it can be achieved under the new normal economic framework. The "new normal" brings opportunities for brand upgrades and e-commerce expansion. It also emphasizes quality, environmental protection, and design. The future of the furniture industry depends on these "new" elements, while also maintaining a balance with stability.
In 2015, the national economy was undergoing another round of reforms, and the furniture industry needed to maintain steady growth. The new normal had already taken shape. To adapt, the industry should focus on four key areas: concept, quality, environmental protection, and design. By integrating resources, leveraging national conventions and exhibitions, and promoting regional markets, the industry can drive progress nationwide, ultimately achieving a more stable and prosperous furniture economy.
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Queen Furniture Co., Ltd. , https://www.queenfurnitures.com