Member Huang Minli of CPPCC Announced to Speak Highly of Chinese Furniture Market

China furniture industry was increased by almost 10% every year, and the development prospect of the industry was wide.

Huang Minli, the Member of CPPCC and Chairman of Board of Directors of Man Wah Holdings, showed that the yearning of masses for the beautiful life included the transformation of the household environment, China owned numerous population and huge market, the furniture industry was increased by almost 10% every year, and the development prospect of the industry was wide, so he spoke highly of Chinese market.

“At present, the consumption ability of Chinese masses have become higher and higher from standing up to getting rich to getting strong, so Man Wah Group fully deployed the sales in China.”

Man Wah Group devoted to the functional sofa industry, and Huang Minli introduced that the sales plate of Man Wah mainly included Europe, America and China, of which the sales volume of China accounted for 46% last year. In order to be convenient for timely supply, in Europe it acquired four plants in Poland, Republic of Lithuania, Estonia and Ukraine of East Europe in the next half year of 2016. Chinese plant mainly exported products to American and Chinese consumers.

Due to large volume of sofa, Man Wah Group set up four manufacturing bases in China, respectively in Huizhou, Guangdong Province, Suzhou, Wuqing, Tianjin and Chongqing in construction in order to reduce the transportation cost and meet the consumer demand.

In addition, customizing the furniture industry including design of some furniture according to the human body type became the current main consumption stream with the interconnection of Internet.

Huang Minli said that the individualized description was changed with the consumer demand, and the demand of the masses for the furniture industry was also a large challenge, the regional divergence of China was not large, but the metropolis and small city were mainly different. The house of the metropolis was smaller, and the small and multi-functional products were preferred; the house price of the small cities was cheaper, and the area of the residential house was slightly large, so the larger-sized furniture was required in the small cities.

 

 (Source:jiagle.com)

 

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