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The furniture industry is seeking a breakthrough to expand the comprehensive strength of its brands Hardware furniture enterprises are affected by the economic system and policies. Private enterprises themselves have problems such as low industrial structure, small enterprise scale, weak risk resistance capacity, unreasonable property rights structure and governance structure, lack of corporate culture and serious talent loss. The advent of the synthetic era has highlighted new industrial trends. In the next decade, the development direction of hardware furniture enterprises will present some new trends. We have found that the competition in the furniture industry is also changing. With the improvement of the external environment and the continuous enhancement of the overall quality of enterprises themselves, the furniture industry will usher in a higher-level development. As the experience of enterprise development continues to accumulate, low-end furniture enterprises have begun to pay attention to quality and corporate culture. Some enterprises have begun to pay attention to industry cooperation and communication. The competition among enterprises is no longer limited to the level of price wars. They are also seeking breakthrough ways, exploring and expanding the comprehensive strength of their brands, and entering the niche market from all aspects. Under the leadership of a group of leading enterprises in the industry and with the support of related supporting integration, industrial agglomeration is gradually deepening. Specialized and large-scale modern industrial clusters will form unique competitiveness and influence. This year, everyone says that business is not easy to do and the market competition is fierce. The furniture industry has a wide variety of categories and the homogeneity of products is becoming more and more obvious. The imperfect competition mechanism urges enterprises to focus more on aspects such as research and development, marketing and customer service. Due to the incomplete systems and standards of low-carbon policies, some enterprises will still remain in their previous development mode. In the past decade, under the impetus of the national low-carbon policy, it has been imperative for the furniture industry, which is characterized by extensive and high-energy-consuming enterprises, to shift towards low-carbon and clean production. International opportunities have enabled Chinese furniture enterprises to go global, enhance their integration and alignment with the international market, and improve their international business operation levels. With the national policy's emphasis on consumption-driven economic development, the acceleration of the pace of urban-rural integration, and the continuous maturation of the capital market, a number of furniture enterprises with strategic plans will expand production and choose to go public to achieve economies of scale and enhance their capital strength. Establishing a corporate culture based on public opinion and a more standardized industry technical structure, through equity distribution, introducing sub-professional managers, and standardizing the governance structure, small-scale and family-operated furniture enterprises, under the impact of social development, are forced to undergo changes in their enterprise management methods, forming a standardized corporate governance structure that combines centralization and decentralization. Cooperative development and mutual benefit will promote closer and more intimate cooperation and win-win outcomes in this industry. The win-win cooperation in the industry will further expand in-depth exchanges and dialogues among industries. The development of an industry is like that of an enterprise, with meticulous division of labor. Therefore, the development of each sector of the industry will be more in-depth and detailed. ...View more
