In 2013, the prices of home furnishings and building materials, and indeed the entire industry, were unstable, with significant price fluctuations. Due to shortages of raw materials, the furniture, cabinetry, and flooring industries all experienced price increases, causing considerable confusion for both home furnishing companies and consumers. According to industry insiders, with the rising market trends, the price increase for upholstered furniture will be around 5%, starting at the latest in the autumn.
Industry experts predict a 5% increase in upholstered furniture prices.
Upholstered furniture mainly includes fabric and leather furniture. my country's upholstered furniture market is growing rapidly and has enormous potential, with sales already accounting for half of the furniture industry's market share. With increased technological content, upholstered furniture will utilize fewer natural resources, provide a longer lifespan, and create a comfortable and pleasant living environment, aligning with the trend of developing a low-carbon economy throughout society. Due to its environmental friendliness and durability, upholstered furniture is gaining an increasing market share and is gradually becoming a consumer trend. Given the rising acquisition costs of leather and sponge materials, a price increase for upholstered furniture products is inevitable. According to industry predictions, the price increase will be around 5%, starting at the latest in the autumn.
