The transformation of China's private furniture hardware industry

China's furniture manufacturing enterprises generally present a number of problems such as miscellaneous brands, low grades, insecure quality, impractical technology and fancy, small scale of enterprises, and non-standard industries. Moreover, a relatively small number of local furniture companies still exist in the form of workshop production and family operation. Not to mention the importance of corporate culture, talent management, and industrial exchanges and cooperation. Most of these companies lack governance of risk resistance and industrial structure. In addition to the economic system and policy influencing factors, such private enterprises should improve their own problems.

In recent years, the competition in the furniture industry has also changed. With the improvement of the external environment, the company has increased its development experience and its overall quality has been continuously improved. The low-end furniture companies began to pay attention to quality and corporate culture. The cooperation and communication between the companies has also become more frequent. The company has also begun to deepen the development of the brand and in-depth excavation. From the phenomenon of subdivision at all levels, we can see the new industry trends in the synthesis era. Also more prominent.

The high-end industry is not easy for the fiercely competitive hardware furniture market. However, under the support of some leading companies and relevant supporting integration, this industrial agglomeration is gradually deepened, and specialization, scale, and modern industrial clusters form unique competitiveness and influence.

Development of low carbonization In the past decade, the extensive energy-consuming enterprises in the furniture industry have also been driven to low carbon and cleanliness, driven by international low-carbon policies.

The large-scale international environment of the enterprise is still quite beneficial to China's hardware furniture enterprises. It is a rare opportunity to strengthen the integration and integration with the international market and improve the international operation level of the company. The international emphasis on consumption as a driver of economic development and the accelerating pace of urban-rural integration have played a positive role for companies with strategic plans to expand their capital strength and expand production and listing.

Cooperation in the development of resource sharing, information exchange, division of labor, and promote the in-depth development and expansion of the industry.

Socially responsible furniture companies should combine their development strategy with their commitment to social responsibility, enhance citizen awareness, raise employee wages and benefits, and promote higher-level corporate development. Luo Baihui, head of the International Mould and Hardware and Plastic Industry Suppliers Association, said that at present, China’s private economy has accounted for more than 80% in some regions and has made tremendous contributions to China’s development. Small-scale, family-run furniture companies are under the impact of social development, forcing them to undergo changes in the way they manage their businesses, and to form a standardized corporate governance structure combining centralization and decentralization. Private enterprise culture and standardized industry technical structure, through the allocation of shares, the introduction of professional managers, the standardization of the governance structure. In the next decade, it is expected that the arrival of a new trend in the era of synthesis will bring a new wave to hardware furniture companies, which will make this industry stand out in the hardware industry and achieve even better results.