Sofa is a kind of upholstered multi-seat chair, a back chair with springs or thick foam plastic, etc., with armrests on both sides, and is a kind of soft furniture.
Definition of Sofa from Wikipedia
A couch, also known as a sofa, settee, futton, or chesterfield, is a piece of furniture for seating multiple people. It is commonly found in the form of a bench, with upholstered armrests, and often fitted with springs and tailored cushion and pillows.Although a couch is used primarily for seating, it may be used for sleeping. In homes, couches are normally put in the family room, living room, den or lounge. They are sometimes also found in non-residential settings such as hotels, lobbies of commercial offices, waiting rooms, and bars. Couches can also vary in size, color, and design.
Definition of Sofa from Wikipedia
A couch, also known as a sofa, settee, futton, or chesterfield, is a piece of furniture for seating multiple people. It is commonly found in the form of a bench, with upholstered armrests, and often fitted with springs and tailored cushion and pillows.Although a couch is used primarily for seating, it may be used for sleeping. In homes, couches are normally put in the family room, living room, den or lounge. They are sometimes also found in non-residential settings such as hotels, lobbies of commercial offices, waiting rooms, and bars. Couches can also vary in size, color, and design.
1. Overview Of The Development Of The Sofa Industry
The development of China's sofa industry has maintained a good momentum, and China is also the world's largest producer of upholstered furniture.
As of the end of 2020, the total number of sofa consumption in China was 18.43 million, an increase of 1.15 million over the previous year, or a year-on-year increase of 6.66%; in the future, the Chinese sofa consumption market will maintain a relatively stable and relatively high-speed growth.
The development of China's sofa industry has maintained a good momentum, and China is also the world's largest producer of upholstered furniture.
As of the end of 2020, the total number of sofa consumption in China was 18.43 million, an increase of 1.15 million over the previous year, or a year-on-year increase of 6.66%; in the future, the Chinese sofa consumption market will maintain a relatively stable and relatively high-speed growth.
China's consumption upgrade drives the shortening of the second decoration period, and the huge refurbishment market of stock houses promotes the demand for home renovation. As of the end of 2020, the number of sofa consumption sets in China's stock houses was 8.4 million sets, an increase of 1 million sets over the previous year, a year-on-year increase of 13.51%; the proportion of secondary decoration sets will further increase in the future.
As the real estate market started from a state of rapid development and gradually returned to a stable state, the number of newly renovated sofas in China continued to increase. As of the end of 2020, the number of newly renovated sofa sets in China was 10.03 million sets, an increase of 140,000 sets over the previous year, a year-on-year increase of 1.42%; the market demand for newly renovated sofas will continue to grow in the future.
Due to the soaring prices of various raw materials and the rising cost of sofas, the average ex-factory unit price of sofas has increased year by year. As of the end of 2020, the average ex-factory unit price of sofas in China was 3,528 RMB, an increase of 78 RMB over the previous year, and a year-on-year increase of 2.26%; the price of sofas will show a further growth trend in the future.
Data from authoritative consulting companies show that the development of China's sofa manufacturing industry has maintained a good momentum, and China's sofa industry has gradually entered a period of stable development. As of the end of 2020, the size of China's sofa market was 66.6 billion RMB, an increase of 5.6 billion RMB over the previous year, a year-on-year increase of 9.18%; the size of the sofa market will continue to grow in the future.
Under the background of consumption upgrade, the increase in the renovation of existing houses, and the acceleration of urbanization, the upholstered furniture market has grown steadily. As of the end of 2020, the penetration rate of soft sofas in China was 81.2%, an increase of 0.2 percentage points over the previous year; the demand for soft home furnishing is huge in the future.
2. Development Prospects Of The Sofa Industry
Although there are still many problems in the Chinese sofa market, opportunities and challenges have always coexisted. As long as the sofa enterprise can break through the current development bottleneck, it will definitely have a broader future under the favorable background.
Although there are still many problems in the Chinese sofa market, opportunities and challenges have always coexisted. As long as the sofa enterprise can break through the current development bottleneck, it will definitely have a broader future under the favorable background.