In the early days, large home stores and furniture e-commerce platforms mainly focused on selling furniture. However, today, these platforms have evolved into comprehensive one-stop solutions for home needs, offering not just furniture, but also building materials, home decoration, and interior design services. As consumer habits shift toward seeking complete home solutions, the demand for integrated, personalized options has become a key driver behind the rise of the "big home" concept.
The furniture and decoration industries are closely linked, with their integration paving the way for the "big home" vision. Traditionally, consumers had to juggle multiple vendors and service providers during the home renovation process, which was time-consuming and often led to inconsistencies in the final result. The emergence of integrated home solutions is now seen as a natural evolution, offering a more streamlined and efficient experience.
During the 12th Five-Year Plan, the furniture industry saw significant shifts toward customization, overall home concepts, environmental sustainability, and digital integration. This included both industrial and commercial digitization, with information technology playing a crucial role in transforming the sector. Professional furniture e-commerce platforms exemplify this high level of integration. While the furniture industry is traditionally seen as old-fashioned, it is gradually merging with other sectors like home appliances and fashion, leading to a more unified market.
In the future, the number of furniture companies and participants will likely decrease, while the internal structure of the industry will undergo major changes. Furniture brands and decoration companies will work more closely together, including designers and contractors, to deliver full-service home solutions.
According to industry experts, the competition among furniture companies will no longer be between individual businesses, but rather between entire ecosystems and supply chains. The development of consumer behavior and enterprise growth are key drivers shaping the home ecosystem. The mutual influence between consumption trends and furniture innovation determines the direction of the entire industry.
The era of the "big home" has officially begun. To meet the growing demand for personalization and modern lifestyles, the furniture industry must innovate through technology, new ideas, and fresh concepts. Those who can adapt and lead this transformation will emerge as winners in the new normal. Xianghe Furniture City is at the forefront of this exciting evolution.
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