From January to May, the total profit of the furniture manufacturingindustry witnessed a significant year-on-year decline, and the competition among existing players intensified. Epo Home continuedto close down its offline stores and reduce staff; subsidiaries of MeikeHome entered liquidation, and most small and medium-sized customfactories generally reduced production to control costs.
The export sector faced slight pressure, with the export volume offurniture droppingslightly in the first four months.1.5%; The tariff increase policy for American furniture has beenextended until 2027, providing a short-term relief for the costpressure of foreign trade enterprises. At the policy level, thereis no nationwide subsidy for furniture trade-in programs thisyear. Instead, individual regions have separately introducedlocal support policies for elderly-friendly and smart furniture.
Three important furniture standards to be officially implemented in 2026:The mandatory safety regulations for children's furniture have tightenedthe requirements for environmental protection, anti-clamping and flameretardancy; at the same time, guidelines for green furniture design andelderly-friendly furniture design have been issued, and green living spacesand elderly-friendly renovations have become the main line of productupgrades.
Industry technological breakthrough: Hutoubaby eco-friendly buildingmaterial technology won the gold award at the Geneva InternationalInvention Exhibition; Guangnuo and Qiannanzhou expanded theirdomestic home furnishing industrial parks, and Haier Kaosi successfullyestablished an overseas furniture production base in Thailand.
The 64th Milan Design Fair came to an end. International high-endbrands such as Poliform and B&B Italia reduced the size of theirbooths or even completely withdrew from the main exhibitionhall, instead opting for independent urban exhibition spaces andoffline pop-up experiences. The appeal of traditional large-scaleexhibitions has continued to decline. The core trend of this exhibition: carbon-neutral eco-friendly materials, modularmulti-functional furniture, and Al-integrated home design.
Many large domestic home furnishing brands in Europe and the UnitedStates, as well as well-established furniture factories in Germany andFrance, have gone bankrupt and ceased production. Overseas brandscontinue to shift their basic production capacity to Vietnam and Malaysia.Domestic furniture, relying on a complete production chain and originaldesign, has firmly maintained its share of overseas orders in themid-to-high end market.
Intel has launched the AlWhole-House Central Control System, whichconnects furniture and household appliances. Domestic Al homefurnishing brands have completed financing and are acceleratingtheir expansion into the smart home markets in Europe and America.
Nanyang Shangpin Modern Furniture
