2019 Hotel Furniture News

Hotel furniture is a hotel engineering project. The design of the hotel project is designed in conjunction with the indoor environment. It is necessary to directly consider the harmony between the indoor function and the environment. 2019 Hotel Furniture News continues to report for you!

2019 Hotel Furniture News

In addition, depending on the star rating requirements, style requirements vary. Hotel furniture generally includes hotel room furniture, hotel living room furniture, hotel restaurant furniture, hotel fixed furniture, public space furniture, conference furniture, etc.

With the continuous innovation and development of the furniture market, its segmented industry hotel furniture has entered the era of brand competition. 2019 Hotel Furniture News keeps you on the trend of the furniture industry!

In 2018, the total output value of hotel supplies nationwide reached 1.6 trillion yuan, accounting for more than 40% of the country’s total output value, ranking first in China.

According to relevant department data, the Chinese furniture market has grown from a market size of 10 billion in 1990 to a market size of 780 billion in 2018. In the course of 20 years of development, the furniture market has become the fifth largest industry in China, and its market capacity has surpassed that of the household appliance industry. The average annual growth rate is 20%-30%. As a pillar of the hotel furniture, the hotel furniture is also responding quickly to market demand.

2019 Hotel Furniture News

In 2017, the report of the 18th National Congress of the Communist Party of China put forward the concept of building a “beautiful China”. It shows that energy conservation and emission reduction and the development of a green economy will be the necessary guarantee for building a “beautiful China”. A new round of government-led large-scale investment construction, especially The urbanization infrastructure construction is accelerating, the government office environment continues to improve, the reform of the weak people’s livelihood projects, the centralized release of affordable housing procurement projects, and hotel furniture become new development opportunities in the new market segment of government procurement.

According to the 2019 hotel furniture news information, the steady development of urbanization across the country, consumer demand continues to pull, the market share of the furniture industry and hotel supplies industry has also expanded. The data shows that market demand is expected to reach 4 trillion by 2020.