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What are the Problems in the Development of the Furniture Hardware Industry?

With the continuous improvement of the national economy, my country’s furniture industry has developed rapidly in the past 30 years, and its production capacity has accounted for 25% of the world’s total. As an inseparable and closely connected community, the furniture hardware industry has some problems while it is constantly developing and evolving:

  1. The industry is highly competitive and lacks high-end brands
    A small hardware market, there are hundreds of furniture hardware companies. The industrial area is concentrated, the competition among enterprises is fierce, and customers run away without paying attention. Although there are many small businesses, they lack high-end brands, resulting in uneven product quality. In order to conform to the psychology of Chinese people and not be eliminated by the market, large domestic home furnishing brands all use well-known foreign brands.
  2. Insufficient awareness of innovation
    In today’s rapidly changing era, sticking to the rules is tantamount to being eliminated by the market. At present, domestic furniture hardware is relatively lacking in innovation, and many hardware products are imitated by foreign brands. The degree of personalization of the product is low, and it cannot be based on domestic actual research and development. The industry’s sense of smell is not enough. Even some well-known domestic brands are the same. Although they have their own R&D team and R&D personnel, they have not made creative breakthroughs in the field of furniture hardware. Instead, they are constantly following in the footsteps of foreign countries.
  3. Contradiction between supply and demand
    With the continuous improvement of per capita income level, consumers’ consumption concept is also constantly changing. The sensitivity to price is lower than before, but the quality and experience have been significantly improved. The overall manufacturing level of domestic furniture hardware companies is low, and many companies are still ignoring consumer demand in price wars. Universal hardware products are increasingly unable to meet the individual needs of consumers.
  4. Standardization is not clear
    The lack of standardization means that middlemen cannot uniformly judge product quality according to standards and give appropriate prices. Some unscrupulous manufacturers often cut corners in the manufacturing process, and then develop into consumers who cannot buy products of corresponding quality at a suitable price, while good products are unknown for various reasons.
  5. Green
    “Green” and “environmental protection” have become the most concerned issues of modern people, and the furniture hardware industry is no exception. As we all know, in the traditional manufacturing industry, metal extraction is very harmful to the environment and human body. Contrary to my country’s policy and ecological philosophy, environmental protection is imperative. In fact, the production of green standards can not only protect the ecology, but also increase the service life of the product and allow the healthy development of the enterprise.