Increase in furniture product prices and increased costs are the main reasons

The average increase of furniture products last year was about 10%, and this year's furniture prices will continue to rise. Furniture industry insiders said that the estimated increase in the furniture industry this year is equivalent to last year, and the time point will be around "May Day".

The increase in furniture production costs is the main reason

In the furniture industry , there were not many products that appeared to increase in price on the surface last year , but if you carefully analyze the changes in discounts, you will find that prices have increased. At the beginning of the year, you can still get a 20% discount, but by the end of the year, you can only get a 10% discount. In fact, the increase in furniture last year was about 10% . In fact, this year's upward trend has not stopped.

" The labor cost of furniture production is really rising too fast," the furniture industry insiders said that labor cost is the fastest rising part. Judging from the situation of the furniture industry, it has risen roughly 15% this year. More furniture manufacturers have said some good mechanic, wage rises of up to about 20%.

There are also rising costs such as circulation. Not only are the prices of fuels rising, but the rents of warehouses and shopping malls have also risen slightly overall, and the prices of timber are also rising. Last year, the price of wood rose by 5% -10%. This year, wood prices will continue to rise, especially for imported wood. Due to environmental protection considerations, countries have reduced their exports of wood. Timber prices in Africa and other places continue to show a clear upward trend.

The level of increase in furniture prices is reasonable

The furniture industry estimates that the overall increase in various costs will reach more than 10% this year, but considering that each factory will first use internal tapping methods to digest the impact of some costs, such as slightly reducing gross profit margins, increasing material utilization, and adopting more China ’s machinery reduces the labor expenditure per unit product and other ways to reduce the impact of rising costs. It is estimated that the final price increase of the furniture industry this year will be comparable to last year .

" Furniture is a durable consumer product, and it has been used for a long time. Even if the price is increased by 10%, if it is allocated to 10 years of use, the average annual cost will not increase much. " For this year, it will maintain a 10% increase. The industry believes that this is a relatively reasonable level . On the contrary, if the cost increases sharply and the price does not rise at all, it is more likely that there is a problem of cutting corners.