Abstract: The market size of China’s customized home furnation industry expanded from 87.8 billion yuan in 2012 to 290.1 billion yuan in 2018, with a compound annual growth rate of more than 20%.In 2020, the outbreak of COVID-19 will have a certain impact on the customized home furnishing industry at both the production end and the customized end, and the market size will decrease. However, after the outbreak, the customized home furnishing industry is expected to continue to return to the track of rapid growth.Estimated at a compound growth rate of 15.2%, the customized home furnishing market size is expected to increase to 334.2 billion yuan by 2024.
Under the action of multiple factors such as 5G, the Internet of Things and the rapid development of the Internet home decoration market, China’s smart home market shows a dynamic development trend.Data show that from 2016 to 2020, the size of China’s smart home market continued to expand, in 2020, the size of China’s smart home market increased 11.4% year on year to 170.5 billion yuan.With the improvement of the penetration rate of the Internet home decoration market, the scale of China’s smart home market is expected to further expand, and is expected to exceed 200 billion yuan by 2022.
Zhuji, Zhejinag has a home textile factory ZHUJI K.S.M I&E CO.,LTD ( https://www.zjksmtextile.com))
She is mainly exporting fabrics to North America, South America, Europe and other markets.According to the boss, this year’s market is really worse than in previous years, and all the costs and sea freight are crazy price rises, the profit has evaporated.This year has been really difficult.Hopefully 2022 will be a good year.