China Carpet Industry Development Trend

- Nov 11, 2019-

(1) The carpet industry is developing rapidly

In 2005, the total assets of the carpet industry was 11.147 billion yuan, an increase of 18.49% over the same period of last year; the sales income was 13.067 billion yuan, an increase of 23.79% over the same period of last year; the total profit was 668 million. Yuan, an increase of 18.37% over the same period last year.

In 2006, the annual meeting of the China National Arts and Crafts Association Carpet Professional Committee was informed that the total output of the national mechanism carpet in 2005 was 120 million square meters, an increase of 27.8% over the previous year; the export of mechanism carpets was 34 million square meters. With an annual growth rate of 57%, it has achieved remarkable results.

In 2005, China exported a total of 175 million square meters of carpets and earned 930 million US dollars.

(2) The social environment will drive the development of the carpet industry

In recent years, China's tourism hotel industry and real estate industry have developed rapidly, and the carpet market continues to grow at a rate of more than 20%. It is estimated that the growth of Chinese carpets will remain strong in the next few years. In particular, the Beijing 2008 Olympic Games, the Shanghai 2010 World Expo, the Guangzhou 2012 Asian Games, and the construction of CBDs in major cities will provide strong support for the continued growth of the commercial carpet market. The Chinese mechanism carpet industry will enter history. The fastest growing period.

With the improvement of living environment and the improvement of living standards in China, the potential of China's home carpet market will be gradually developed, which will play an important role in the development of the entire carpet industry.

With the elegance and comfort of carpets and the lowest release of harmful gases in all flooring materials, the sales of carpets will increase significantly in China. New market demands will create many new business opportunities for the development of the carpet industry.

(3) Popular patterns and styles of carpets in recent years

In the 21st century, carpeting throughout the room seems to be outdated, replaced by a small area of carpet fabric placed under the coffee table in the living room or at the end of the bedroom. The popular carpet styles in recent years are mainly concentrated on elegant plants and geometric patterns. The main elements are the leaves and grasses of plants, as well as the lines and curves of geometric elements. Celebrating 08, welcoming the Olympics, the carpet with the theme of Olympics or green is more popular. Among the carpets exported to foreign countries, carpets with Chinese elements, especially the Dream of Red Mansions, are very popular.

(4) The road to quality and brand is inevitable

It is reported that the largest carpet manufacturer in the world is preparing to enter China. It is expected that the competition in the Chinese carpet market will become more intense in the next few years. At that time, the Chinese carpet industry will face a reshuffle, but it will be more orderly. At that time, the carpet market segmentation trend is obvious, and each carpet company will pay more attention to differentiated development, and will develop its own market strategy in a targeted manner. At the same time, more and more enterprises will go out of the misunderstanding of price wars and embark on the road of quality and brand competition.