Right now, during the peak season of decoration, building materials have been raised in price. Correspondingly, some well-known first-line furniture brands in China have also raised their prices.
Furniture manufacturers say labor costs have become the biggest factor in price increases. Some merchants who have received price adjustment notices familiar with the home improvement industry know that if the building materials in the home improvement market rise first, the furniture industry will generally follow.
It is understood that some well-known first-line furniture brands in China have raised prices. This will drive the overall price increase in the furniture industry.
The reporter learned in the interview that some merchants in the province said that they have received the price adjustment notice from the manufacturers, and they are expected to adjust the price after the “May 1stâ€, with a range of around 5%. Most sellers are reluctant to admit that furniture prices are about to rise, but one seller admits that cost pressures have already reduced profits, and price increases are inevitable.
According to relevant persons of the Provincial Furniture Association, “there are too many brands in the home market and the competition is very fierce. Enterprises will decide whether to raise prices according to their own brand image. If the price increase is also some individual products or well-known brands, it will not be collective. Up."
According to industry insiders, the price adjustment of some merchants is not blatant, but the price increase by the time of launching new products. Moreover, in the peak season of sales, there are more promotions in major shopping malls, and it is easier for consumers to accept them.
Cost pushes up the price "The rise in labor costs is too fast." Li Yajun, sales manager of a furniture manufacturer in Shenyang, said that labor costs are the biggest factor in rising pressure. At the beginning of last year, the average wage of workers was 2,000 yuan/month, and now it has risen to more than 3,500 yuan. Some high-end furniture requires engraving technology, and such workers need more than 15,000 a month. Even if there is no order, it is necessary to raise workers. This kind of talent is quite scarce in the north. Once lost, it is also a loss to the enterprise, which also adds a lot of cost to the enterprise. At present, some furniture manufacturers in the south are preparing to move production sites to Southeast Asia, processing them into semi-finished products abroad and then processing them into finished products at home to reduce labor costs.
According to industry insiders, the prices of paints, hardware accessories, fabrics and leather materials have been raised by 10% to 30%. It is expected that the furniture industry will increase by 5% to 10%.
Consumers often marry a woman in June, but she thinks: "Furniture is a durable consumer product. It takes a long time to use, even if the price increases by 5% to 10%. If it is allocated to 10 years of use, the cost is calculated. Not much. If the price rises according to the rising cost, although the price will be slightly higher, quality assurance is the most important."
According to industry insiders, the furniture industry in the country has risen during the “May 1st†last year, and it is expected that the “May 1st†will raise prices this year. Remind consumers who need it, may wish to buy it earlier.
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