Global Home Furnishing Weekly Report (5.6-5.12): China's furniture exports increased by 20.4% year-on-year from January to April, and Qumei Home Furnishing 2024 Renewal Plan ......

The total import and export volume of ceramic tiles in the first quarter fell by 1.23%

China's furniture exports increased by 20.4% year-on-year from January to April

The 3rd Home Furnishing Festival was officially launched

Jiangxi children's furniture spot check 8 batches of household bunk beds unqualified

The first quarter report card of Zhejiang furniture industry was released

In the first quarter, the number of complaints about furniture products decreased by 8.25% year-on-year

The 21st Qingdao International Furniture Fair opened

The 2023 financial reports of 152 listed building materials and home furnishing companies were released

Yunshitong East China Base started construction with a total investment of 2 billion

Sikadegao 2024 whole house waterproof new product was released in Beijing

Qumei Home Furnishing launched the 2024 renewal plan

Xiyingmen took over the No. 1 store of Red Star Macalline in Fujian

Liu Shunping, the former vice president of Oppai, officially announced the establishment of a consulting company

‧ Mingpin decoration Song Yun aesthetics new product debut

1. The total import and export volume of ceramic tiles in the first quarter decreased by 1.23%

On May 7, relevant data from the General Administration of Customs showed that from January to March 2024, the total import and export volume of ceramic tiles in mainland China was 948 million US dollars, a year-on-year decrease of 1.23%; Among them, the total export value was 930 million US dollars, a year-on-year decrease of 0.71%, and the total import value of ceramic tiles was 17.2137 million US dollars, a year-on-year decrease of 22.92%.

2. China's furniture exports increased by 20.4% year-on-year from January to April

On May 9, the General Administration of Customs released data showing that from January to April 2024, China's furniture exports increased by 20.4% year-on-year to 168.55 billion yuan, a record high for the same period in history. April's monthly performance was also impressive, with a month-on-month increase of 12.6%. Overall, in the first four months of this year, China's total import and export value was 13.81 trillion yuan, a year-on-year increase of 5.7%.

3. The 3rd Home Consumption Festival was officially launched

On May 6, the 3rd National Green Smart Home Consumption Festival opened in Tongzhou Store, Beijing. This year's Home Furnishing Consumption Festival brought together hundreds of well-known stores such as Home Furnishing, Red Star Macalline, Jimei Home Furnishing, etc., covering 21 provinces and municipalities and 186 cities across the country, with the theme of green and intelligent, and comprehensively stimulating the consumption vitality of the home furnishing market. Compared with previous sessions, this year's Home Consumption Festival pays more attention to the two themes of green and smart.

4. Jiangxi children's furniture spot check 8 batches of household bunk beds are unqualified

According to the official website of the Jiangxi Provincial Administration for Market Regulation, in 2023, the Jiangxi Provincial Administration for Market Supervision will organize a provincial supervision and spot check on the quality of children's furniture products, with a total of 42 batches of children's furniture products and 11 batches of unqualified products, with a random inspection failure rate of 26.1%, involving Jiangxi Ganhong Education Equipment Group Co., Ltd., Nankang District Yanlin Furniture Factory, etc. In addition, among the 10 batches of household bunk bed products randomly checked, 8 batches of products were unqualified, and the failure rate of spot checks was 80%, involving brands such as Mandoxiong, Toon Bud, Yafei Shengshi, and Baichi.

5. The first quarter report card of Zhejiang furniture industry was released

According to the statistics of the Zhejiang Provincial Department of Economy and Information Technology and the Provincial Bureau of Statistics, in the first quarter of 2024, the cumulative output of furniture enterprises above designated size in Zhejiang Province will be 69.3588 million pieces, a cumulative increase of 13.4%; The total industrial output value was 27.876 billion yuan, a year-on-year increase of 16.8%. In March, the output was 27,187,600 pieces, an increase of 10.1%; The total industrial output value was 11.442 billion yuan, a year-on-year increase of 11.4%. According to the statistics of the 1,140 enterprises above designated size in the province, from January to March, there were 538 loss-making enterprises, a year-on-year decrease of 4.6%, and the loss of loss-making enterprises was 608 million yuan, a decrease of 10.2%.

6. The number of complaints about furniture products in the first quarter decreased by 8.25% year-on-year

On May 9, the official website of the China Consumers Association released the "Complaints Accepted by the National Consumers Association in the First Quarter of 2024". It is understood that in the first quarter of 2024, the number of complaints about housing and building materials will be 5,224, with a complaint proportion of 1.51%, a year-on-year decrease of 1.2%, ranking seventh in terms of the number of complaints. Among the specific commodity complaints, the number of complaints about furniture products was 6,582, a year-on-year decrease of 8.25%, ranking ninth in terms of the number of complaints. According to the complaint data of major service categories, the number of complaints about housing decoration and property services was 4,325, with a complaint proportion of 1.25%, a year-on-year decrease of 0.43%, ranking ninth.

7. The 21st Qingdao International Furniture Fair opened

On May 9, the 21st Qingdao International Furniture Fair and Whole House Customization Exhibition, International Woodworking Machinery and Raw and Auxiliary Materials Exhibition opened in China Railway Qingdao World Expo City. There are 12 exhibition halls in this exhibition, and a total of 1,500 upstream and downstream enterprises from all over the country participated in the exhibition, with a total scale of 180,000 square meters.

8. The 2023 financial reports of 152 listed building materials and home furnishing companies are released

The 2023 earnings season has come to an end, and the financial reports of 152 listed building materials and home furnishing companies have all been released. According to statistics, in the first three quarters of 2023, a total of 63 listed companies in the building materials and home furnishing industry experienced a decline in revenue, and 28 companies lost money, which was slower than that of the previous two years.

9. Yunshitong East China Base started construction with a total investment of 2 billion

On the morning of May 6, the East China Software Home Science and Technology Park project started in Huai'an District, Jiangsu Province. It is reported that the Yunshitong East China Software Home Science and Technology Park project is located in Huai'an Economic Development Zone, invested and constructed by Yunshitong (China) Furniture Co., Ltd., and is the world's fourth factory base in Huai'an District. The total investment of the project is planned to be 2 billion yuan, and the annual invoice sales can be 2 billion yuan within three years after completion and operation, and the main products are furniture, sofas, mattresses and bedding.

10. Sika Delgao 2024 whole house waterproof new product was released in Beijing

On May 8, the first anniversary of the implementation of the new national standard "Waterproof General Regulations", Sika Degao held a new product launch conference with the theme of "New National Standard, New Technology, and New Quality Productivity" at the National Aquatics Center. It is understood that the new product "JCDecaux Waterproof Dibao Mortar" not only continues the brand's consistent ingenuity quality, double-sided impermeability, thick batch crack resistance; It has also introduced European core technology and achieved new breakthroughs in the industry in terms of application technology and efficiency.

11. Qumei Home Furnishing launched the 2024 renewal plan

On May 9, Qumei Home Furnishing held the "Make Home More Imaginative-2024 Qumei Home Furnishing Renewal Plan Conference" in Beijing, officially launching the "2024 Qumei Home Furnishing Renewal Activity", opening a new concept of "Home Furnishing 3.0 Era", promoting consumption and benefiting people's livelihood with practical actions, and actively promoting the upgrading of household consumer goods. Zhao Ruihai, chairman of Qumei Home Furnishing, said that the "old for new" activity is a long-term and far-reaching important action, which is not only a commitment to users, but also a commitment to social responsibility.

12. Xiyingmen took over the No. 1 store of Red Star Macalline in Fujian

On May 10, Xiyingmen International Commercial Chain Enterprise officially announced that it would take over Fuzhou Red Star Macalline Fujian Global Home Furnishing No. 1 Store, and since then it has opened a new development model of "one city, two stores" in Fuzhou. It is understood that Red Star Macalline Fujian Global Home Furnishing No. 1 store opened in 2020, which has been in business for 5 years. Tianyancha shows that the owner of the mall has been changed to Fuzhou Xiyingmen Industrial Co., Ltd., and the legal person has also been changed to Wei Jinbiao, chairman of Xiyingmen Group.

13. Liu Shunping, the former vice president of Oppai, officially announced the establishment of a consulting company

On May 11, Liu Shunping, the former director and vice president of Oppai, officially announced that he would establish a third-party consulting company with Li Qian, a senior expert in the home furnishing industry, to focus on serving the development of the new housing industry. It is reported that Liu Shunping has worked in Opai Home Furnishing Group for nearly 18 years, and officially announced his resignation in March 2024, and is a well-known professional manager in the home furnishing industry. This time, Liu Shunping and Li Qian joined hands to jointly launch the "New Housing Industry Ecological Empowerment Project" to be an enabler of the new housing industry.

14. Mingpin decoration Song Yun aesthetics new product debut

On May 12th, Mingpin Decoration held a ceremony with the theme of "Retrospective · The 2024 new product launch conference with the theme of "Esthetician", four series of Song Yun aesthetic products were newly launched. It is understood that Mingpin Decoration will combine Song Yun culture with modern home design, and launch a new Song Yun aesthetic whole product, which is not only the inheritance and development of Song Yun culture, but also a new exploration and innovation of home aesthetics.