May 09, 2024

In 2013, the flooring industry will enter the transition period

In 2013, the flooring industry will enter the transition period Recently, Qin Zhanxue, vice president of the China Building Materials Circulation Association, pointed out in an interview with reporters that at present, the entire building materials industry including the flooring industry has entered a period of transition.

The national building materials boom index (BHI index) issued jointly by the Ministry of Commerce's Circulation Department and the China Building Materials Circulation Association has provided us with a reference. The BHI index researched and published by the China Association of Building Materials Circulation shows that in the two consecutive months of October and November of last year, all indicators are in a downward trend compared with the same period of last year. In the peak season of sales in October last year, the prosperity of the building materials home market did not appear to have risen as much as in previous years.

Qin Zhanxue told reporters that although the BHI index is mainly concerned with home building materials, it also reflects the development of the entire floor building materials market and even the real estate market.

At the same time, the circulation market is also accelerating the reshuffle. The once strong home stores have also taken the initiative to lay off their positions this year. Through a series of preferential measures such as rent reduction, they help and help dealers to spend the “winter season”. Even so, various unfavorable factors such as the shrinking of the market, rising costs, and intensified competition have caused instability in the home furnishing industry. Since the beginning of this year, there have been reports of negative events such as the withdrawal of stores, the closure of stores, the running of bosses, and the breakdown of distributors' capital chains.

In Beijing alone, since March of last year, there have been a number of stores, including Beijing Xinglong Home Building Materials City, Jinkai Leading Furniture Stores, Oriental Homeland Lishuqiao Store, Baianju Bridge North Store, etc., or have been closed or removed.

Not long ago, Home Depot, the second largest retail giant in the United States and the world’s largest home furnishings retailer, was unable to survive the winter in the Chinese market. Overnight announced the closure of all stores in China. The same is true for foreign-funded home building giant Baian Habitat in China these years is also quite suffering, and its financial report shows that in Mainland China has been losing for six consecutive years.

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