Furniture profit space narrows traditional industries and needs high-tech

As one of the traditional industries in Shenzhen, the furniture industry will undergo a test in the downward adjustment of the export tax rebate rate. “It will definitely be more painful!” The responsible persons of many foreign trade furniture companies bluntly said the adverse effects brought about by policy adjustment. “At the end of last year, the export tax rebate rate for furniture products has already been lowered, and 2 points have been lowered. Many foreign orders have to be abandoned. This time, the export tax rebate rate is lowered to 11% or 9%, making business harder. The head of a furniture company that did not want to be named is not optimistic about the current situation. Industry experts believe that for furniture companies, the export tax rebate rate has been lowered by 2%. Simply put, the cost has increased by 2%, and the profit margin of many furniture exports is often between 1% and 2%. "The narrowing of the profit margin will certainly have an adverse impact on the furniture enterprises, but it should also be noted that after the export tax rebate rate is lowered, it will accelerate the process of the furniture company's survival of the fittest, thereby optimizing the furniture industry structure. Some small enterprises may be here. Under the impact of 'smashing off', and some furniture companies relying on brand development and relying on technological innovation to establish advantages and occupy a large share in the international market, will show competitiveness in this 'adversity', the impact of export tax rebates on them It will be very small." Shenzhen Furniture Industry Association experts said. At present, Shenzhen has formed a complete industrial chain of furniture production, distribution, accessories, exhibitions, etc., and has become a major domestic furniture R&D center. It has been at the forefront in the design, modeling, function, comfort and practicality, and its industrial scale. , product quality, design talents, etc. rank first in the country's large and medium-sized cities. Shenzhen holds two large-scale international furniture fairs every year, which has increased the popularity of “made in Shenzhen” furniture products. However, the Shenzhen furniture industry also has problems of capital bottleneck, low labor productivity, and low concentration of famous brands. After the export tax rebate rate is lowered, the Shenzhen furniture industry will enter a crucial period of survival of the fittest. The person in charge of the Shenzhen Furniture Industry Association suggested that in this process, it is necessary to integrate the high-tech grafts applicable to industries such as electronics and new building materials, thereby increasing the added value of furniture products. At the same time, we should increase the intensity of scientific and technological innovation, and through active research and development, we will produce more environmentally friendly and brand-friendly furniture products, so as to improve the competitiveness of Shenzhen furniture in the international market.


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