Global furniture development situation

(1) Industrial scale



Based on the comprehensive global per capita income of Yiou Home Furnishings and the data of various subdivisions, in 2018, the global home improvement market was estimated at 5.6 trillion US dollars.

From a national perspective, the United States is the largest market with a scale of US$1.03 trillion, accounting for 18.5% of the global share; China and Japan follow closely behind. China’s home improvement market in 2018 was US$0.63 trillion, accounting for a global share The share of 11.3%, while Japan’s equivalent to RMB 0.34 trillion, accounting for 6.2% of the global share.

From a regional perspective, the scale of Europe, North America, and the Asia-Pacific region is relatively considerable, and Europe accounts for 30% of the global share. This is due to the strong consumption power and attitude of consumers from high-income countries and emerging markets. The unremitting pursuit of quality life.