The high price of mahogany furniture is an inevitable trend

The price of mahogany furniture has been rising all the time, but the mahogany furniture that is positioned at the high-end consumers does not seem to be a buyer, mainly because the buyers of mahogany furniture are often high-end groups. The reason why the purchase of mahogany furniture is because it values ​​its content and culture. . In the case of general rise in raw material prices, the rise in mahogany furniture is an inevitable trend. Under such developments, more and more people who really like mahogany furniture will only "hurry their hands."

Mahogany furniture market opportunity

With the rising prices of raw materials and rising costs, some solid wood furniture on the market is expensive, and some even approach or exceed the retail price of some mahogany furniture. Many stores and the owner of the mahogany shop said that some customers who want to buy solid wood furniture, after comparing with the mahogany furniture, think that the same shape of things, since the price of mahogany furniture is not much higher, it is better to choose mahogany furniture.

In the eyes of many consumers, mahogany furniture is a high-end consumer goods, and its value is still beyond the reach of solid wood furniture, so 95% of consumers will choose mahogany furniture in the same price comparison. After all, mahogany furniture is a value-added commodity, its raw materials have been reduced year by year, and it has a very high collection value, and the future prospects are still optimistic.

Two changes in the consumption market of mahogany furniture

Senior market researchers believe that there are two shifts in the domestic mahogany market:

First, the focus is changed from the material and style of furniture to the artistic level and historical and cultural connotation;

Second, after the market's complete competition, the establishment of major brand styles, the previously more balanced furniture prices turned to boutique, the best products, the model of strong mahogany furniture will have a broader price up space.

The mahogany market is becoming increasingly competitive. Many powerful manufacturers actively adjust the industrial structure and technical level under the current situation. On the one hand, they strengthen product quality and design innovation. On the other hand, they actively explore the market in raw material production areas, which not only reduces costs, but also further the enterprise. The foundation for development. Under such competitive conditions, in order to survive, small and weak enterprises have to quickly withdraw funds through price cuts in order to maintain future operations. It is expected that by the second half of the year, with the gradual recovery of the macro economy, the price of mahogany furniture will also rise steadily. ”

This article was edited by GO Jiaju Suzhou Home Network.

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