What is the potential for continued growth in the office furniture industry? Over the past 30 years of China's furniture industry development, the four major regions that have already formed—the Pearl River Delta, the Yangtze River Delta, Chengdu in Sichuan, and the Bohai Rim—have all reached a state of saturation in their development. As coastal regions continue to develop, companies are facing a series of bottlenecks that constrain their growth, including land scarcity, rising labour costs, increased logistics costs, and environmental issues. Meanwhile, furniture companies in western regions like Sichuan, which are nearing capacity saturation, are also actively seeking new opportunities. The transformation needs of coastal furniture companies and the expansion demands of western furniture companies have made the once-quiet central region a strategic focal point for China's furniture industry.
In the coming years, against the backdrop of the ongoing international relocation of the office furniture industry and the domestic furniture industry's transformation and upgrading, a new furniture sector is bound to emerge. Industry insiders predict that this emerging region must possess the following ‘characteristics’: ample sustainable land resources, a central location in a transportation hub, abundant labour resources, promising urban prospects, and forward-thinking government policies.