In the case of plate furniture with severe homogeneity, the added value has dropped all the way. Many brands are unable to support huge marketing expenses and are forced to withdraw from the second and second-tier markets one after another. Many of the city’s red star Meikailong, Yuexing,and the House of Honor are only in the boardroom area, leaving only the Red Apple family struggling to support it. . Among them, Huayuanxuan and Fuzhidao, which mainly make plate furniture, were quickly removed from first-tier cities such as Beijing.
However, in less than half a year, several representative furniture brands in Guangdong have filed for bankruptcy. It should be said that the market is in a sluggish state and capital chain breaks are the direct cause. With the pressure of raw materials and labor costs,
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