Functional Sofa Furniture Market

Functional sofa furniture is gradually gaining popularity through channel expansion and other channels to consolidate the leading position of functional sofas. Sofas The penetration rate of domestic functional sofas is expected to be further improved,sofas and the space is vast. As a leader in the functional sofa field, sofas the company is expected to further increase its share and share growth with its excellent brand effect and expansion of sales channels. As the sole target of the Shanghai-Hong Kong Stock Connect, sofas the company's valuation has a large advantage and deserves attention.

The domestic functional sofa furniture market is vast and the industry concentration is expected to increase further. Because of its rotatable, stretchable, and free combination, sofas it is more in line with the consumption needs of modern people. With the continuous rise of the consumption level of our residents, sofas functional sofa furniture has become the choice of new furniture and furniture upgrades for many families. The penetration rate of China's functional sofa market will increase by 0.3% to 0.5% per year. It is expected that China's functional sofa market will account for 10.6% in 2016. With reference to the US functional sofa market, sofas the market share remained at around 40%. The size of my country's functional sofa market was 5.85 billion Hong Kong dollars in 2013, with a market share of only 9.2%. At the same time, sofas the industry leader has advantages in brand building and expansion of sales channels. We believe that this advantage will further increase the concentration of functional sofa furniture market in the future,sofas and we are optimistic about the company's market share in the future.