Welcome to DHLL CLOSET INC website, we provide you with quality service, high quality diversified products!

Case center

|

Contact us

|

About us

Company news_DHLL CLOSET INC
Company news_DHLL CLOSET INC
Does the industry have a future? -- Is the custom cabinet industry the golden choice to join in 2024?
Author: Addtime:2024-03-22 Hits:0
As one of the plates with stable development momentum in the custom home industry, the custom cabinet category is accelerating the reshuffle on the one hand, on the other hand, the head enterprise is also accelerating the innovation iteration of the business model, the whole customization has become a new round of concept tuyere in the industry, and the industry is showing a new pattern.

Does the industry have a future? -- Is the custom cabinet industry the golden choice to join in 2024?


Decide to open a building materials store, choose to enter which industry? The first thing to consider is trends. 

One of the most common pitfalls, whether novice or experienced, when researching trends is to assume that 

what's hot is a trend. For example, see a friend around to open a system door and window business is hot, so 

they also want to open one; See who sold integrated stove, want to ask can join a... This way of following the 

trend to choose a category looks like a small risk, in fact, the greatest risk. In fact, the real trend refers to the 

irreversible changes in consumption behavior in a short period of time caused by factors such as changes in 

consumer groups, changes in policy orientation, and economic development.


So the first thing to consider when choosing an industry is: does the industry have a future? Only the industry 

that has the potential to conform to the trend is a good industry that can really make money!


In the past 20 years, the custom home industry has become one of the fastest growing and most stable 

industries, whether it is the industry scale, industrial chain maturity, consumer love, has developed to a quite 

mature stage. 

As the real estate market enters the post-cycle of deep adjustment, the stock market game intensifies, 

intergenerational consumption differences appear, the consumption channel structure changes, and the 

competition in the customized home industry is becoming increasingly fierce.


As one of the plates with stable development momentum in the custom home industry, the custom 

cabinet category is accelerating the reshuffle on the one hand, on the other hand, the head enterprise 

is also accelerating the innovation iteration of the business model, the whole customization has become 

a new round of concept tuyere in the industry, and the industry is showing a new pattern.


First, the home improvement market has space


From the perspective of the size of China's home improvement market, in 2023, stimulated by real 

estate and consumer policies, home improvement consumer demand is expected to hit the peak 

again, the national market size will reach 3925.2 billion yuan, the year-on-year growth rate rebounded 

to 7.3%, the impact of the development of custom home enterprises is also gradually improving, 

the iterative changes in the economy and consumer market, not only stimulate the transformation 

and upgrading of the home improvement industry, It has also caused the cognitive subversion of 

home improvement enterprises in the market dimension.


As a "post-natal cycle" industry, the steady operation of the real estate market has laid a good 

foundation for the development of the industry. In the future, relying on the steady development 

of the real estate market, the continuous promotion of consumption upgrading, the continuous 

deepening of consumer brand consumption awareness, the market competition environment 

of the customized home industry will continue to improve, and high-quality enterprises are 

expected to further enhance market share with comprehensive advantages and continue to 

develop and grow.

拍信素材-194221566-10194221566.jpg(Photo credit: Photo creativity, intrusion)


Second, policy support has confidence


Because customized household products can meet the individual needs of consumers, with the full use of space, 

stable quality, a strong sense of integrity, high environmental standards and many advantages, more and more 

consumers' attention. At the same time, the support of national and local policies provides a favorable development 

environment and broad development space for the development of the custom home industry.


For example, the Ministry of Industry and Information Technology, the Ministry of Housing, the Ministry of 

Commerce, and the General Administration of Market Regulation jointly issued the "Action Plan for Promoting 

the high-quality development of the home industry", which pointed out the direction for the high-quality development 

of the home improvement industry, and 

proposed that the proportion of personalized customization such as reverse customization, whole house customization, 

and scenario-based integration customization has steadily increased, the supply of green, intelligent and healthy 

products has increased significantly, and new business forms such as smart home have accelerated development. 

National and local policy support provides a good market environment for the custom cabinet industry, which is 

undoubtedly the biggest positive for the industry prospects.


Third, category expansion has blue ocean


Starting from the wardrobe and cabinet, the cabinet business kicked open the first door of the customization 

industry, and broke through the 400 billion volume in a few years, becoming the core track on the territory of 

everyone. In recent years, the boundary of custom cabinets has also begun to broaden, from cabinet customization 

to the door and wall cabinet integration of the whole wood customization, the whole customization, light and high 

order and other multi-mode coexistence of the new situation, not only for enterprises to cultivate new growth points, 

open up a broad space for growth to create conditions, but also for users to provide a one-stop home consumption 

of new choices.


Fourth, consumer demand has a future


With the new generation of consumers such as 85 and 90 becoming the main force of the market, their pursuit 

of convenient and personalized consumption needs has spawned a customized market. Decoration means that 

the design, hard and soft decoration in the process of home decoration are completed by one, which is a revolution 

and subversion of the traditional  decoration model; Customization means to achieve tailor-made home space for 

consumers, refusing to paste and copy from the source, and truly realizing a plan, a household and a style.


Custom cabinets hit the new trend of customization, by professional designers to measure the size of consumers, 

communicate design plans, etc., greatly improve the autonomy of consumers in the process of home improvement, 

for the choice of materials, style, etc., consumers can express their views, the greatest degree of respect for consumers, 

improve their home improvement experience. The demand of consumers is the vane of the development of the 

industry, the industry that can meet the demand will naturally have its own growth space, in 2023, a number of head 

factories to the needs of middle and high income families as the core, continue to increase the custom cabinet business, 

choose custom cabinet dealers have a keen insight!

拍信素材-37529069-10037529069.jpg(Photo credit: Photo creativity, intrusion)


Fifth, the channel market has increased


From the current situation of the domestic custom cabinet industry, China's custom cabinet industry has maintained 

a sustained and stable growth trend from 2012 to 2021. By 2022, the market size of the domestic custom cabinet 

industry will reach 125.07 billion yuan, which is becoming a new engine driving the growth of the custom industry.


At the same time, consumers' demand for the whole model and the whole home customization is also gradually 

increasing, and the majority of consumers take the whole-house customization and partial customization in the 

choice of furniture purchase methods. In addition, more than 80% of family decoration costs are more than 

100,000, and more than 200,000 account for nearly 50%, and decoration expenditure occupies an important 

position in family expenditure.


The custom cabinet industry has ample room for growth and is the star track in the home industry. Whether 

you are a veteran of the building materials industry for many years, or a new entrepreneur with a dream, 

the field of custom cabinets is full of opportunities, and now is the best time to transform and upgrade 

and move towards success! Choose to join the custom cabinet industry, not only represents your keen 

insight into the future trend of home, but also means that you will stand on the cusp of the industry and 

share the dividend brought by the growth of the industry.


Source: https://www.chinachugui.com/news/1612877.html


Author: Yang Fan


Copyright:DHLL CLOSET INC