Panel furniture is gaining popularity over solid wood furniture due to its cost-effectiveness, high-quality stability, and easy transportation. It adapts well to fashion trends, making it popular in overseas markets. Advanced CNC machinery like automatic edge banding machines and CNC panel saws are used in manufacturing, ensuring high craftsmanship and automation.
Classification of furniture industry
Wooden furniture
- Panel furniture
- Solid wood furniture
- Non-wood furniture
The market size of has exceeded that of solid wood furniture, with the gap continuing to grow.
Offers several advantages over solid wood furniture, such as easy assembly and disassembly, a variety of styles, minimal space requirements, resistance to deformation, ease of customization, and affordability. These benefits make it increasingly popular among the new generation of consumers.
According to the Frost & Sullivan report, in 2014, the market size of panel furniture in China was 261.8 billion yuan, compared to 194 billion yuan for solid wood furniture. By 2019, the market size has grew at a compound annual growth rate (CAGR) of 7.2% to 371 billion yuan, outpacing the solid wood furniture’s CAGR of 6.5%.
The export of panel furniture exceeds that of solid wood furniture mainly because:
- Cost Advantage: More affordable.
- Quality Stability: It maintains high stability, avoiding issues like cracks caused by moisture or climate changes.
- Ease of Transport: It can be easily disassembled and compressed, reducing shipping costs.
- Customization: Consumers find it easier to design styles that combine fashion and comfort.
These factors contribute to its popularity in overseas markets.
In order to ensure the craftsmanship quality of panel furniture products and improve the level of automated production, modern panel furniture manufacturing relies more on modern CNC machinery and equipment such as automatic edge banding machines, CNC panel saws and automatic multi-row drills.
