Global panel furniture machinery industry development status analysis

Modern furniture machinery started and developed in Europe, Germany, Italy and China are the world's leading furniture machinery production countries. Germany as the largest producer and exporter of plate furniture machinery, its competitive position and technical level in the international market are significantly higher than other countries and regions, the production of edge banding machine, cutting board saw, CNC drill and other furniture manufacturing equipment are mainly sold to Europe, North and South America, China and other countries and regions. Representative enterprises are HOMAG Group (HOMAG) and IMASchelling (IMASchelling), of which Germany HOMAG Group is the world's leading enterprise panel furniture machinery. Italy is also one of the board furniture machinery manufacturing powers, the board furniture machinery category is complete, many product varieties, the technical level is more advanced, especially the processing center, edge sealing machine and other CNC furniture machinery and equipment, mainly sold to Europe, North and South America, the representative enterprises have BIESSE (BIESSE) and Essman Group (SCMGroup).

After years of continuous and rapid development, China's furniture machinery production enterprises have gradually formed a trend of catch-up in volume, through the display of Shanghai Furniture Expo, consumers can understand that China's furniture equipment technology level is gradually close to or part of the super catch up with the international advanced level, gradually achieve independent design and production in the high-end market, and maintain a large market share in the mid-end market.

China's plate furniture machinery industry development status

Since the 1990s, domestic enterprises in the digestion and absorption of foreign products on the basis of advanced technology, gradually developed to adapt to the domestic market of low-end furniture machinery products, although the product technology content in general and foreign advanced level there is still a certain gap, but in the price is more acceptable to domestic customers. After years of continuous and rapid development, China's panel furniture machinery products have been able to cover all kinds of host equipment and ancillary equipment required for the main processing link of panel furniture, and provide different types of specifications and different grades of equipment products for downstream furniture enterprises.

The change of the downstream furniture industry pattern, coupled with the overall improvement of the technical level of domestic panel furniture machinery manufacturing in automatic control, sensors, servo drive, software and other fields, makes the panel furniture machinery is developing along the trajectory of CNC, automation, intelligence and flexibility, and the high-end panel furniture machinery and equipment characterized by this will become the mainstream of the market. Furniture machinery and equipment manufacturers are also changing from traditional equipment manufacturers to overall solution providers.

With the establishment of the flexible and digital trend of domestic furniture machinery, technology-leading domestic enterprises continue to increase their share in the low-end market with cost-effective products, and continue to impact the high-end market, while low-end enterprises lacking independent research and development and technological innovation capabilities and product homogenization will be eliminated, and industry concentration is expected to continue to increase.

Panel furniture machinery industry market share and key enterprises analysis

In the competitive pattern of panel furniture machinery and equipment, the manufacturers of panel furniture machinery and equipment in developed countries such as Europe have operated for a long time, the brand recognition is high, and the product range is wide, and they have formed a large-scale professional production group across transnational regions, and the competitive advantage of the industry is obvious. The domestic panel furniture machinery and equipment started late, and the market showed a more obvious market differentiation. In the high-end market, a few enterprises through independent research and development and technology absorption and digestion, combined with market demand, independent research and development with their own characteristics of plate furniture machinery and equipment products, in the market has a high brand awareness and market share, formed a clear brand advantage. In the low-end market, mainly small and medium-sized enterprises or early investment enterprises, these enterprises have a low level of technology, lack of core technology and independent research and development capabilities, equipment faces the pressure of upgrading, product homogenization is serious, low profit margin, and market competition is more fierce.

If you want to learn more about the food industry, please visit the Shanghai Furniture Expo website to learn more.

Source: PWC

If there is infringement, please contact delete.