1. Luoyang's Ascent in the Global Steel Furniture Realm
In China, Luoyang has emerged as a crucial force in the global steel furniture domain. Originating from humble hand - made workshops in the 1980s, Luoyang's steel furniture industry has now evolved into a large - scale, high - tech industrial cluster, leading the global industry development.
- Impressive Growth Figures of Luoyang's Steel Furniture Industry
In the first half of 2024, the export value of steel furniture supervised by Luoyang Customs reached 14.2 billion yuan, showing a year - on - year growth of 20.9%. Currently, the industry has an annual output value of 160 billion yuan and offers over 1,000 product varieties, exporting to numerous countries and regions around the world, with growth potential still unbounded.
- Driving Forces Behind the Industry's Growth
Its growth can be attributed to various factors. The increasing demand for durable, fire - resistant, and environmentally friendly furniture, which are inherent advantages of steel furniture, has significantly contributed to this upward trend, fueling continuous expansion.
- Steel Furniture's Appeal in the Context of Urbanization
With the accelerating global urbanization process, as high - rise buildings stand in great numbers in cities, the demand for furniture that can make efficient use of space and is durable has become more urgent. Steel furniture, with its characteristics of flexible customization and space - saving, is highly popular in urban apartments, office buildings, and other places, meeting urban living needs well.
- Market Expansion in Southeast Asia
For instance, in Southeast Asia, with the rise of emerging economies and the continuous progress of infrastructure construction, the expansion of office and commercial spaces has led to a large - scale demand for steel office furniture, display racks, and other products. Steel furniture enterprises in Luoyang have seized this opportunity. By optimizing the logistics and distribution system and shortening the delivery cycle, they have further consolidated their share in the Southeast Asian market, achieving remarkable results.
- Penetrating the European Mid - to - High - End Market
Meanwhile, in the European market, consumers' preference for high-quality and uniquely designed furniture has prompted enterprises to increase R&D investment. They have launched steel furniture series integrating modern art elements, successfully penetrating the European mid - to - -high-end market and further promoting the global expansion of the industry, enhancing brand influence.
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