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Industry Analysis: market demand for mahogany furniture, Wang is still up empty



High-end mahogany furniture market slump continued rumors, the general did not push the prices down mahogany furniture. Yesterday, the reporter visited a number of mahogany operators, they all said that market sales of the possibility of general decline in value of wood furniture is not only small, and the price is still room for growth.

According to Chen Jinchun Chongren Road Redwood operators, due to raw materials continue rising, and labor cost increases, mahogany furniture, the basis for the lack of price cuts. Factory in his hometown, the wages of ordinary workers have been from 80 yuan / day rose to 200 yuan / day. "In fact, mahogany furniture still has investment value, the rising trend in the next few years will not change. More high-end price of millions of dollars smaller market share, after all, million or so ordinary furniture market demand is still great." Ferrer House boss Tao said that the growth of valuable mahogany trees longer time than normal species, and has strong market demand, scarcity is bound to raise prices.

Now, once seen by many as the mahogany furniture, high-end luxury goods, has begun to enter ordinary families, many young groups have also become fans of mahogany collection.

Tao found that since 2009, concerned about the mahogany furniture of the younger age groups is increasing. He said that before the focus groups are generally about four or five years old, have the economic strength of people, young people are now buying more and more mahogany furniture.

Tao analysis, mahogany furniture is not only very durable, the most important is the role of both use value and a hedge. This reporter learned that, they usually pick one or two of fine furniture or ornaments, style and appreciation of the potential concerns that young people prefer the integration of modern and classical elements of style.

According to insiders, from the type of investment is concerned, lobular red sandalwood, pear, Hainan, Vietnam pear less and less inventory, the current market price is already high, continued to rise in a relatively limited space. In contrast, mid-range species such as red rosewood, black rosewood, chicken wing wood and other appreciation of space is relatively large.

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2010-11-21