The future development direction of China's display rack

1、 Historical data analysis

In recent years, the product output of China's display rack industry has been increasing rapidly. According to export volume statistics, it was 45.07 billion yuan in 2018, 50.22 billion yuan in 2019, 58.43 billion yuan in 2020, and 67.63 billion yuan in 2021, with growth rates of 20.9% and 34.3% in 2020 and 2021, respectively. According to regional distribution, in terms of meeting market orders, it is greatly influenced by foreign markets, with the EU market accounting for the largest proportion, followed by the Japanese market, and other countries following closely behind.

2、 Market demand analysis

With the continuous expansion of the application scope of display racks, display rack products have become an indispensable necessity in the furniture industry, especially in the retail industry. Display racks have become an essential display mode, providing high-quality display solutions for stores and more deeply reflecting the needs of product consumers. Moreover, in industrial production, display racks are also an important guarantee, and more enterprises are investing in display rack equipment to improve quality and efficiency.

Therefore, the demand in various central markets continues to rise. With the development of technology and the introduction of new material technologies, the functions of display racks are gradually improving, and display racks can better integrate various material characteristics.

3、 Prospect analysis

The future development direction of China's display rack industry will mainly focus on the improvement and popularization of technology, as well as the efficient utilization of resources:

① Product technology: In the future, display rack products will better meet the needs of different users and scenarios. With the help of new material technology, multiple characteristics can be well integrated, such as lightweight, corrosion resistance, sound insulation and fire prevention.

② Popularizing the market: With the continuous increase in market demand, entry-level and popular display rack products will receive more attention and become products for the common people, enriching the application of display racks.

③ Efficient utilization of resources: In the future, the display rack industry in China should effectively utilize local resources. Whether it is a sound design and manufacturing environment, or establishing a more comprehensive resource sharing environment, it will become the future development direction of the display rack industry in China.

In summary, the above analysis indicates that with the continuous increase in consumer demand, the future output of the display rack industry will also further increase, and China's display rack production will also show a good development trend in 2024.