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Consumption upgrade brings huge increase to the home improvement market
With the deepening of my country’s urbanization construction, the demand for housing continues to increase, driving the rapid development of the real estate industry; the per capita income of residents continues to rise, the consumption level is rising, and the requirements for the living environment are gradually increasing from low to high, and they are willing to increase in improving the living environment. More investment. This has brought continuous business needs and room for growth to the home decoration industry. From 2006 to 2015, the total annual output value of the home decoration market increased from 700 billion to 1.66 trillion, with an average annual compound growth rate of 10.07%. 2012
Over the past year, the overall growth rate of the building decoration market has gradually declined, and the development has been weak, but the home decoration market has continued to maintain a scale growth rate of about 10%, showing a steady development trend. According to the plan, during the 13th Five-Year Plan period, the size of the residential decoration market will grow from 1.66 trillion yuan in 2015 to 2.4 trillion yuan, with an average annual growth rate of
About 8%. The residential decoration market will continue to maintain a steady growth trend. In recent years, the home decoration market 1. The real estate market is picking up, and the post-cycle decoration market is expected to benefit. From January to December 2016, the national residential real estate development investment totaled 6870.4 billion yuan, a year-on-year increase of 6.4%, compared with the year-on-year period from January to December 2015. Growth
In terms of 0.4%, it will increase by 6.0 percentage points from January to December 2016. From January to December 2016, the total sales area of u200bu200bcommercial housing nationwide totaled 157.349 million square meters, an increase of
22.5%, which is an increase of 16.0 percentage points from January to December 2016 compared to the 6.5% year-on-year increase from January to December 2015. National Residential Real Estate Development Investment Cumulative National Commercial Housing Sales Area Cumulative From January to December 2016, the cumulative area of u200bu200bnewly constructed residential buildings nationwide was 1,159.1 million square meters, a year-on-year increase of 8.7%, compared with that of January-December 2015.
In terms of month-on-year growth of -14.6%, from January to December 2016, it increased by 23.3 percentage points. From January to December 2016, the total residential construction area nationwide was 521,310
10,000 square meters, a year-on-year increase of 3.2%, compared with the 1.3% year-on-year growth from January to December 2015, an increase of 1.9 percentage points from January to December 2016. The cumulative area of u200bu200bnewly-started residential buildings across the country has a cumulative total of residential construction areas across the country. During the year, the real estate market has shown a significant recovery, although since October 2016
Months later, various localities have successively introduced more stringent real estate control policies, but from the perspective of multiple dimensions of residential development investment, sales area, construction area, and construction area, the data latitude is still in a relatively obvious growth trend during the year. Reflecting the post-cycle decoration market of the industry chain, because decoration projects generally lag behind real estate sales 1
About the year, it can be expected that the performance of the home decoration industry next year will increase due to the rebound of the real estate market during the year.
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