In the first half of 2018, the building material and home furnishing market nationwide developed steadily, with the consumption upgrade and the online and offline rapid integration. According to the data of China Building Materials Circulation Association, the sales amount of the building materials and home furnishing stores exceeding the scale nationwide was RMB 80.90 billion in June, and the accumulative sales amount was RMB 448.78 billion for half a year, with the year-on-year growth of 10.23%. The growth rate of aggregate value of retail sales volumes of the furniture as well as building and decoration materials is 10.1% and 8.1% respectively in the first half of 2018.

With the expanding market scale and the consumption demand upgrading, the proportion of consumption of the building materials and home furnishing in the residents’ living consumption has been improved, and the consumption of building materials and home furnishing has been gradually upgraded. The building materials and home furnishing market has been integrated and developed online and offline, and by virtue of the emerging technologies such as the big data and artificial intelligence, the traditional building materials and home furnishing market of China is growing with new vitality. The Chinese people’s demands for the consumption of building materials and home furnishing have been more diversified, and they have pursued individuality, valued the quality and preferred the convenience, sense of experience and social attribute in the consumption process.

(Source: JJgle.com)