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down. In the first quarter of this year,Marine Composite Decking Boards GDP increased by only 8.1% year-on-year, hitting a new low in the past three years. The economic slowdown, lack of domestic demand, coupled with long-term inflationary pressures, tight liquidity, and continued deep-seated control of the upstream real estate market,Easy To Instal Patio Flooring In Norway have combined effects, and the economic environment of the flooring industry has been in a downturn, and market demand
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has been restrained.Rosslyn Kitchen Wall Units The floor market has changed from the original fiery to the current downturn. Besides the influence of the economic environment, there are deep-seated reasons in the industry. After several years of rapid development of the flooring industry,Composite Tile To Use Under Hot Tub the market capacity has rapidly expanded and the supply and demand relationship has become imbalanced. In particular, investment-driven, various funds have entered the
market, leading to the industry's development too fast. advantage of using wood as a packaging materialCoupled with widespread mechanized production, the floor production capacity surged; while the popularity of floor culture was relatively slow, coupled with the increasing wait-and-see sentiment among consumers at the current stage, resulting in phased overcapacity.Deyuan Acrylic Hand Railings Thus, the most profound manifestation of this crisis is the stagnation of terminal sales. Since the Spring Festival,