Commercial carpets are softcover flooring used in non-residential buildings such as corporate offices, hotels, schools, universities, and public offices. Commercial carpets come in rolls and modules. The carpet rolls are called broadlooms, and modular carpets are carpet tiles. Broadlooms and carpet tiles are discussed as market segments in this report.

Global Home Office Furniture Market Size and Share Analysis - Growth Trends and Forecasts (2024 - 2030）

投资建议：家居、两轮车及家纺头部标的有望持续受益政策优化。 两会宣布 2025 年消费品以旧换新超长期国债规模为 2024 年两倍， 其后各地政策及活动持续加码。随政策流程优化、力度强化以及范 围扩张，头部公司凭借其品牌优势以及更合规的内部管理，有望在 补贴释放过程中获取更高的市场份额，进而进一步扩张市占率。标 的方面，家居板块推荐综合性及细分赛道龙头欧派家居/顾家家居/ 索菲亚/志邦家居/慕思股份/喜临门/敏华控股，两轮车推荐头部品牌 爱玛科技/雅迪控股，家纺板块推荐头部品牌罗莱生活/水星家纺。

A cabinet is a piece of furniture with shelves, drawers, and others for holding or displaying items. There are different types of cabinets like kitchen cabinets, bathroom cabinets, and medicine cabinets.

回顾 2024 年：家居首次开展国补，各地积极探索跑通模式，需求提振&格局优化已见成效。 2024 年在中央文件指引下，8-9 月各地密集出台家居家装补贴细则，到年底全国各省区均实现 补贴政策覆盖，只是具体品类覆盖度上仍存在分化。不过伴随政策端优化及推进加速，终端参 与度逐步提高，补贴成效已有显现，据商务部数据，2024 年家装厨卫“焕新”带动相关产品销 售累计近 6000 万件，销售额约 1200 亿元；8/9/10/11/12 月家具零售额增速分别为- 3.7%/+0.4%/+7.4%/+10.5%/+8.8%，景气提振明显；上市公司层面，预计 Q4 经营趋势环比 Q3 或有明显修复。同时，头部公司凭借规模体量、组织效率和渠道执行效率等优势超额受益于国 补，格局优化趋势正在强化。

受益于AIGC技术迭代与场景创新双轮驱动，AI正加速渗透实体经济。轻工作为典型的传统制造行业，一方面积极拥抱智能化转型，另一方面 ，技术的落地与新应用场景的开拓也在加速AI眼镜、AI玩具等新兴赛道的蓬勃发展。轻工企业正踊跃参与AI发展大潮：用AI提升产品智能化水平与助推新品类的突破，接入DeepSeek等大模型赋能数据分析、智能交互与重塑生态，以及横向开拓AI相关产业来培育业务新增长点。

Do-it-yourself home improvement retailing refers to the sales of do-it-yourself home improvement products used for maintaining buildings, plumbing, gardening, lighting, and other home improvement purposes

2025 年 1 月轻工制造板块下跌 2.7%，跑赢沪深 300 指数 0.29pct，涨幅在中信一级行业中排名第 14 名。本月个股涨幅靠前的 5 名分别是实丰文化、依依股份、匠心家居、浙江自然、民士达。 

The global do-it-yourself (DIY) home improvement retailing market is a part of the global broadline retail market. The global broadline retail market was valued at $11,874.21 billion in 2021 and reached $15,245.48 billion in 2023. The global broadline retail market witnessed an incremental growth of $3,371.3 billion and registered a CAGR of 13.3% from 2021 to 2023.

The global industry is characterized by the presence of a few established players and new entrants. Many big players are increasing their focus on the growing trends of mattresses. Players in this industry are diversifying the service offering to maintain their market share. For instance,