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,

The manufacturing process of many industries needs to be carried out in a clean and controlled environment. For example, optics and lens manufacturing, nanotechnology, advanced military equipment manufacturing, and food & beverage industries manufacture products that are sensitive to particulates and contaminants in the surrounding atmosphere. Hence, such industries require cleanroom facilities to ensure that the manufacturing process is controlled and does not affect the quality of products.

在10月27日我们发布的家居以旧换新专题(系列之一)报告中，主要梳理和对比了各省市的支持措施及其特点，并分析 了四川、广州等成功案例。本次系列之二更加聚焦于:1)2025年补贴延续性分析。2)以旧换新补贴不同区域的最新进 度，哪些区域后续值得关注?3)线上通道发生了什么样的变化? 2025年家居补贴延续性分析:基本确定。从11.8财政部表态，到11.21商务部对汽车接续政策表态，再到11.27湖北省启 动25年家装补贴商户报名，不断印证2025年家居补贴将会延续，这也是24Q4补贴刺激效果好的正反馈。

Staircases serve as both functional and decorative elements, connecting different levels within a structure while contributing significantly to the overall interior design. This market encompasses a wide range of staircase types, materials, and styles, reflecting the diverse preferences and evolving trends in architecture and interior design. The interior staircase market is influenced by various factors, such as the overall growth in the construction industry, changing consumer preferences, and advances in materials and manufacturing technologies.

Geofencing is a virtual perimeter generated around a fixed location or moving object, which helps track, monitor, and detect the devices entering and exiting the defined perimeter.

Furniture can be termed as movable objects such as desks, chairs, and beds, which support various human activities such as sitting, sleeping, working, eating, and storage. They can be placed in a residential or commercial environment. Furniture is primarily made from materials such as wood, metal, glass, and plastic. Its primary usability is to make any residential or commercial environment suitable for human habitat.

The growth in security concerns has fuelled the market for door-related hardware, including prosperity, urbanization, and increasing construction output with high demand for doors and related accessories, access control systems, and components. The security solutions for doors have also grown, and developments have been witnessed to meet the unique and diversified needs of commercial facilities with huge foot traffic.

 分品类来看，补库逻辑下多数轻工品类 24 年 6 月出口总额增速同比上行趋势延 续，但环比来看增速略有放缓，多数品类客单价有所下滑。线上销售数据显示 美亚多数品类表现出色，亚马逊美国站家具行业 24 年 6 月销售额同比增速持续 向上，主要系销量增幅明显，以量换价趋势延续。