With the development of industrialization and the improvement of consumer purchasing power in China, the mattress industry has grown rapidly. Data shows that China has now surpassed the United States to become the world's largest mattress producer and exporter. In 2019, the market size of China’s mattress industry reached 65.2 billion RMB.
As home furnishing consumption continues to upgrade, consumers have higher demands for mattress products, which are shifting toward comfort, customization, and intelligence. For Nicoo, our goal is to create equipment that is widely applicable and stable for mattress manufacturers.
Terms such as ‘smart manufacturing’ and ‘sustainable development’ are gaining more attention, as the ultimate goal for all is to build a digital factory, continuously enhancing productivity. As a key step in the mattress production process, Nicoo’s equipment is focused on the intelligent upgrading and digital connectivity of the machines.
With the advancement of smart manufacturing, the management of furniture companies is also becoming more digital and information-driven. Nicoo has helped many enterprises extract data from the production process and connect machines, making production information more concrete and streamlining production management.
Although China’s manufacturing industry is still largely at the lower end of the global industrial chain, the task of reducing overcapacity remains challenging. On the other hand, Chinese manufacturing faces significant demands for technological upgrades and consumption-driven upgrades. For Chinese manufacturing companies, smart manufacturing is a strategic pivot for transformation and upgrading.
Looking ahead, we will continue to focus on product development, increasing R&D investments, and developing new products to achieve technological upgrades and innovations in the mattress industry, as well as enhancing our capabilities in digital factory technology.
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