Penetration Rate of Intelligent Damping and Electric Pull-Out Baskets Rises, Industry Concentration Improves
Intelligent upgrades have become a core driver for the growth of the cabinet pull-out basket industry, with industry concentration continuously increasing.
According to the "2025-2030 China Cabinet Pull-Out Basket Industry Supply-Demand Forecast and Investment Strategy Research Report", the penetration rate of pull-out baskets with intelligent damping and electric lifting functions reached 21.4% in 2023, an increase of 13.8 percentage points from 2020.
Meanwhile, the industry concentration is steadily rising. It is expected that the CR5 (concentration ratio of top 5 enterprises) in the pull-out basket industry will reach 39% in 2025, up 7 percentage points from 2022. Leading enterprises are seizing more market share with technological and production capacity advantages, and mid-to-high-end products are gradually replacing low-end ones as the market mainstream.
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