In the next few years, which industries will decline in our country?

The first is the real estate industry and its related manufacturing industries, such as building materials, doors and windows, home hardware, whole-house customization and other industries, as well as major appliances such as air conditioners, refrigerators, range hoods, etc. for decoration , these industries will be more difficult in the future.

The second category is affordable luxury brands. The main customer group of affordable luxury brands is the middle class. As for the economic recession, the main recession is the middle class, and the impact of the economic recession on neither the rich nor the poor is great. For luxury goods aimed at the rich, the impact is not big. The rich will be richer without them. As for the poor, they have little spending power. Brands positioned as affordable luxury will decline with the decline of the middle class.

The third one is the non-essential service industry. Like a beauty salon. Housekeeping, childcare, catering training and other service industries. Not to mention the tourism industry.

The fourth is the equipment industry that produces various non-essential products, such as various professional-level electronic products such as recording and photography. The last category is various middlemen and dealers. In the era of growth, brands hope to rely on the local potential of various dealers to help them quickly open up the market.

So dealers will be given enough profit margins. But in the stock era. In order to stabilize their own profits, brands will face consumers directly online and form a competitive pattern with dealers. The era of earning a living by earning the price difference is over.