NEWS & ARTICLES:
Your top source of business information on the furniture industry and market world-wide by CSIL
According to the article Megatrends for the furniture industry by Alessandra Tracogna, CSIL Industry Studies, issued in the nr 71 of “World Furniture” magazine, there are some rising megatrends affecting the way people live globally, particularly in the advanced economies.
All these factors are driving the change in furniture consumption too and manufacturers are targeting to meet emerging and changing demand through an evolving offer of products.
These keywords can be used by furniture manufacturers to better reach consumers and keep the competitive edge in a global market, where competition keeps growing day by day.
According to an article by Mauro Spinelli (CSIL) issued in the World Furniture magazine #70/September 2016, the office furniture market in Europe recorded a positive growth for the second year in a row (+4.7% in 2015).
The CSIL report “The European Market for Office Furniture” (June 2016 edition) confirms the trend with largest markets, like Germany, France and the United Kingdom, pushing the growth and performing over the European average.
New European member countries included in this year edition of the above mentioned CSIL study grew consistently over the European average and registered a +6.8% comparing to the previous year. Poland and the Czech Republic are the largest markets of this countries group and performed well in 2015.
CSIL, leading Italian independent research centre headquartered in Milan (www.csilmilano.com), will participate in the 38th edition of CIFF, China International Furniture Fair (www.ciff-sh.com), to be held in Shanghai on 7-10 September 2016 at the National Exhibition & Convention Center (NECC) in Hongqiao, and will present the main evidences of its research activities during two events.
Global Office Furniture Outlook | September 8th - h 14.00-16.00
World Furniture Outlook | September 9th - h 9.00-11.30
The attention paid to the Contract sector in the furniture industry is not just fashionable.
According to CSIL, sales of contract furniture of European producers and contractors have seen a double-digit growth of over 15% between 2010 and 2015.
This business has been constantly increasing in the last 5 years, at a yearly average rate of about 3%, and 2015 was among the best years (around 4%).
What is the state of the European furniture industry?
According to CSIL, the furniture industry across Europe seems to be out of the crisis of 2008 and recorded a good performance in the last five years.
Here presented the main structural changes and companies business strategies to face the furniture market challenges, performances and characteristics of product segments and main territorial differences in the European furniture industry.
According to CSIL report “Furniture distribution in Europe”, over 20% of world home furniture consumption takes place in Western Europe, whose per capita spending in furniture purchases is higher than the world average.
The Western European home furniture market is characterized by a high degree of trade integration within the countries belonging to this region, but it is opening fast to home furniture imports coming also from extra-WE countries.
According to CSIL report “The European market for RTA furniture”, the European consumption of Ready to Assemble furniture (aka flat-pack, knock down, DIY - do it yourself, self-assembly and kit furniture) reached a value of EUR 14 billion in 2015.
In general, the RTA furniture market showed a better performance throughout Europe than the "fully assembled" furniture market, scoring a +13% in the time period 2010-2015, against the +3% of the latter.
The consumption of RTA furniture in Europe is highly concentrated as more than an half of sales are made on three markets: Germany, France and the UK.
According to CSIL figures presented in the March issue of the review WORLD FURNITURE (69/2016), the upholstered furniture global production amounts to 77 billion US dollars, and recorded constant growth since 2009. Upholstery accounts for 17% of world furniture production and it is one of the most internationalized segments (both in terms of import and export flows and for companies’ international presence).
Production of upholstered furniture grew faster than the production of furniture in general. Generally speaking, growth in world upholstered furniture production was driven by the increase in furniture consumption.
London, April 26, 2016 – Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, recently hosted an event to showcase the latest technology for the furniture industry at the Furniture Makers’ Hall in London.
Attracting a mix of upholstered furniture manufacturers, trade and press, the event focused on current market trends and explored how furniture companies can keep pace with this dynamic and increasingly competitive market.
Milan, April 20th - The 15th edition of the “World Furniture Outlook” Seminar organized by CSIL, Centre for Industrial Studies, took place on April 13th 2016, at the Congress Centre of Fiera Milano Rho with a large participation of over 100 professionals and representatives of institutions and trade associations of the woodworking and furniture industry.
CSIL is constantly monitoring and studying these issues and the annual “World Furniture Outlook” Seminar offers the occasion to share results of CSIL research activity with sector experts and look at future perspectives of the furniture industry and related sectors on a world scale.
- CSIL experts introduced their forecasts concerning the furniture sector worldwide and commented on the main factors affecting production, consumption and trade of furniture on a global scale.
- CSIL findings were discussed with selected corporate and institutional representatives as keynote speakers, giving a speech on the internationalization strategies operated in the global market.