NEWS & ARTICLES
Your top source of business information on the furniture industry and market world-wide by CSIL
Since 1983 the Forecast Seminar for the Furnishing Markets in Italy and Worldwide has been CSIL’s traditional end-of-the-year meeting for leading sector players and operators, representatives of institutions and trade associations, press, economists and researchers and also a not-to-be-missed opportunity to analyse trends and projects for the furniture sector in Italy and in the global market, with selected testimonials discussing on the breaking focus themes.
Are the largest furniture players catching the opportunities through effective internationalization strategies? Are the key players performing better than other companies? Is there some lesson to learn?
CSIL invested in research activity in order to answer to those questions: the report summarizes the results of this comparative analysis
World production of furniture is worth about US$ 420 billion. It doubled, in current US dollars, in the last ten years. Countries producing more than US$ 10 billion of furniture per year are China, the U.S., Italy, Germany, India, Japan, France and Poland. The main furniture exporting countries are presently China (with about US$ 40 billion of exports), Germany, Italy, Poland, the U.S. and Vietnam.
When it comes to the Luxury market, we are talking of expensive products purchased from customers with a lot of money. How much money? Private bankers and available statistics suggest to assume the family savings as a main indicator. If you have savings for one million dollar, you are supposed to be rich and probably you will buy expensive furniture, lighting, appliances, interior decoration. Inside this market end, design oriented products and classic gorgeous items compete.
CSIL is pleased to invite you to attend the 12th Edition of the World Furniture Outlook Seminar 2013
The world mattress market value grew by an average of 9% yearly between 2002 to 2011 reaching a value of.....
The contract segment is getting increasingly important for the furniture industry. It is an attractive segment, which requires companies active in this niche to focus even more their skills along two lines: those of the product and those of the market.The dynamism of the companies active in this segment has created a very complex and competitive market, which is worth about Eur 7,700 million.
In 2011 European production of RTA furniture was worth Euro 8,073 million. In general the European RTA furniture production performed better than the total furniture production. In fact, while the furniture production decreased by -13% between 2006 and 2011, the RTA furniture industry increased by almost 4% in the same period.
The European production of office furniture increased by 3.3% in 2011. The year has been characterised by a certain dichotomy as it performed well in the first half and slowed down in the last two quarters. On the international front, the 2.8% increase in exports has been accompanied by a substantial stability in imports.
Regarding mattress consumption, again the leader is by far the US, accounting for over one fourth of total consumption in the 30 countries considered. The USA is followed by China, which showed the most impressive increase in terms of mattress consumption over the last decade.
In 2011 the eight countries considered had a total turnover of lighting fixtures of approximately Euro 1,674 million and a consumption of Euro 1,733 million. Exports and imports are equal to Euro 1100 million and Euro 1159 million, respectively.It is approximately the 14% of the entire European production of lighting fixtures (27 countries) and 13% of European (27 countries) consumption.
In Argentina, furniture consumption grew by 10% in 2010 on the previous year. CSIL preliminary data for 2011 were again of growth and CSIL forecast is positive also for 2012 (+4% growth of furniture consumption in real terms). The country is exposed to increasing competition from foreign producers. Imports from the neighbouring Brazil, from example, undercut the sales of many Argentine producers. In 2010 furniture imports in Argentina again began to show growth thanks to the pick-up in demand in the domestic economy. The overall value of furniture import in 2010 was in the range of US$ 420 million.
The European lighting fixtures consumption registered in 2011 a slight encrease, worth +1.9%
Speaker: Sara Colautti, Director CSIL Industry and Country Studies Tuesday, May 22, 2012. Radisson Blu Hotel Cologne, Germany during the event Living Congress 2012
In 2011, the Italian production of kitchen furniture amounted to Euro 2.5 billion
The European outdoor furniture market offers interesting opportunities both in the residential and contract segment....
Kitchen furniture market in Central-Eastern Europe (14 countries) is estimated in 2 million units for the year 2011. Out of these 2 million units, around 114,000 are imported kitchens
The outdoor furniture sector grew relatively faster than the furniture market. The market is satisfied by leading European outdoor furniture producers and by imports, mainly coming from Asia. Product offer is varied and investments in materials innovation