NEWS & EVENTS
VIFA EXPO 2024 – 15th edition sets new dates in late February 2024
VIFA EXPO is Vietnam’s 16-year prestige fair that has been successfully held beyond expectations. The 2024 edition will take place on new dates: from February 26 to 29, 2024 at a new venue, Sky Expo Center, QTSC, District 12, HCMC, Vietnam.
Trends and prospects in the European Office Furniture Market
According to CSIL, the office furniture market in Europe continues to resume and is above the pre-pandemic level. The gradual removal of restrictions caused by the coronavirus pandemic has impacted positively the business environment. However, the conflict in Ukraine has reduced the supply of materials and brought uncertainty to the market, causing radical price increases. Under those circumstances, the growth of 2022 has been strongly conditioned by rising inflation.
The world market for upholstered furniture
According to CSIL, world upholstered furniture consumption amounts to USD 80 billion, about 15% of the total furniture market. Upholstered furniture has been one of the most increasing within the furniture market, particularly in 2021 when it marked an exceptional growth in 2020.
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