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The furniture industry in Europe

Furniture | February 2023

3500

February 2023, IX Ed. , 510 pages
Price (single user license): EUR 3500 / USD 3710
For multiple/corporate license prices please contact us
Language: English

Report code: W0102
Publisher: CSIL
Status: available for online purchase and immediate download

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Table of contents

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Abstract

Part of CSIL Country Furniture Outlook Series covering 100 countries at present, The furniture industry in Europe contains all the main statistics and indicators useful to analyze the furniture sector in Europe and in 30 European countries: Austria, Belgium-Lux, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, the UK.

EUROPEAN FURNITURE MARKET OUTLOOK

The first part of this study goes in-depth into the role of Europe in the global furniture context with historical series of basic data (furniture production, consumption, and trade 2017-2022), the European furniture production performance and future perspectives, the main factors affecting the competitiveness of manufacturers (labor cost, availability of raw materials and components, investments in technology and machinery, innovations, recycling, sustainability, and circularity), imports penetration, exports orientation, description of the main furniture manufacturing countries.

The European furniture market potential and development insights: future perspectives of the furniture sector in Europe, furniture market forecasts up to 2024.

The Furniture manufacturing system and trends in the development of furniture production by segment (upholstered furniture, kitchen furniture, office furniture, other furniture) with trends in furniture sub-segments (available data up to 2021).

The competitive system in Europe, with the recent European furniture manufacturers’ strategies, mergers, and acquisitions.

The Top furniture manufacturers in Europe: the competitive system analysis includes figures for the leading 50 European furniture companies (company name, country, website, activity, furniture specialization, total turnover, and the number of employees, share of furniture on total sales) ranked by their turnover.

This part also comments on the most recent challenges affecting the furniture industry, like the impact of the energy crisis, the geopolitical issues, the strategies implemented by the leading furniture manufacturers and suppliers, the supply chain disruptions, and the price increase.

COUNTRY ANALYSIS: 30 COUNTRY REPORTS

For each considered country (Austria, Belgium-Lux, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, the United Kingdom):

  • Market outline and macroeconomic trends
  • Production, consumption, imports, and exports of furniture for the time series 2017-2022
  • Comparison with the European furniture sector: country rankings on production, consumption, imports, and exports
  • Furniture market forecasts for 2023 and 2024
  • Trading partners: the origin of furniture imports and furniture exports destination
  • Value of furniture consumption and production by segment (upholstered furniture, office furniture, kitchen furniture, and other furniture)
  • Manufacturing system: number of furniture firms, and size
  • Short profiles of leading furniture manufacturers

 

Over 2000 short profiles of furniture manufacturers are also provided, with information on their activity, product portfolio, turnover range, employees range, general email address-when available- and website.

Types of furniture covered: Office furniture, Upholstered furniture, Non-upholstered seats, Kitchen furniture, Bedroom furniture, Dining and living room furniture, and Other Furniture.

Selected companies

Among the leading furniture manufacturers mentioned in this study: Aquinos, BRW Black Red White, Cotta Collection, Design Holding, Ekornes, Friul Intagli, Howden Joinery, IKEA, Lifestyle Design, Natuzzi, Nobilia, Nowy Styl, Polipol, Schmidt Groupe, Schüller, Société Fournier, Steelcase, Welle Holding.

Europe. Total furniture consumption, 2017-2022

Europe plays an important role in the global furniture industry, being the second-largest area for furniture production worldwide, a large and integrated market of more than 530 million consumers, and a major hub of world trade in furniture exports and imports.
European furniture consumption in 2022 has followed upward, reaching nearly EUR 120 billion. The largest markets are Germany, the UK, France, and Italy, which also rank among the top 10 furniture markets worldwide.
With nearly 130,000 companies, the furniture industry remains one of Europe’s more fragmented manufacturing sectors, predominantly made up of SMEs, which are also leaders in the high-end furniture market. Europe is also home to some large players in terms of furniture turnover. In CSIL’s selection of the Top 200 furniture manufacturers worldwide, more than 90 companies are European.
CSIL estimates that furniture demand in Europe will weaken in 2023, mainly due to elevated inflation and soaring furniture prices. It is forecasted to resume in 2024.

Abstract of Table of Contents

THE EUROPEAN FURNITURE SECTOR

Recent challenges affecting the furniture industry

  • The energy crisis and the war in Ukraine will still affect the European furniture industry in 2023
  • The supply chain disruptions and price increases
  • Differentiation of destination for EU furniture exports

The role of Europe in the global furniture context

  • Europe and the rest of the world. Furniture production, consumption, exports, imports

The integration process within Europe

  • International furniture trade, furniture exports by destination and origin of furniture imports

The future perspectives for the EU furniture sector

  • The global macroeconomic context and furniture market forecasts in Europe

The European furniture production performance

  • Description of the main furniture manufacturing countries (Italy, Germany, Poland, The United Kingdom, France)

Factors affecting the competitiveness of EU furniture producers

  • Lack of skilled employees
  • Availability of raw materials and components
  • Recycling, sustainability, and circularity
  • Investment in technology machinery
  • Innovation in materials and technologies

The furniture competitive system in Europe

  • Recent European furniture manufacturers’ strategies, M&A
  • The TOP 50 European manufacturers. Ranking by total turnover

European furniture market performance 2017-2022

Market sources

  • National production, EU market integration and import flows

Trade balance

  • The growing degree of market openness
  • The export orientation

European furniture production by segment

  • Upholstered furniture, office furniture, kitchen furniture, and other furniture (up to 2021)

Trends in furniture sub-segments

  • Hybrid solutions and flat-pack furniture

COUNTRY ANALYSIS: Market outline and macroeconomic trends, Production, consumption, imports, and exports of furniture, Country rankings, Furniture market forecasts, Trading partners, Furniture consumption and production by segment, Manufacturing system and Short profiles of leading furniture manufacturers for:

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom

SHORT PROFILES OF OVER 2000 EUROPEAN FURNITURE COMPANIES:

  • activity
  • product portfolio
  • turnover range
  • employees range
  • email address
  • website

METHODOLOGICAL NOTES

Part of CSIL Country Furniture Outlook Series covering 100 countries at present, The furniture industry in Europe contains all the main statistics and indicators useful to analyze the furniture sector in Europe and in 30 European countries: Austria, Belgium-Lux, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, the UK.

EUROPEAN FURNITURE MARKET OUTLOOK

The first part of this study goes in-depth into the role of Europe in the global furniture context with historical series of basic data (furniture production, consumption, and trade 2017-2022), the European furniture production performance and future perspectives, the main factors affecting the competitiveness of manufacturers (labor cost, availability of raw materials and components, investments in technology and machinery, innovations, recycling, sustainability, and circularity), imports penetration, exports orientation, description of the main furniture manufacturing countries.

The European furniture market potential and development insights: future perspectives of the furniture sector in Europe, furniture market forecasts up to 2024.

The Furniture manufacturing system and trends in the development of furniture production by segment (upholstered furniture, kitchen furniture, office furniture, other furniture) with trends in furniture sub-segments (available data up to 2021).

The competitive system in Europe, with the recent European furniture manufacturers’ strategies, mergers, and acquisitions.

The Top furniture manufacturers in Europe: the competitive system analysis includes figures for the leading 50 European furniture companies (company name, country, website, activity, furniture specialization, total turnover, and the number of employees, share of furniture on total sales) ranked by their turnover.

This part also comments on the most recent challenges affecting the furniture industry, like the impact of the energy crisis, the geopolitical issues, the strategies implemented by the leading furniture manufacturers and suppliers, the supply chain disruptions, and the price increase.

COUNTRY ANALYSIS: 30 COUNTRY REPORTS

For each considered country (Austria, Belgium-Lux, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, the United Kingdom):

  • Market outline and macroeconomic trends
  • Production, consumption, imports, and exports of furniture for the time series 2017-2022
  • Comparison with the European furniture sector: country rankings on production, consumption, imports, and exports
  • Furniture market forecasts for 2023 and 2024
  • Trading partners: the origin of furniture imports and furniture exports destination
  • Value of furniture consumption and production by segment (upholstered furniture, office furniture, kitchen furniture, and other furniture)
  • Manufacturing system: number of furniture firms, and size
  • Short profiles of leading furniture manufacturers

 

Over 2000 short profiles of furniture manufacturers are also provided, with information on their activity, product portfolio, turnover range, employees range, general email address-when available- and website.

Types of furniture covered: Office furniture, Upholstered furniture, Non-upholstered seats, Kitchen furniture, Bedroom furniture, Dining and living room furniture, and Other Furniture.

Europe. Total furniture consumption, 2017-2022

Europe plays an important role in the global furniture industry, being the second-largest area for furniture production worldwide, a large and integrated market of more than 530 million consumers, and a major hub of world trade in furniture exports and imports.
European furniture consumption in 2022 has followed upward, reaching nearly EUR 120 billion. The largest markets are Germany, the UK, France, and Italy, which also rank among the top 10 furniture markets worldwide.
With nearly 130,000 companies, the furniture industry remains one of Europe’s more fragmented manufacturing sectors, predominantly made up of SMEs, which are also leaders in the high-end furniture market. Europe is also home to some large players in terms of furniture turnover. In CSIL’s selection of the Top 200 furniture manufacturers worldwide, more than 90 companies are European.
CSIL estimates that furniture demand in Europe will weaken in 2023, mainly due to elevated inflation and soaring furniture prices. It is forecasted to resume in 2024.

Abstract of Table of Contents

THE EUROPEAN FURNITURE SECTOR

Recent challenges affecting the furniture industry

  • The energy crisis and the war in Ukraine will still affect the European furniture industry in 2023
  • The supply chain disruptions and price increases
  • Differentiation of destination for EU furniture exports

The role of Europe in the global furniture context

  • Europe and the rest of the world. Furniture production, consumption, exports, imports

The integration process within Europe

  • International furniture trade, furniture exports by destination and origin of furniture imports

The future perspectives for the EU furniture sector

  • The global macroeconomic context and furniture market forecasts in Europe

The European furniture production performance

  • Description of the main furniture manufacturing countries (Italy, Germany, Poland, The United Kingdom, France)

Factors affecting the competitiveness of EU furniture producers

  • Lack of skilled employees
  • Availability of raw materials and components
  • Recycling, sustainability, and circularity
  • Investment in technology machinery
  • Innovation in materials and technologies

The furniture competitive system in Europe

  • Recent European furniture manufacturers’ strategies, M&A
  • The TOP 50 European manufacturers. Ranking by total turnover

European furniture market performance 2017-2022

Market sources

  • National production, EU market integration and import flows

Trade balance

  • The growing degree of market openness
  • The export orientation

European furniture production by segment

  • Upholstered furniture, office furniture, kitchen furniture, and other furniture (up to 2021)

Trends in furniture sub-segments

  • Hybrid solutions and flat-pack furniture

COUNTRY ANALYSIS: Market outline and macroeconomic trends, Production, consumption, imports, and exports of furniture, Country rankings, Furniture market forecasts, Trading partners, Furniture consumption and production by segment, Manufacturing system and Short profiles of leading furniture manufacturers for:

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom

SHORT PROFILES OF OVER 2000 EUROPEAN FURNITURE COMPANIES:

  • activity
  • product portfolio
  • turnover range
  • employees range
  • email address
  • website

METHODOLOGICAL NOTES

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