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Your top source of business information on the furniture industry and market world-wide by CSIL
According to CSIL, the furniture market is forecasted to grow worldwide in the next years. The fastest growing region continues to be Asia and Pacific, with all other regions growing between 1% and 3% in real terms.
In terms of international trade of furniture, all the leading markets have shown a greater degree of openness in the last decade. Naturally there are still important differences among various national markets.
France is the fifth largest furniture exporter in Europe, the eleventh at a global level. With a production of furniture reaching around Eur 7 billion in 2017 and an export on production ratio of about 30% (23% in 2012), the country shows a large potential in the coming years.
The show will be held on Sep 10-13 in Shanghai under the brand new theme of "An example of Global Lifestyle".
Since 2018, every session of CIFF Shanghai will be coorganized by China Foreign Trade Guangzhou Exhibition General Corp. ("CFTE") and Red Star Macalline, China's largest furniture chained shopping mall.
With the strategic collabration, CIFF will take on a brand new look which is explained in the press release
According to CSIL, the European consumption of upholstered furniture was worth over Eur 14 billion in 2017, with different market performances across countries. Overall, the market increased over the last years and benefitted from an improved economic environment.
Germany is the biggest upholstery consuming country, followed by the UK and France. The New EU Members, although accounting for only 13% of the total European consumption, are the best performing markets.
CSIL cooperates with the EBRD in designing strategies and supporting companies of the furniture sector in Ukraine and Belarus
Alessandra Tracogna, CSIL senior partner, attended the events “Create. Produce. Export. Great opportunities for Ukranian furniture manufacturers” held in Kiev on May 23rd and the Minsk Furniture Forum on May 20th, 2018
The Eastern Partnership (EaP) is a joint initiative involving the EU and six Eastern European Partners: Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine.
In this framework of Neighbourhood Policy, the European Union co-funds the EU4Business initiative aimed at supporting SMEs in the Eastern Partnership countries.
According to the latest edition of the CSIL report “The contract furniture and furnishings market in Europe” (2018) the largest segments of the contract market are Retail, including both mass-market and luxury shops, followed by Hospitality and Office.
With an increasing presence of international tourists, the Hospitality industry in Europe continues to be the main locomotive of the contract furniture and furnishing sector.
Western Europe is a large and mature market for furniture sales, boasting over 420 million consumers and accounting for around one fifth of the global furniture consumption.
After years of difficulties, the furniture market has followed an upward path benefitting from an improved macroeconomic environment.
According to the CSIL report "Furniture distribution in Europe" issued in 2018, the market is forecast to keep growing also in 2018 and 2019.
The term Contract is used when a simple provision of furnishings under the contracting formula is accompanied by a series of services such as support for designing spaces and finding and coordinating sub-contractors for the completion of the projects.
This is a transversal business because it involves different kind of products and different destination segments.
Alessandra Tracogna, CSIL, presented the main trends in furniture production worldwide at Xylexpo on May 9, 2018
Milan, April 18th - The 16th edition of the "World Furniture Outlook" Seminar organized by CSIL, Centre for Industrial Studies, took place on April 18th, 2018 at the Fiera Milano Rho during the 57th Milan International Furniture Fair Salone del Mobile.Milano 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.
The Malaysian International Furniture Fair (MIFF) concluded its show on March 11 after four successful days with elated exhibitors meeting more buyers from a wide base of countries and signing orders right until the end.
Overwhelming praise was heaped on the spacious new Malaysia International Trade and Exhibition Centre (MITEC) which co-hosted the annual event for the first time with Putra World Trade Centre.