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News & Events

Your top source of business information on the furniture industry and market world-wide by CSIL

The office furniture market in China and the Asia Pacific

2022-02-11

 

After years of growth, the office furniture production in China and Asia-Pacific started to downgrade in 2020. About 70% of production originates in China, followed by Japan, India and South Korea.

 

The openness to the international markets progressively increased due to a faster dynamic of exports if compared to local production. Therefore, the export/production ratio reached 28% in 2020. On the other side, imports exceeded US$ 1.2 billion but remained subdued as their penetration on the regional office furniture consumption represented only 7% in 2020.

 


 

Source: CSIL Report 'The office furniture market in China and the Asia Pacific', November 2021

 

Product innovation: driver of competitiveness for upholstery in Europe

2022-01-28

 

According to CSIL, the European upholstered furniture production (*EU27 + United Kingdom, Norway, and Switzerland) accounts for around Eur 14 billion, a value that has cumulatively grown by 10% in the last decade.

 

In a context featured by continuous pressure on prices favouring, among others, countries with lower labour costs, product innovation strategies become a more important driver of competitiveness for European companies.

 


 

Already available CSIL reports on the upholstered furniture market: The world upholstered furniture industry, June 2021

 

 

Future perspectives for the European furniture sector

2022-01-21

 

The EU furniture sector is highly integrated, both from a market and an industry perspective. Retailing activities and value chains are often organized on a European scale. Europe still plays an important role in the global furniture industry.

 

Coming to the future perspectives for the European furniture sector, the intensity of the contraction and the subsequent growths are largely interdependent across countries.

 


 

Source: CSIL Reports World furniture outlook’ December 2021, and ‘The furniture industry in Europe’, October 2021

 

 

The world mattress industry. Resilient in 2020, recovering in 2021 and 2022

2021-09-15

 

The world mattress industry registered an overall good performance, better than expected during the first months of the crisis. Good performance results from the increasing demand from large markets, the US and China in particular.

 

According to CSIL estimates, the value of mattress consumption reached USD 29 billion in 2018, recording no growth in 2019 and 2020. However, particularly during the second half of the year 2020, the increasing demand occurred in parallel with important supply chain disruptions worldwide, together with the increase of raw material prices.

 


 

Source: CSIL Report  'The world mattress Industry', July 2021

 

The World upholstered furniture industry

2021-09-08

 

The world upholstery industry has been remarkably successful in recovering from the crisis in 2020. The pandemic-induced contraction was limited in size because consumers have often allocated to furniture substantial portions of income made available from the decreased expenditure for restaurants, vacations, and other leisure activities.

 

World upholstery consumption decreased by 5% in current US$ in 2020. Return of consumption to the pre-pandemic level is likely to happen already in 2021 for the world as a whole, with different speeds of recovery across countries.

 


 

Source: CSIL Report 'The World Upholstered Furniture Industry', June 2021

 

European office furniture to recover following different paradigms

2021-09-03

 

The CSIL outlook for the European area shows a recovery of office furniture consumption in real terms of 2% in 2021.

 

What emerges is a complex picture with an initial return to offices but not at pre-pandemic occupancy levels.

 


 

Source: CSIL Report 'The European market for office furniture', June 2021

 

 

MEBLE POLSKA Special Edition attended by buyers from 44 countries

2021-06-08

 

POST-SHOW RELEASE

 

1,000 participants from 44 countries, 54 exhibitors from 8 countries, and more than 2,600 video meetings.

 

This is how to summarize the business meetings of the furniture and interior design industry Meble Polska Special Edition, which took place online from 24 to 28 May 2021.

 

The event organized by Grupa MTP enabled manufacturers and buyers from all over the world to meet and conduct business negotiations in a safe environment without any risks of traveling.

 

 

CSIL contributions at interzum@home 2021

2021-05-07

 

CSIL has been invited to present the latest data concerning the global furniture industry and mattress market at interzum@home digital edition.

 

 

Thursday, May 6 | World furniture outlook: the CSIL partner Alessandra Tracogna presented the expected trends in the global furniture sector, a comparative analysis by geographical area and countries.

 

Friday, May 7 | The world mattress industry: the CSIL partner Giulia Taveggia presented the latest data on the mattress industry with a focus on two perspectives: a global view of the sector and e-commerce.

 

 

 

47th CIFF Guangzhou 2021: an extraordinary success

2021-04-09

PRESS RELEASE

750,000 square metres of exhibition space, divided among almost 4,000 exhibitors, and attracted 357,809 qualified trade visitors. +20.17% of visitors compared to CIFF Guangzhou 2019

 

MEBLE POLSKA to organize global meetings online in May

2021-04-09

PRESS RELEASE

Due to the pandemic, it proved impossible to hold the MEBLE POLSKA Furniture Trade Fair, the furniture trade show in Central and Eastern Europe, in the first half of this year.

However, Grupa MTP has prepared an alternative solution that will allow furniture and interior design industry representatives from all over the world to meet online and hold business talks without posing any health risks related to direct contact and traveling.


From 24th to 28th May the Furniture and Interiors Online Business Meetings MEBLE POLSKA Special Edition will take place.

 

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