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Your top source of business information on the furniture industry and market world-wide by CSIL
The kitchen business is one of the most innovative segments of the furniture industry in terms of new materials, coverings, and devices. The CSIL analysis offers an accurate picture of the kitchen furniture industry worldwide focusing on 60 countries, selected according to their contribution to the international trade of kitchen furniture.
CSIL Market Research Report " World furniture outlook 2020" (2019) analyses the kitchen furniture market of 60 countries worldwide.
The Report can be purchased and downloaded at: https://www.worldfurnitureonline.com/research-market/world-furniture-outlook-0058524.html
The European market for bathroom furniture, furnishings and wellness is worth approximately EUR 12 billion. This figure includes bathroom furniture and accessories, WC seats, bathtubs and whirlpools, sanitary, faucets, shower screens, shower trays, and multifunctional shower booths. During 2018, the market registered an increase of 2.1% (year-on-year). The best performances were reported in Central East Europe, as well as in Spain.
CSIL Market Research Report ‘The European Market for Bathroom Furniture, Furnishings and Wellness’ (2019), provides an an in-depth analysis of the bathroom furniture and furnishings industry in Europe.
The Report can be purchased and downloaded at https://www.worldfurnitureonline.com/research-market/the-european-market-bathroom-furniture-furnishings-wellness-0058463.html
EFE 2020 returns with the same dates from 9 – 12 March at the newly expanded venue of Kuala Lumpur Convention Centre (KLCC) in the heart of the Malaysia’s capital city.
Bigger and better, the show has taken a big step forward with its expansion. Over 400 suppliers from Malaysia and the region will occupy 45,000 sqm trading floor to welcome quality buyers from over 140 countries and regions attending every year. Overall, there was an increase of 15% to EFE 2019. However, EFE 2020 is expected to attract more buyers and visitors. The stage is set for yet another successful trade event.
Next yearˈs Malaysian International Furniture Fair (MIFF) is already generating a lot of buzz among exhibitors as they will be the first to showcase their latest products to global buyers when the trade show kicks off the 2020 Asia season.
The exciting prospect of getting in front of the competition to impress with new designs and collections will add more shine to the aisles at the ultra-modern Malaysia International Trade and Exhibition Centre (MITEC) and Putra World Trade Centre (PWTC) from Mar 6-9.
The 25th edition of China International Furniture Expo (also known as Furniture China 2019) ended on a considerable high note, in terms of visitor quality, exhibit range and the business touches. Exhibiting for 4-day with its concurrent shows – Maison Shanghai and Furniture Manufacturing & Supply China (FMC China) – Furniture China has welcomed attendees of 170,057 from 160 countries and regions, which indicates a growth by 2.15% compared with the year of 2018.
The world market for high-end furniture is worth approximately US$ 50 billion including high end – design furniture and contract furniture for high-end projects, such as five stars hotels, yachts, luxury private villas, etc. that represent around 30% of the market. The world market for high-end furniture is a concentrated one: the top 10 countries in the market absorb over 80% of the total high-end furniture; North America and Asia and Pacific, including China, being the main markets.
CSIL Market Research Report ‘The high-end design furniture market’ (May 2019), provides an overview of the world market for high-end home furniture, with a particular focus on Europe.
The Report can be purchased and downloaded at https://www.worldfurnitureonline.com/research-market/high-end-design-furniture-market-0058649.html
July 2019, Shanghai | On 9-12 September, Furniture China 2019 is going to celebrate its 25th anniversary in Pudong of Shanghai, bringing new insights to the furniture industry with around 3,500 selected exhibitors, brands and their high-quality products.
The outstanding success of the last exhibition boasted a record 37% increase in attendance. There is therefore great anticipation for the 44th edition of CIFF taking place at the National Exhibition & Convention Center in Shanghai Hongqiao from 8th to 11th September 2019 due to its extraordinary range of furnishing solutions.
According to CSIL Market Research Report Africa Furniture Outlook (March 2019), almost 70% of the total furniture market in Africa is satisfied by local manufacturers.
Total Africa furniture production amounts to US$ 7.5 billion and only 10% of furniture manufactured in Africa is exported (main exporting countries are Egypt, South Africa, Morocco and Tunisia). Several African countries have good potential for developing their furniture industry, both for internal consumption and for exports.
For Africa as a whole, a 2.4% growth of furniture consumption in real terms is expected for the year 2020.
With an extensive analysis that led to the publication of the Market Research Report ‘Top 200 furniture manufacturers worldwide’ (March 2019), CSIL identified the leading players operating in the furniture sector (definition of ‘top company’ relates to the value of furniture turnover).
Altogether, the Top 200 companies produced a total turnover of around USD 150 billion, of which, around USD 100 billion relate specifically to the furniture sector (or about 20% of world furniture production).