The world upholstered furniture market amounts to USD 73 billion, about 16% of the total furniture market. The largest markets are the United States, China, and Germany. Following the rebound after the pandemic, which saw a 22% increase in global upholstered furniture consumption (2021 compared to 2020, in current USD), the market has shown slow growth over the past decade, averaging a 1% annual increase. In 2023, the global market contracted by 8%, gradually returning to pre-pandemic levels. The post The World Upholstered Furniture Industry Landscape appeared first on World Furniture Online ..read more

The digital transformation process is still in its early stages in the European furniture industry, with few leading furniture manufacturers that fully integrate digitalization in their processes. For the vast majority of the European furniture manufacturers surveyed by CSIL within its research activities, digital transformation, such as the development of IoT, additive manufacturing, 3D printing, or Artificial Intelligence (AI), is still in progress or just started. The post Priorities and Perspectives of Digital Solutions in the Furniture Industry appeared first on World Furniture Online ..read more

The office furniture market in Europe is going through one of the most radical transformations among the subsegments of the furniture industry. One the one hand it is being conditioned by changes in traditional working standards and on the other by an unfavourable macroeconomic scenario, which makes the growth path of this sector more complicated than in the furniture business in general. The post A Changing Office Furniture Market in Europe appeared first on World Furniture Online ..read more

The 54th edition of CIFF Shanghai will be held from September 11 to 14, 2024, at the National Exhibition and Convention Center (Shanghai Hongqiao). As one of the major trade fairs in the international furniture industry, CIFF Shanghai aims to create a world-class platform to promote high-quality development of the furniture sector. The post CIFF Shanghai 2024. A New Era in Home Furnishings appeared first on World Furniture Online ..read more

The new edition of ORGATEC, a leading international trade fair, will take place in Cologne from 22 to 25 October 2024 aiming to set new standards for the design of modern working environments. Following a new topic-centred approach, the trade fair will bring together leading figures from the office furnishing industry and turn the spotlight on the latest trends and developments relating to the future of work. The post The future of the world of work at ORGATEC 2024 appeared first on World Furniture Online ..read more

Vietnam is currently one of the largest export countries in the global wood & furniture map attracting an increase in FDI flow in recent years, driven by the country’s favorable trade policies, tax support, rising robust global demands, and the upgrading of transport infrastructure quality. Following a successful 2024 edition, HawaExpo 2025 will take place on 05 - 07 March 2025 at White Palace, Pham Van Dong Street, Thu Duc City, HCMC, Vietnam, aiming to continue to amaze foreign buyers with the finest product in an innovation showcase. The post What to expect at HAWA Expo 2025 appeared fi ..read more

According to the  CSIL report ‘The European Market for Outdoor Furniture’ (March 2024) the outdoor furniture market in Europe has gone through one of the most dynamic transformations among the sub-segments in the furniture industry and its evolution was highly conditioned by the COVID-19 pandemic. Source: CSIL The market for outdoor furniture in Europe amounted to around EUR 3.5 billion and while it performed better when compared to the sector average over the past couple of years, in 2023 it was realigned. The largest markets are Germany, the United Kingdom, Italy, and France accounting ..read more

According to CSIL’s report ‘The World Office Furniture Industry‘ the office furniture industry worldwide reaches a total production value of over USD 52 billion, representing about 12% of global furniture production. As a sector, due to global events such as the COVID-19 pandemic, the office furniture segment has been subjected to various pressures and fluctuations in recent years. After rebounding by 13% in 2021, global production at current prices decreased marginally both in 2022 and 2023. Performance does vary across regions, however, with Europe outperforming both North America and Asia-P ..read more

According to the CSIL report Il mercato italiano dei mobili per cucina, the Italian kitchen furniture production slightly decreased by -1% (in terms of value) in 2023, if compared to the previous year. However, in terms of volume, the decline was more pronounced (-5.7%) standing at a value of about 930,000 kitchens produced. The kitchen furniture sector is going through a general adjustment phase after the two-year boom following the pandemic. Business outputs tend to return to more subdued levels, aided by still high inflation and the resulting slowdown in the Italian economy. Low, low-medium ..read more

According to CSIL (‘Furniture retailing in Europe’ 2024 report), the European retail furniture market is worth EUR 165 billion. The market exhibited robust growth in 2021, followed by a deceleration in 2022, and a contraction in 2023 (-3.5%). In 2023, influenced by the natural shift in demand post-pandemic, the rising cost of living has intensified pressure on consumer spending, particularly for big-ticket items such as furniture. However, it is worth noting that, despite ongoing uncertainties, the newfound significance of the home, stemming from the pandemic, is anticipated to drive new deman ..read more