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NEWS & ARTICLES: Articles

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

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

 

 

The office furniture world outlook

2021-04-07

The office furniture sector is facing the consequences of the pandemic. Strong change of habits and people's adaptation to new circumstances, spaces, and technology, forced sector companies to operate some changes.

 

All major sources underline that remote working and working from home will increase in the coming years, but this will not necessarily be a replacement for office spaces. Fluidity will come in the form of working from a variety of locations, reflecting the diversity of tasks and the preferences of employees.

 


 

CSIL Office furniture: world market outlook, December 2020 edition

 

 

E-commerce. Furniture industry developments during the pandemic

2021-03-15

World furniture consumption during 2020 has been inevitably affected by the spread of the pandemic, which forced well over 100 countries worldwide to institute either a full or a partial lockdown in different periods of the year, affecting billions of people, who had to change in part their consumption habits.

Under those circumstances, the e-commerce channel showed an opposite trend with the global value of furniture sold online reaching a double-digit increase, now representing 10% of furniture consumption at end-user prices on a world scale.


 

SOURCE: CSIL Report: E-commerce for the Furniture Industry, edition December 2020. The report analyses the status and prospects of e-commerce for the furniture industry.

 

Mattresses. E-commerce on increasing growth trajectory

2021-01-08

 

The e-commerce mattress market is experiencing a time of growth, compared to the retail mattress market and, in particular, to other segments of the furniture industry. A fast increase in online sales is registered among the largest home furniture and mattress retailers (in particular e-tailers and online mattress companies) in the first half of 2020.

 

E-commerce and boxed mattresses are changing the major global mattress markets, resulting in different performances across the world. 

 


Source: CSIL ‘E-commerce in the mattress industry
 

World mattress industry: Trends of last 10 years and insights in the first half of 2020

2020-10-09

 

During the first half of 2020, the outbreak of Covid-19 has brought strong effects worldwide, affecting the furniture and the mattress markets, both from the demand and the supply side. The consequences on mattress consumption are still uncertain and may vary widely from country to country depending on the severity of the contagion, the length of the lockdown, the status of the economy in early 2020, and the ability to use resources to assist in the recovery. 

 

CSIL recently processed sector forecasts (2020 and 2021) for major markets (and geographical areas) providing insights into the sector’s development in the first half of 2020, included in the report “The World Mattress Industry

 

 

The world upholstered furniture industry

2020-09-28

 

According to CSIL, the world upholstered furniture consumption is forecasted to decrease in 2020, but registering a lower decrease if compared to the whole furniture industry and rebounding faster in 2021.

The consequences of the Covid-19 pandemic on the world upholstered furniture consumption depend largely on the ability of the largest markets to mobilize resources to assist in the recovery and on the creation of opportunities for upholstery exporting countries to stimulate local consumption to absorb upholstered furniture made available as a consequence of a decrease in exports.

 

These forecasts are included in the CSIL report “The World Upholstered Furniture Industry” issued in June 2020.

 

 

HOME OFFICE. An opportunity in challenging times

2020-09-16

 

The rapid development of the home office furniture segment is among the opportunities for manufacturers generated in these challenging times of pandemic. However, the evolution experienced over the last decade underlines an important contradiction: despite the number of people working at home has been increasing year by year at a world level, office furniture manufacturers progressively reduced the creation of specific office furniture products for teleworkers.

 

Home Office Furniture in Europe’, a brand new report by CSIL (September 2020), analyses the home office furniture market in Europe, basic data, evolution and sales by country, forecasts, demand, drivers, distribution channels, and competitive system. 

 

Office furniture supply for Small business and E-commerce in Europe

2020-06-09

 

CSIL Market Research has recently published results of a survey on a sample of one hundred office furniture dealers for an in-depth analysis of supply activity for small accounts in Europe.

 

The perspective of this research is not restricted to understanding the furnishing of office spaces but it has been conceived for a wider panorama of activities, like furniture for small hotels, B&B, bar/restaurants, co-working, and individual offices.

 


 

Office and commercial furniture supply for small business and e-commerce in Europe. The dealer point of view, Edition March 2020.

 

 

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