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NEWS & ARTICLES: Articles

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

The High-end Furniture Market

2019-09-18

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

Status and prospects of the furniture industry in Africa

2019-07-01

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.

 

 

CSIL analyses the Top 200 manufacturing companies operating in the furniture sector

2019-05-24

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).

 

 

 

 

Trends in the mattress sector: Bed-in-a-box and innovation in filling materials

2018-11-26

The mattress industry is changing and among the main trends impacting this sector, it is worth to mention the increasing importance of online sales and the research in innovative materials.

 


 

Source: CSIL The world mattress industry", July 2018,  XV Edition

Romania. A promising hub for upholstered furniture companies

2018-11-09

Romania plays a key role in the European upholstered furniture sector, ranking fourth in export and fifth in production of this segment. In 2017 Romanian companies manufactured upholstered furniture for a value of about EUR 670 million, increasing by nearly 50% in the time frame 2012 - 2017.


CSIL Upholstered Furniture Market Research Reports:

Another positive year for office furniture in Europe

2018-10-31

According to CSIL, 2017 was a positive year for the office furniture sector in Europe. Despite persistent uncertainties, the European production reached EUR 8,780 million in 2017 posting a 2% growth and reinforcing the performance of the previous year.

 

Office furniture consumption in Europe increased by 2.2% in 2017 reaching a total value of EUR 8,459 million. Among the largest Western European markets Austria, France, Italy and Spain outperformed the European average (+2.2%)

 


 

SourceThe European market for office furniture, June 2018, XXX edition, CSIL Market Research Report.

 

Malaysian Timber Conference 2018 in Kuala Lumpur

2018-10-26

The Malaysian Timber Council (MTC) hosted its first timber conference on 18 October 2018, at the Meridien Hotel in Kuala Lumpur, along with other sector experts from Finland, Switzerland and Malaysia.

 

Sylvia Weichenberger, CSIL Partner and Senior Expert, was invited as a guest speaker.

How world mattress industry has changed over the last ten years

2018-10-04

According to CSIL, world consumption and production of mattresses have grown over the last decade, with different performances among different regions.

 

Globally, mattress production confirmed to grow in 2017. The value of mattresses produced worldwide increased by 40% since 2008 and it is forecasted to further increase in the time frame 2019- 2022.

 


 

Source: The world mattress industry", July 2018,  XV Edition

Trends in the European office furniture market

2018-08-28

In a recent survey that involved around one hundred European office furniture distributors, a category which is shifting today from being simple suppliers of furniture items, to become providers of service, consultancy and complete solutions, CSIL tried to understand and describe the main sector’s trends in the coming years.

 


 

Source: Trends in the European office furniture market: the dealer’s point of view

 

CSIL cooperates with the EBRD in designing strategies and supporting companies of the furniture sector in Ukraine and Belarus

2018-06-22

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.

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