Daily News / Global Trends / Market Analysis / Furniture / Statistics / Wood Products / Europe / Global
April 18, 2018
EU domestic furniture sector recovery and growth
The biggest shift in the EU furniture sector in recent years has come in the degree of market self-sufficiency, with European manufacturers taking more of their domestic national and intra-EU trade. Further underlining their growth and increasing competitiveness, they are also exporting more. According to the European Furniture Industries Confederation, the sector was hard hit in the international downturn from 2007, seeing turnover fall from euro136 billion to euro90 billion and shedding 280,000 jobs. Since then, however, it has seen sales recover to euro96 billion and its workforce to rise to over 1 ...
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