The German furniture market accelerated its growth last year. In 2015, sales of the sector increased by 1.5 % to 25.9 billion Euros. In previous years, the growth rate was around one percent. One reason for this positive development was the increase in residential construction. This year, according to a study by Interconnection Consulting (IC), peak growth will be achieved (+1.7% in value). In the following years, however, the growth will continue at a lower rate.
June 30, 2016
German furniture market recovers well due to positive housing developments
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