Companies in the timber industry / Daily News / Global Trends / Market Analysis / Furniture / Wood Products / Woodworking machinery / Europe / Global
June 12, 2020
Italian wood furniture technology heavily impacted by COVID-19
According to the analysis of data collected by the Studies Office of Acimall, the Confindustria-member association representing the Italian wood-furniture technology industry, findings that confirmed an immediate impact of the lockdown caused by the Covid19 pandemic is unsurprising. The first quarter 2020 closed with a widespread reduction of woodworking machinery and tool orders, a two-digit decrease that involved all global markets, though with some delay. The quarterly survey – which involves a representative sample of the entire industry – has revealed a strong reduction of orders, by 21.1 percent compared ...
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