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Keyword: furniture

59 Chinese wood and furniture business to relocate factories to Indonesia

59 Chinese investors engaged in the wood and furniture business will relocate factories to Indonesia. The investors plan to relocate [...]

Slowdown in U.S. furniture imports as shipments from China crash

U.S. furniture imports fell in the first half, a result of a double-digit drop in shipments from China [...]

Global wooden furniture market expected to grow 32% by 2025

The size of the global wooden furniture market is expected to grow from $395 billion in 2018 to more than [...]

Where will the Chinese furniture exports be redirected as trade war with US hit shipments and prices?

Just as the American hardwood industry has long been worried about the "eggs" that put more than one-half of [...]

Indonesian timber and furniture industry seeks to take advantage of the US-China trade war

The Indonesian government is mulling over banking on its timber and furniture industry to seize the momentum amid the ongoing [...]

IKEA reports record sales on booming online revenues

IKEA reported annual sales above 40 billion euros ($44 billion) for the first time on Wednesday as the Swedish furniture [...]

U.S. removes some Chinese furniture from planned 10% tariffs

The Trump administration is sparing some Chinese-made household furniture  from its next rounds of 10% tariffs.    [...]

Africa a growth market for furniture

Several African countries have good potential to develop their furniture industry, both for expanding internal consumption and for export markets [...]

Ikea to close its last U.S. plant

Ikea Industry will close its last U.S. plant with production being relocated to Europe. The Swedish furniture giant says [...]

Brazilian wood products exports up 29% in May

In May 2019, Brazilian exports of wood-based products (except pulp and paper) increased 29% in value compared to May [...]