PUBLISHER: CSIL Centre for Industrial Studies | PRODUCT CODE: 1382670
PUBLISHER: CSIL Centre for Industrial Studies | PRODUCT CODE: 1382670
The CSIL Report “ World Furniture Outlook 2024 ” provides an overview of the global furniture sector through historical series of basic data (furniture production, consumption, imports, exports 2014-2022 and 2023 preliminary estimates) and prospects of the furniture market for the years 2024 and 2025 for 100 countries.
CSIL constantly monitors the international trade of furniture including unpredictable circumstances and uncertainties affecting the global market scenario. Furniture market forecasts for 100 countries included in this study reflect CSIL's in-depth knowledge of the markets and their ongoing evaluation.
This market research Report includes:
Statistics and outlook data are also available in a country format:
The 100 country summary tables also include:
100 Countries covered selected according to their contribution to the production and international trade of furniture: Albania, Algeria, Argentina, Australia, Austria, Azerbaijan, Bahrain, Bangladesh, Belarus, Belgium, Bolivia, Bosnia Herzegovina, Brazil, Bulgaria, Cambodia, Cameroon, Canada, Chile, China, Colombia, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Guatemala, Hong Kong (China), Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Lithuania, Malaysia, Malta, Mexico, Moldova, Montenegro, Morocco, Netherlands, New Zealand, Nigeria, North Macedonia, Norway, Oman, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan (China), Tanzania, Thailand, Tunisia, Türkiye, Turkmenistan, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Vietnam.
“World furniture Outlook ” is the CSIL flagship publication, issued twice a year, in July and November, providing status and prospects of the world furniture sector.
“The World Furniture Outlook 2024” report analyses the slump in the global furniture industry throughout 2023 and anticipates a gradual recovery in 2024 and 2025.
According to CSIL estimates, in 2024, a decline in consumer confidence and weakened furniture demand, particularly in Europe and North America, are expected. Globally, furniture consumption is forecasted to experience a slight decrease in real terms in 2024, with a potential resume in 2025.
2023 has been a very bad year for the international trade of furniture, but above the pre-pandemic level. Projections for 2024 and 2025 suggest a slow recovery, with positive growth in current US$ expected in 2025, marking the first time in four years