The latest news, a survey of 70 countries in the world from the Milan Industrial Research Center (CSIL) shows that global furniture trade is expected to reach 128 billion in 2014, compared with the total global furniture trade of $124 billion in 2013, 2014 The increase is expected to reach 3.2%.
CSIL conducted a detailed analysis of the furniture trade in 70 major countries in the world in The World Furniture Prospects 2014. According to the summary of the report, the furniture trade indicators of these 70 countries from 2013 to 2014 have exceeded the peak value before the 2008 recession – $117 billion.
The report focuses on a number of furniture producing countries such as China, Germany, Italy, Poland and the United States, as well as major areas of furniture consumption, such as Western Europe, North America, Asia, South America, Central Europe and Eastern Europe.
The report pointed out that the United States, Germany, France, the United Kingdom and Canada are the main importers of the world furniture trade. Both the United States and Canada have reached or exceeded their pre-recession import levels, but Europe has not yet achieved this goal due to the slow economic recovery.
The Milan Industrial Research Center was established in 1983, focusing on the prospects of Italy and the world furniture industry. On November 22nd, the 31st CSIL year-end meeting was held in Milan. Furniture industry operators, industry association representatives, publishers, economists and researchers participated in the event.
CSIL's team of experts analyzed in detail the prospects for the furniture industry in Italy and 70 major countries in the world in 2014. Focusing on “Intelligence and Convenience, Cities in 2020â€, it explores the main issues of sustainable urban development in the world, as well as the socio-economic impacts of the company's growth and development.
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