World furniture consumption for 2015 is forecasted to grow by 3.4%

World consumption of furniture for 2015 is forecasted to grow by 3.4% in real terms, in comparison to 2014, with limited growth in Europe and a continuing fast expansion in Asia.

 

(Editor: Leona)

 

World consumption of furniture for 2015 is forecasted to grow by 3.4% in real terms, in comparison to 2014, with limited growth in Europe and a continuing fast expansion in Asia. Furniture consumption is expected to grow for large markets as China, the US and Germany, respectively +6%, +3% and +2%.

 

World trade of furniture in the last ten years has grown faster than furniture production. Top importing countries are the US, Germany, France, the UK and Canada (with the US plus Canada and Germany reaching or exceeding the pre-recession level) while major exporters are China, Italy, Germany, Poland and Vietnam.

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