GERMANY – The German furniture industry continues to face significant challenges due to a weak consumer climate, sluggish residential construction, and growing bureaucratic burdens like the EU Deforestation Regulation. In the first half of...
ITALY – The Italian kitchen furniture sector is navigating a period of consolidation and innovation as it works to recover from a modest downturn in value, following a two-year boom after the pandemic. The decline was attributed to economic factors such as...
NETHERLANDS – Spanish executive Juvencio Maeztu will become CEO and President of Ingka Group, the largest Ikea retailer, starting November 5, 2025. Currently Deputy CEO, Maeztu has spent 25 years within the company, beginning in the early 2000s as a store manager in...
USA – U.S. President Donald Trump announced that his administration has launched an investigation into imported furniture, with a decision expected within 50 days. Writing on Truth Social, Trump said the measure is intended to “bring the furniture business back...
PERU – Peru imported USD 81.4 million worth of particleboard/MDP between January and June 2025 (6M-2025), representing a 23.1% increase compared to the same period in 2024, according to Sisduan data. By importer, Novopan Peru led with USD 39.3 million (+21.9%),...
