Precious Woods to Double Brazilian Operations

BRAZIL –  Swiss timber company Precious Woods, a global leader in sustainable management of tropical forests, plans to double its operational area in Brazil, where it currently manages around 575,000 hectares in the state of Amazonas. In 2024, its Brazilian...

CSIL: Global Furniture Trade Recovers Slightly, Outlook Worsens

ITALY –  The global furniture trade experienced a modest rebound in 2024, following a 9% contraction in 2023, according to the latest “World Furniture Outlook 2025/2026” report released by CSIL (Centre for Industrial Studies). After years of strong growth, the...

German Furniture Exports Stabilize in 1Q-2025

GERMANY –  Germany’s furniture industry showed signs of stabilization in the first quarter of 2025, with export levels nearly matching those of the same period last year. According to preliminary foreign trade statistics from the Federal Statistical Office,...

Ligna 2025 Reaffirms Leadership with 78,000 Visitors

GERMANY – From May 26 to 30, Ligna 2025 gathered the global woodworking and processing industry in Hanover, featuring 1,433 exhibitors from 49 countries over 114,078 sqm. The show welcomed 78,000 attendees, matching the turnout of 2023, and delivered momentum and...

Saudi Furniture Market to Hit USD 9.48 Billion by 2030

IRELAND –  According to a new report added to ResearchAndMarkets.com's offering, titled "Saudi Arabia Furniture Market by Region, Competition, Forecast & Opportunities, 2020-2030F", Saudi Arabia’s furniture market was valued at USD 7.23 billion in 2024 and is...

European Wood Panel Output Rises 1.9% in 2024

GERMANY –  During the recent Interzum trade fair, the European Panel Federation (EPF) shared preliminary figures for 2024 and its outlook for 2025, highlighting a modest production increase of 1.9% compared to the previous year. The announcement was made during a...

Spanish Furniture Exports Up 6.7% in 1Q-2025

SPAIN –  According to data from ESTACOM, Spanish furniture exports recorded solid growth of 6.7% in the first quarter of 2025, reaching EUR 786 million. This represents a significant rebound compared to the same period in 2024, when exports had declined by 2.7%....

Sustainable Construction Starts with Wood

ECUADOR –  As World Recycling Day was observed on May 17, recycled wood is emerging as a key material in sustainable construction, offering an effective response to the environmental challenges posed by traditional building practices. The construction industry is...

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