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CSIL Forecasts 1% Growth in Global Furniture Consumption in 2026
ITALY – Global furniture consumption is expected to grow by around 1% in current USD in 2026, according to forecasts from Italian market research institute CSIL. However, the sector will continue to be affected by trade policy uncertainty and the impact of tariffs...
Egger Posts Stable First Half 2024/25 results amid challenging market
AUSTRIA – The Egger Group closed the first half of its 2024/2025 financial year (ended 31 October 2024) with consolidated sales of EUR 2.1 billion, down 0.2% year on year, reflecting difficult conditions in construction, weak consumption, global conflicts...
Sodimac Chile Targets 20% of Sales from E-Commerce by 2030
CHILE – Sodimac Chile has placed its digital channel at the center of its growth strategy, targeting e-commerce to account for around 20% of total sales by 2030. The company, part of the Falabella group, launched a specialized “superstore” online model in...
Sibylle Thierer Honored for Entrepreneurial Leadership in Germany
GERMANY – Sibylle Thierer, Chairwoman of the Supervisory Board of Häfele, has been awarded the Baden-Württemberg Business Medal for outstanding entrepreneurial achievements and her contributions to the state’s economy. The award was presented on November 12, 2025,...
Hexion Sells Oregon Plant to Kronospan
USA – Hexion Inc. has sold its manufacturing site in La Grande, Oregon, to long-standing customer Kronospan, marking a strategic move for both companies. The transaction supports Kronospan’s plans to improve manufacturing efficiency while...
German Furniture Industry to Organize U.S. Business Trip
GERMANY – German furniture industry associations will organize a business development trip to the United States from May 11 to 15, 2026, targeting small and medium-sized German furniture companies seeking to expand in the world’s second-largest...
Jysk Advances SBTi Climate Commitments with Suppliers
DENMARK – Jysk, one of the largest global furniture retailers, has engaged all of its suppliers in setting Science Based Targets initiative (SBTi)–validated climate goals, with 94% of its suppliers—measured by emissions—committing to set...
Titus Launches Push Latch S3 for Handleless Cabinets
SLOVENIA – Titus has introduced Push Latch S3, the latest generation of its push-to-open solution for handleless cabinet doors. Designed for kitchens, living areas and office furniture, the new system delivers soft, silent and bounceless opening and gentle...
Egger Completes Wismar, Germany OSB Upgrade
GERMANY – Egger, one of the main global wooden panel manufacturers, has successfully completed the modernization of its oriented strand board (OSB) plant in Wismar, Germany, bringing the facility back into operation five days ahead of schedule after a 52-day...
Ikea to Expand U.S. Manufacturing Amid Tariff Pressures
USA – Ikea plans to increase sourcing from U.S. factories as tariffs introduced by President Donald Trump’s administration have raised the cost of importing products such as mattresses, sofas and bookcases, a company executive told Reuters. The move...
Scm Group Announces Open House Rimini 2026
ITALY – Scm Group has announced the upcoming edition of Open House Rimini 2026, to be held from March 12 to 14 at its Technology Center in Rimini, Italy. The event will once again position the company at the forefront of innovation in the woodworking and furniture...
Tvilum Reinforces Sustainability as a Core Manufacturing Strategy
DENMARK – Sustainability remains central to Tvilum’s corporate strategy as one of the world’s leading manufacturers of ready-to-assemble (RTA) furniture. The company continues to strengthen its commitment to reducing environmental impact while delivering...
Current
CSIL Forecasts 1% Growth in Global Furniture Consumption in 2026
ITALY – Global furniture consumption is expected to grow by around 1% in current USD in 2026, according to forecasts from Italian market research institute CSIL. However, the sector will continue to be affected by trade policy uncertainty and the impact of tariffs...
Egger Posts Stable First Half 2024/25 results amid challenging market
AUSTRIA – The Egger Group closed the first half of its 2024/2025 financial year (ended 31 October 2024) with consolidated sales of EUR 2.1 billion, down 0.2% year on year, reflecting difficult conditions in construction, weak consumption, global conflicts...
Pantone Selects “Cloud Dancer” White as 2026 Color of the Year
USA – Pantone has announced Cloud Dancer (PANTONE 11-4201) as its Color of the Year for 2026. The company describes it as “a lofty white that serves as a symbol of calming influence in a society rediscovering the value of quiet reflection.” The shade...
German Furniture Exports Hold Steady Despite Trade Pressures
GERMANY - German furniture exports remained nearly stable in the first nine months of the year, reaching EUR 6.2 billion (-0.7%), according to preliminary foreign trade data from the Federal Statistical Office. Despite ongoing tariff disputes and difficult...
Roseburg Shuts California Veneer Plant, Consolidates in Oregon
USA – Roseburg Forest Products announced that it permanently ceased operations at its veneer plant in Weed, California, effective Dec. 3, 2025. The company is consolidating veneer production at its mills in Oregon, where newly installed, high-efficiency equipment is...
SPF Enters Particleboard Market with New Dieffenbacher Plant
INDONESIA – Indonesia’s largest MDF producer, Sumatera Prima Fibreboard (SPF), has entered the particleboard market with the purchase of a complete CEBRO particleboard and Super PB plant from Dieffenbacher for its Indralaya site near Palembang, South...
Masisa Narrows Losses as Revenue Declines in 9M-2025
CHILE – Masisa reported USD 212.5 million in revenue for January–September 2025, a 4.1% decline compared with the same period in 2024. The company attributes the decrease to weak market activity in the United States, driven by uncertainty surrounding...
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