Headlines
Eucatex Reports Strong Growth in 2Q-2025 and 6M-2025
BRAZIL – Eucatex, one of the largest manufacturers of wooden panels in Brazil, with operations also in the paint and varnish, laminated flooring and doors segments, posted solid results in the second quarter of 2025, with sales reaching BRL 784.1 million,...
Jowat and Gannomat Partner to Boost Woodworking Adhesives
GERMANY – Jowat SE, a global leader in industrial adhesives, and Gannomat, a specialist in high-performance woodworking machinery, have announced a strategic partnership to optimize adhesive processes in industrial wood processing worldwide. The...
Jalisco Furniture Industry Calls for 30% Tariff on Asian Imports
MEXICO – Following the precedent set by the footwear industry, furniture manufacturers in Jalisco are urging the Federal Government to impose a 30% tariff on imported finished furniture, mainly from China and other Asian countries. Mercedes Abundis...
The Home Depot Reports USD 45.3 Billion in Sales for 2Q-2025
USA – The Home Depot, the world’s largest home improvement retailer, posted sales of USD 45.3 billion in the second quarter of fiscal 2025, up USD 2.1 billion or 4.9% from the same period in 2024. Comparable sales rose 1.0%, while U.S. comparable...
Fimma Brasil 2025 Welcomes 20,750 Visitors
BRAZIL – The 17th International Suppliers Fair for the Wood and Furniture Production Chain (Fimma Brasil) confirmed the importance of in-person trade shows for the sector. Held from August 4–7 in Bento Gonçalves (RS), the event featured over 300 national...
Kastamonu Entegre Among Top 100 Turkish Companies
TURKEY – Kastamonu Entegre, a global brand in the wood-based panel industry, strengthened its market position by climbing to 61st place in the Capital 500 — the annual ranking published by Capital magazine listing the 500 largest private companies in Turkey by...
BoConcept Delivers Solid Results Despite Global Challenges
DENMARK – BoConcept, one of the world’s leading furniture and lifestyle brands, has reported a solid performance in its 2024/2025 financial year, despite a difficult global market marked by uncertainty and shifting consumer behavior. According to its newly...
Arauco Sees Profit Fall in 2Q-2025
CHILE – Arauco posted mixed results for the first half of 2025. In the second-quarter (2Q-2025) sales revenue reaching USD 1,524.7 million, a slight 0.6% decrease from the same period in 2024. Wood Products sales rose 3.4% to USD 782.3 million. EBITDA for...
Novopan Advances Forest Genetics Research with Technical Tour
BRAZIL – As part of its commitment to innovation and sustainability, Novopan carried out a technical tour with its Genetics team to deepen the use of forest genetics technologies. In its Biotechnology Laboratory, the company is implementing multiple...
MasterBrand and American Woodmark Announce USD 3.6 Billion Merger
USA – MasterBrand, Inc and American Woodmark Corporation, two of the largest kitchen furniture manufacturers in North America, have signed a definitive agreement to merge through an all-stock transaction, creating a combined company with a pro forma equity value...
Wirutex Achieves ISO 9001 Certification, Reinforcing Commitment to Quality
ITALY – Wirutex, a leading manufacturer of polycrystalline diamond and tungsten carbide tools for processing wood and advanced materials, has obtained ISO 9001:2015 certification, a milestone reached in March 2025. The certification validates the company’s...
Sarton Group to Bring Ikea to Central America
PANAMA – Inter Ikea Systems B.V., owner of the Ikea Concept and global franchisor, has signed franchise agreements with Sarton Group to develop operations in Panama and Costa Rica. The move marks another step in Ikea’s expansion across the Americas....
Current
Russian Furniture Industry Calls for Higher Tariffs
RUSSIA – More than USD 430 million worth of European furniture is expected to flood the Russian market in 2025, prompting the Furniture Association of Russia (FER) to call on President Vladimir Putin to raise import duties and protect domestic manufacturers. The...
Vietnam Top Buyer of Chinese Woodworking Machinery
CHINA – According to data from the Acimall Studies Office based on ISTAT figures, China’s exports of woodworking machinery (excluding tools) reached EUR 2.52 billion in 2024, marking a 9.3% increase compared to 2023. Vietnam became China’s top...
Salone del Mobile 2025 Draws Over 300,000 Visitors
ITALY – Despite global economic challenges, the 63rd edition of Salone del Mobile.Milano welcomed 302,548 attendees underscoring the event’s international significance. The fair showcased 2,103 exhibitors from 37 countries, reinforced by a strong cultural program and...
Sustainable Production Focus at Ligna 2025 in Hannover
GERMANY – Ligna 2025 will take place in Hannover from May 26 to 30 in a challenging environment marked by new U.S. tariffs and international counter measures affecting several industries, including woodworking. Despite these obstacles, Ligna has always proven to be a...
Colombia’s Furniture Exports Drop in Early 2025
COLOMBIA – Colombia’s wooden furniture exports for the period of January and February 2025 have experienced a 14.7% decline compared to the same period in 2024. Exports totaled USD 7.67 million in 2025, down from USD 8.99 million in the first two months of 2024. While...
Ecuador’s Particleboard Exports Down 9.1% in First Two Months 2025
ECUADOR – Ecuador's particleboard and medium-density particleboard (MDP) exports experienced a notable decline in the first two months of 2025, falling by 9.1% compared to the same period in 2024. Total export revenues reached USD 30.97 million between January and...
U.S. Wooden Furniture Imports Rise 6.6% in 2024
USA – The United States imported a total of USD 13.5 billion in wooden furniture in 2024, reflecting a 6.6% increase over 2023. This growth was driven primarily by Vietnam, which strengthened its position as the top supplier with USD 5.54...
People
