Headlines
Scm Group Wins Best Managed Companies Award for Fourth Year
ITALY - For the fourth consecutive year, Scm Group has received the Best Managed Companies Award, recognizing the entrepreneurial excellence of Made in Italy. This award is promoted by Deloitte Private in collaboration with ALTIS - Graduate School of Sustainable...
Slight Decrease in Ecuadorian Particleboard Exports in 8M-2024
ECUADOR - Ecuador's exports of particleboard / MDP from January to August 2024 (8M-2024) have experienced a slight overall decline compared to the previous year. Total exports reached USD 132.9 million, a 2.4% decrease from USD 136.2 million in 2023. Colombia...
Strong Recovery in Argentinian Decor Paper Imports
ARGENTINA - Argentina’s imports of wooden panel decor paper from January to July 2024 totaled USD 15.3 million, showing notable growth compared to USD 3.2 million in the same period of 2022. Although this represents a 16.4% decrease from USD 18.3 million in 2023, the...
Ingka Group Focuses on Lower Prices to Drive Growth in FY24
NETHERLANDS - Ingka Group , Ikea's largest retailer, reported its share of Ikea retail sales at EUR 39.6 billion for Fiscal Year 2024 (FY24), a 5% decline from EUR 41.7 billion in FY23. The company focused on lowering prices, investing over EUR 2.1 billion in...
Dieffenbacher and Unilin Partner to Advance Fiberboard Recycling
BELGIUM - Dieffenbacher and Unilin Technologies announced a cooperation agreement to commercialize Osiris, Unilin’s patented fiberboard recycling technology. This partnership enhances both companies' commitment to sustainability in the flooring and panel industries by...
Sustainable Design, New Red Dot Award Meta-Category
GERMANY - The Red Dot Award, recognized worldwide for its excellence in design, has broadened its scope by introducing a new meta-category focused on sustainable design. This category aims to highlight products that are not only aesthetically pleasing and functional...
Brazilian Cultivated Tree Sector Surpasses 10 Million Hectares
BRAZIL - According to the latest Ibá (Brazilian Tree Industry) Annual Report, the cultivated tree sector in Brazil has surpassed 10 million hectares for the first time. These trees produce renewable, biodegradable, and recyclable bioproducts for over 2 billion people...
Ikea Opens Its Third Store in Colombia
COLOMBIA - Ikea has opened a new store in Medellín, continuing its regional expansion plan in partnership with Falabella. This new location, at the Viva Envigado shopping center, spans 18,000 square meters, with 12,200 square meters dedicated to sales. Customers can...
Wilsonart Releases Its 2023 Sustainability Report
USA - Wilsonart, a world-leading engineered surfaces company, recently announced the release of its 2023 Sustainability Report. This report, now available on the company’s website, highlights Wilsonart’s ongoing commitment to sustainability and transparency in its...
Koelnmesse Cancels imm cologne 2025 Trade Show
GERMANY - imm cologne 2025 programed for January has been canceled. Koelnmesse, in collaboration with the Association of the German Furniture Industry (VDM) and the Furniture and Kitchens Trade Association (BVDM), made this decision due to significant economic...
Mixed Trends in Regional Particleboard Imports in 6M-2024
COLOMBIA - In the first half of 2024 (6M-2024), particleboard imports in Latin America demonstrated varied trends across different countries. The total imports in the region amounted to USD 266.3 million, showing a slight decline of 2.6% compared to USD 273.5 million...
Digital Innovation in European Furniture Manufacturing
ITALY - A recent article by CSIL Market Research highlights that the European furniture industry is in the early stages of digital transformation, with only a few leading manufacturers fully integrating digitalization into their processes. CSIL’s research shows that...
Videos
Current
Spanish Particleboard Exports to LATAM Up 58.8% in 6M-2024
SPAIN - From January to July 2024, Spain has seen a general increase in particleboard / MDP exports, reaching a total of USD 76.5 million, a 58.8% rise from USD 48.2 million in 6M-2023. Among the countries showing the most significant improvements compared to last...
Colombian Wooden Furniture Exports Up 4.1% in 7M-2024
COLOMBIA - Colombia's wooden furniture exports have shown a slight increase from January to July 2024, rising by 4.1% to reach USD 34.99 million compared to USD 33.62 million during the same period in 2023. This growth is attributed to notable increases in exports to...
German Furniture Industry Sales Decline by Nearly 10% in 6M-2024
GERMANY - The German furniture industry saw a significant drop in sales in the first half of 2024, falling by 9.7 percent to EUR 8.3 billion. This decline is mainly due to consumer reluctance influenced by rising energy and food prices and political uncertainty. Jan...
Latin America’s Wooden Furniture Exports Dip 5.5% in 6M-2024
COLOMBIA - In the first half of 2024, Latin America's wooden furniture exports experienced a decline of 5.5% compared to the same period in 2023, totaling USD 759.3 million. This downturn reflects varied performances across the region, with some countries seeing...
Eco-Friendly Building Materials are Transforming Ecuador’s Construction Sector
ECUADOR - The construction industry is a major environmental contributor globally, accounting for about 39% of CO2 emissions, primarily due to material manufacturing like cement. However, the shift towards sustainable practices is gaining momentum. Daniel Sotalin,...
China’s Wooden Furniture Exports Surge 24% in 7M-2024
USA - According to Lesprom Analytics, China’s wood furniture exports saw a significant 24% increase in the first seven months of 2024, reaching 256 million pieces. This boost led to a 9% rise in export value, totaling USD 13.4 billion. Despite this growth, the average...
TF Bern Innovates Carpentry Training with Digital Solutions
SWITZERLAND - Technische Fachschule Bern (TF Bern), founded in 1888 in Switzerland, is renowned for blending technical training with real-world production. With 650 trainee spaces, TF Bern offers hands-on experience by creating custom furniture and interior fittings....
People
