In 2017, exports of furniture from Italy reached a value of 9.25 billion euros. According to the data, the exports of the sector have increased steadily since 2011, when they amounted to 7.75 billion euros. Moreover, a forecast provided by the source suggesteds that the exports of furniture from Italy will reach a value of over 10 billion euros in 2020.
Furniture manufacturing in Italy
Exports have been driving the Italian furniture manufacturing sector, which was struggling after the 2008 economic crisis. In fact, after decreasing steadily from 26 billion euros in 2008 to 19.5 billion euros in 2012, the turnover of the furniture sector in Italy has been growing again in the following years, reaching a value of 20.8 billion euros as of 2015. The effects of the aforementioned crisis are pretty evident when looking at the companies active in the furniture manufacturing sector in Italy. The number of companies in the sector decreased from 23.8 thousand in 2011 to 18.1 thousand in 2015.
Milan’s Design Week
The Salone del Mobile.Milano, also known as Design Week, is an international furniture fair held annually in Milan and probably the largest of its kind. Attended annually by an increasing number of visitors, Salone del Mobile.Milano is considered a leading venue to exhibit new designs of furniture, lighting and other home furnishings. The importance of the fair is also demonstrated by the number of foreign operators visiting Milan during the Design Week, which reached over 260 thousand in 2016.
Export value of the Italian furniture industry between 2010 and 2017 with a forecast until 2020
(in million euros)
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Statista. (January 5, 2018). Export value of the Italian furniture industry between 2010 and 2017 with a forecast until 2020 (in million euros) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/794701/export-value-of-the-italian-furniture-industry/
Statista. "Export value of the Italian furniture industry between 2010 and 2017 with a forecast until 2020 (in million euros)." Chart. January 5, 2018. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/794701/export-value-of-the-italian-furniture-industry/
Statista. (2018). Export value of the Italian furniture industry between 2010 and 2017 with a forecast until 2020 (in million euros). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/794701/export-value-of-the-italian-furniture-industry/
Statista. "Export Value of The Italian Furniture Industry between 2010 and 2017 with a Forecast until 2020 (in Million Euros)." Statista, Statista Inc., 5 Jan 2018, https://www.statista.com/statistics/794701/export-value-of-the-italian-furniture-industry/
Statista, Export value of the Italian furniture industry between 2010 and 2017 with a forecast until 2020 (in million euros) Statista, https://www.statista.com/statistics/794701/export-value-of-the-italian-furniture-industry/ (last visited November 23, 2024)
Export value of the Italian furniture industry between 2010 and 2017 with a forecast until 2020 (in million euros) [Graph], Statista, January 5, 2018. [Online]. Available: https://www.statista.com/statistics/794701/export-value-of-the-italian-furniture-industry/