{"id":940,"date":"2021-06-01T19:27:28","date_gmt":"2021-06-01T17:27:28","guid":{"rendered":"http:\/\/matchplat.local\/italian-furniture-challenges-and-opportunities-for-industry\/"},"modified":"2021-06-01T19:27:28","modified_gmt":"2021-06-01T17:27:28","slug":"italian-furniture-challenges-and-opportunities-for-industry","status":"publish","type":"post","link":"https:\/\/www.matchplat.com\/en\/italian-furniture-challenges-and-opportunities-for-industry\/","title":{"rendered":"Italian furniture: challenges and opportunities for the industry"},"content":{"rendered":"<p><\/p>\n<p><strong>Italian furniture<\/strong> is one of the many excellences of our manufacturing industry, which has always been synonymous with quality and originality.<\/p>\n<p>The<strong> supply chain<\/strong> is diversified and populated by many companies: from those specialised in the production of raw materials to its processing, through design and the production of internationally appreciated furniture.<\/p>\n<p>What <strong>opportunities<\/strong> are there for companies to seize? What are the major <strong>challenges<\/strong> to be faced at the moment and beyond?<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-9181 lazyload\" data-src=\"https:\/\/www.matchplat.com\/wp-content\/uploads\/2021\/06\/LEGNO-ARREDO-2.png\" alt=\"Arredamento italiano\/italian furnishing\" width=\"1920\" height=\"1150\" title=\"Matchplat\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1920px; --smush-placeholder-aspect-ratio: 1920\/1150;\"><\/p>\n<h3>Italian furniture: on the road to recovery<\/h3>\n<p>If 2020 was the year of the stop, partially mitigated by last summer&#8217;s reopening, 2021 will be the year of the <strong>relaunch<\/strong>.<\/p>\n<p>With a <a href=\"https:\/\/group.intesasanpaolo.com\/content\/dam\/portalgroup\/repository-documenti\/newsroom\/comunicati-stampa-it\/2021\/02\/ricerca-industria-legno-arredo-in-italia.pdf\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong>positive trade balance<\/strong><\/a> of more than <strong>\u20ac7.6 billion<\/strong> in 2019, Italian wood-furnishing is undoubtedly one of Italy&#8217;s key economic assets.<\/p>\n<p>The <strong>production<\/strong> and <strong>logistical difficulties<\/strong> of the past few months have hit both the domestic and foreign markets, which have always been essential for companies. With an overall drop in turnover of 9.1%, 2020 closed negatively for operators in the sector. But the latest figures reveal a <strong>different scenario<\/strong>.<\/p>\n<p>The current recovery sees Italian furniture as a protagonist, as emerges also from the <a href=\"https:\/\/www.ice.it\/it\/studi-e-rapporti\/rapporto-ice-prometeia\" rel=\"nofollow noopener\" target=\"_blank\">recent report<\/a> dedicated by ICE and Prometeia to our international trade.<\/p>\n<p>Looking beyond national borders will continue to be a fundamental factor for the country system: with the value of exports now equal to<strong> 1\/3 of GDP<\/strong>, our companies are called upon once again to make a difference.<\/p>\n<p>In this sense, the wood-furnishing sector is no exception, and in recent months it has been estimated that <a href=\"https:\/\/www.ingenio-web.it\/30198-legno-arredo-illuminazione-il-report-di-24-ore-ricerche-e-studi-in-collaborazione-con-larea-studi-di-mediobanca\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">production will grow by 5.3% in 2021<\/a>.<\/p>\n<p><strong>E-commerce<\/strong> is certainly a preferential channel for this purpose, with a turnover of <a href=\"https:\/\/blog.osservatori.net\/it_it\/e-commerce-arredamento-prende-forma\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">2.7 billion euros<\/a> for the <strong>home<\/strong> and <strong>living<\/strong> sector in 2020, as shown by the Digital Innovation Observatory of the Milan Polytechnic.<\/p>\n<p>Presiding over both the <strong>digital<\/strong> and <strong>physical<\/strong> dimensions &#8211; with particular regard to foreign countries &#8211; remains a crucial goal for reaching Italian and foreign consumers.<\/p>\n<p>More specifically, which are the <strong>countries<\/strong> to focus on in the coming months?<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-9210 lazyload\" data-src=\"https:\/\/www.matchplat.com\/wp-content\/uploads\/2021\/06\/MicrosoftTeams-image-29.png\" alt=\"Arredamento italiano\/italian furniture 2\" width=\"1920\" height=\"1150\" title=\"Matchplat\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1920px; --smush-placeholder-aspect-ratio: 1920\/1150;\"><\/p>\n<p>This question is once again answered by the ICE-Prometeia analysis, which reveals excellent growth opportunities in both <strong>mature markets<\/strong> and <strong>emerging territories<\/strong>.<\/p>\n<p>Among the first are areas such as the United States, France, Sweden, Canada and <a href=\"https:\/\/www.matchplat.com\/en\/the-evolution-of-italian-exports-to-australia\/\" target=\"_blank\" rel=\"noopener noreferrer\">Australia<\/a>, where a decisive rise in sales of Italian furniture is expected in the two-year period 2020-2022.<\/p>\n<p>Forecasts of <strong>double-digit growth<\/strong> in demand are also a precious opportunity in areas that have not been covered to date, such as South America, with interesting prospects in countries such as <strong>Chile<\/strong> and <strong>Colombia<\/strong>.<\/p>\n<p>The progressive reopening of the sector is also testified by the confirmation of the next edition of the <a href=\"https:\/\/www.salonemilano.it\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong>Salone del Mobile<\/strong><\/a>. The event, scheduled to take place in Milan from 5 to 10 September, is a unique opportunity for companies: a time to give Italian production the right visibility again, focusing on <strong>quality<\/strong> and <strong>innovation<\/strong>.<\/p>\n<p>Two distinctive factors of the sector, ready to return to the forefront also through one of the most representative <strong>international fairs<\/strong> for interior design. In this scenario characterised by positive signs, however, there are also <strong>major challenges<\/strong>.<\/p>\n<p>What are the most pressing ones for companies?<\/p>\n<h3>Sustainability, new products and raw material costs<\/h3>\n<p>The need to rethink current strategies is also pressing for the furniture industry and its supply chain. Product innovation in the direction of ever greater <strong>sustainability<\/strong> is now essential, and Italian companies have long understood this.<\/p>\n<p>Combining <strong>design<\/strong> and <strong>new production methods<\/strong>, many furniture companies are constantly trying to reduce their environmental impact, gaining a competitive advantage and making the <strong>EU&#8217;s ecological transition<\/strong> objectives a reality.<\/p>\n<p>A vision based on sustainable development is therefore beginning to take hold in the supply chain, as a <strong><a href=\"https:\/\/www.symbola.net\/approfondimento\/legno-arredo-green-sostenibilita-gi20\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">report<\/a><\/strong> by the Symbola Foundation and <a href=\"https:\/\/www.federlegnoarredo.it\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">FederlegnoArredo<\/a> shows: attention to recycled and recyclable materials, reduction of energy consumption and the issue of quality certifications are now increasingly in demand, especially in advanced economies.<\/p>\n<p>Added to this is a change in consumer habits, especially in the contract segment: the growing <strong>mix of face-to-face and remote work<\/strong> imposes the need for new solutions, bringing our home closer to the office.<\/p>\n<p>The study and <strong>creation of innovative products<\/strong> is therefore one of the pillars of the new strategies of companies, called upon to seize the transformations of the market.<\/p>\n<p>These important changes are also accompanied by <strong>operational difficulties<\/strong>, first and foremost the increase in the price of wood that has recently affected the supply chain, with repercussions on the building industry.<\/p>\n<p>In fact, the price of <strong>timber for construction<\/strong> has risen by <a href=\"https:\/\/www.repubblica.it\/economia\/rapporti\/osserva-italia\/mercati\/2021\/05\/27\/news\/il_balzo_del_prezzo_del_legno_mette_in_difficolta_l_edilizia-302993777\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">60-70% compared to September 2020<\/a> prices: a leap forward caused by the increase in demand in recent months. Rethinking supply policies becomes a priority in this context, reducing dependence on foreign markets.<\/p>\n<p>Italy is in fact fifth in the world for imports of hardwood sawn timber and seventh for coniferous sawn timber: a situation that could change thanks to the <strong>valorisation<\/strong> of the local forestry heritage, through its planned use.<\/p>\n<p>The industry&#8217;s supply chain has shown itself to be resilient and capable of adapting to recent changes: in order to do even better, it will be necessary to maintain this spirit, without forgetting the <strong>refinement<\/strong> that distinguishes the sector&#8217;s <strong>high-end products<\/strong>.<\/p>\n<p><\/p>\n<p>Do you want to learn more about the benefits of AI for your business?<\/p>\n<p><\/p>\n<p>Request a free pre-analysis!<\/p>\n<p><a href=\"#\" class=\"post-button\">Contact us<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Italian furniture is one of the many excellences of our manufacturing industry, which has always been synonymous with quality and originality. The supply chain is diversified and populated by many companies: from those specialised in the production of raw materials to its processing, through design and the production of internationally appreciated furniture. What opportunities are [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[23,13],"tags":[],"class_list":["post-940","post","type-post","status-publish","format-standard","hentry","category-markets-and-supply-chains","category-portfolio-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts\/940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/comments?post=940"}],"version-history":[{"count":0,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts\/940\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/media?parent=940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/categories?post=940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/tags?post=940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}