Daily updates on the state of the timber markets, delivered straight to your inbox.

April 23, 2020

Pandemic to hit harder the EU furniture industry than the last financial crisis

It is far too early to assess the full impact of COVID-19 on EU furniture imports this year, but early signs are that the downturn will be at least as great as during the financial crises of 2008-2009.  With its trade fairs cancelled, showrooms shuttered and deliveries of larger items largely curtailed due to social distancing, the furniture industry in Europe has been particularly badly hit by current restrictions on trade and travel. Brands that were already in a perilous position, such as Lombok and Laura Ashley in the UK, have started to collapse.   ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Billing Method
Billing Address
Checkout Now

Newsletter

Daily updates on the state of the timber markets, delivered straight to your inbox.