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December 15, 2023

Italian wood-furniture sector anticipates export-driven recovery in 2024

The Italian wood-furniture industry, is poised for a rebound in 2024, with a focus on export growth. Despite facing challenges in the third quarter of 2023, as reported by the Italian Federation of Woodworking and Furniture industries (FederlegnoArredo) monitoring system, the sector is showing signs of resilience and adaptability in the face of global uncertainties. Challenging trends in 2023 President Claudio Feltrin of FederlegnoArredo acknowledges the anticipated setbacks in the third quarter of 2023 for the Italian wood-furniture supply chain. According to the Monitor by Federlegno, the sector experienced a 7.8% decline from January to ...

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