Wood Furniture

IKEA to acquire forestland in East Texas, doubles US forestlands

IKEA has acquired 42,000 acres of forestland in East Texas to source wood for its furniture.    [...]

IKEA to close a sawmill in Poland

    IKEA Industry will close its sawmill in Chociwel in northwestern Poland.    According [...]

Estonia: Forest products industry faces downturn as global economy slows and calamities advance in Central Europe

Timber prices in Estonia have started to rapidly falling, from their spring-time high.    The situation [...]

U.S. furniture imports slow as shipments from China crash

    U.S. furniture imports fell in the first half, a result of a double-digit drop [...]

Vietnam’s wood products industry: opportunities and challenges coexist

    As one of the major trade surplus areas in Vietnam, timber, wood products and forest products [...]

UK extends timber legality requirements after Brexit

    UK tropical and other timber importers were urged to evaluate the impacts for their businesses of [...]

U.S. hardwood industry expected to disintegrate from trade war with China

A possible trade deal with China announced this month might not be broad enough to save U.S. hardwood timber [...]

Forecast: Global wooden furniture market expected to grow 32% by 2025

    The size of the global wooden furniture market is expected to grow from $395 billion in [...]

Indonesian timber industry seeks to take advantage of the US-China trade war

The Indonesian government is mulling over banking on its timber and furniture industry to seize the momentum amid the ongoing [...]

Vietnam’s wood industry struggles to prevent trade fraud as Chinese move business in the country

    According to a market research on wood processing market of Vietnam by Forest Trend, in the [...]