In 2023, the made in Italy furniture industry reached a turnover of 25.8 billion euros, maintaining a prominent position in the national manufacturing landscape. We are talking about an important indicator of the economic situation of our country, which can count on an evergreen sector, net of some small (but natural) declines. So let’s analyze the data relating to this sector, with an important mention of the sustainability factor.
Made in Italy furniture industry: 2023 data
According to data provided by a report by Intesa San Paolo, the sector in question has about 15,000 companies employing over 128,000 workers. In addition, it represents 3.3% of the total manufacturing in Italy. Despite a small contraction of 3% compared to the record results of 2022, the industry continues to prove capable of reacting to any circumstance, putting in place a remarkable resilience and trend towards innovation.
As far as exports are concerned, France is confirmed as the main outlet market with a growth of 2.3%. Similarly, Spain shows an increase of 3.8%, indicating a growing demand for made in Italy products in the furniture sector. On the contrary, exports to Germany recorded a decline of 5.2%, which rises to 10.4% if we talk about the United States. As anticipated, these are normal fluctuations linked to the performance of international markets.
Forecasts for 2024 indicate a greater propensity to export, with the aim of approaching a turnover of 13 billion euros by 2026. This strategy aims to ensure a positive trade balance that is expected to reach €10 billion in the same year. The future, therefore, according to the forecasts of experts, appears very positive. In addition, a further boost for the furniture industry should be noted, which could come from the increase in average income in Italy and consumer preferences, increasingly oriented towards real quality products.
Commitment to environmental sustainability
Another element that consumers like is environmental sustainability. It is no coincidence that many furniture companies are focusing decisively on this factor, not only to please their customers, but also to make a contribution to the planet. This is the case of Garofoli, also considering that on the official website there is https://www.garofoli.com/it/ a large section dedicated to sustainability. From the choice of materials to the management of waste and emissions, Made in Italy companies are demonstrating that they know how to combine tradition and innovation also from the point of view of environmental responsibility.
The eco-friendly approach – as mentioned – is not a simple response to market demands, but represents an added value that can differentiate brands in an extremely competitive landscape. Many Italian manufacturers are adopting sustainable production practices, using recycled materials and processes with low environmental impact. This constant attention to sustainability is in line with global trends and, consequently, helps to further improve the image of Made in Italy in the world.
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