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German Furniture Weakness in the Euro Area Remain Strong

In Europe, it can be clearly felt that the general feeling of insecurity. Part of the southern European country's debt crisis has left its mark in the economy as a whole was significantly affected by the degree of economic boom. 4 June 2012, for example, the euro zone's economic growth rate in the first quarter, down 0.2%. Only Germany, Austria and the Netherlands is the economic growth, and the euro-zone other countries either stagnating or significantly.

The economic boom degree of development trend nature also affected furniture sales. In those government austerity measures to suppress the personal consumption of the country, the willingness of people to spend money is declining.

Germany's furniture industry feels these effects only to a small extent. In the majority of the German domestic consumer market, the construction industry continues to boom, while the labor market is stable, so the development of the furniture market in Germany continue to maintain a very stable trend. Business growth in Asia, Eastern Europe and other markets is to make up the euro zone market losses. In technology, design and quality of German furniture like German cars and machinery products occupy a leading position in the global market. Future, "Made in Germany" on behalf of the high-performance, high efficiency will remain in the global market has a strong competitive In addition, it should not be forgotten that the German manufacturers supply reliability can always provide customers with security planning .

We can see that the global furniture industry trade volume more than doubled in the past decade. The impression of an era engraved in the next year, 2013 Cologne International Furniture Fair and the international kitchen show. As early as a few months ago, all the booths had booked empty, never so many international exhibitors to launch new products in Cologne. Traders ingredients increasingly international, and in the audience, we expect the proportion of the international audience will continue to climb.

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