Italy Furniture Market Growing Technology Trends and Business Opportunities by 2025-Natuzzi, Gruppo Molteni, Poltrona Frau, Poltronesofa, Scavolini

Italy Furniture Market by Component, Application, Services, and Region- Forecast to 2025

The Global Italy Furniture Market Research Report 2021-2025 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Italy Furniture business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Italy Furniture worth chain and its wholesaler examination. Italy Furniture Market study gives extensive information which upgrades the agreement, degree, and use of this report.

E-commerce Sales in the Furniture Industry is Growing in the Country. Italy is the 13th largest market for E-commerce, and with the market witnessed a growth of nearly 15% in 2019 with the Italian eCommerce market contributing to the worldwide growth rate

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Top Leading Companies of Italy Furniture Market are Natuzzi, Gruppo Molteni, Poltrona Frau, Poltronesofa, Scavolini, Lube, B&B Italia, Veneta Cucine, Poliform, Giessegi, Snaidero, Arredo 3, Club House Italia, Calligaris and others.

Industry News And Updates on Italy Furniture Market-

Rising Exports of Italian Furniture Products

Some of the best opportunities for the Italian furniture industry come from exports, which currently account for nearly 58% of the total production. The top two markets for Italian exports are France and Germany. Some of the other prominent export regions of Italian furniture products include the Asia-Pacific region, which is currently witnessing an increased demand for furniture consumption, followed by the United States, Italy, and Canada

Key Market Trends Italy Furniture Market-

E-commerce Sales in the Furniture Industry is Growing in the Country

Italy is the 13th largest market for E-commerce, and with the market witnessed a growth of nearly 15% in 2019 with the Italian eCommerce market contributing to the worldwide growth rate of 13% in 2019.

The role of the internet became more and more important, giving the consumer the opportunity to buy at lower prices and have a wider range of options to choose from. Furniture is slowly becoming a leading sector of Italian e-commerce.

The value of e-commerce for furniture and appliances accounted for nearly 2.1 USD Billion in 2019 and is expected to grow further in the upcoming years. Some of the leading e-commerce home furniture websites in Italy include Ikea.com, manomano.it, leroymerlin.it, and mondoconv.it.

Competitive Landscape On Italy Furniture Market-

The Italian furniture industry is characterized by a strong fragmentation and concentration of production units in certain territorial areas. Some of the major players in the country include Natuzzi, Molteni, Scavolini, Lube, and Poltrona Frau. The domestic players are witnessing increased competition from international players and are moving toward innovation in products through mergers and acquisitions and new product launches.

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