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The furniture industry in Singapore may not appear significant in the international context, and in the region it is surpassed by several countries like Indonesia, Vietnam and Malaysia. Yet Singaporean firms play an important role as investors in those countries, which proved central to the...
Persistent link: https://www.econbiz.de/10004972360
According to the Taiwan Furniture Manufacturer's Association (TFMA) over the past twenty years at least 500 companies have shifted production to other countries. Moreover, it is estimated that roughly 1/3 of China, Vietnam, and Philippine furniture exports result from Taiwan investment. The...
Persistent link: https://www.econbiz.de/10004972372
Israel displays a high developed furniture industry, with western standards as regards technology and management. Moreover, furniture production and consumption have steady increased in the last years on the wake of the general economic growth. This report offers a comprehensive picture of the...
Persistent link: https://www.econbiz.de/10004972381
Kuwait, Saudi Arabia and the United Arab Emirates are definitely net furniture importers. Their economies can rely on huge oil and gas reserves and feature fast growing construction sectors, with great prospects of profits for furniture exporters, both in the low and high end markets. This...
Persistent link: https://www.econbiz.de/10004972390
The US furniture market is facing a challenging period, with the mounting financial crisis and falling home sales. Moreover, growing unemployment is putting additional strain on consumer confidence. As such, a contraction of furniture demand is expected for 2008 and 2009. However, the USA...
Persistent link: https://www.econbiz.de/10004972457