In Cologne the organisers of the annual international furniture exhibition believe there are tangible signs their industry is on the up again.
And the sector is looking further to the future having set a target of 2012 as the date for sales to return to similar numbers as before the economic downturn. Germany’s sales held firm with a turnover of 29.1 billion euros in the last 12 months.
“In economically weak times people, indeed think more on their own four walls. You think less about holidays. If you do go somewhere then its for less time. The budget for furnishings and accessories rises in difficult times,” explained Dirk-Uwe Klaas,
Head of the German furniture industry.
It’s hoped some of the innovative designs will appeal to the retailers and public alike. Over a thousand exhibitors are at this show from 51 countries. The European furniture sector comprises around 150,000 companies generating a turnover of almost 126billion euro. The hopes are this international exhibition will help to stimulate a growing interest from potential buyers.