We provide export consultancy, institutionalization and brand consultancy as well as incentive consultancy for our solution partners in the furniture, paper and forest products industry for years.
Trends have always had an impact on the furniture manufacturing sector; they come and go and evolve through time in ways that are not always predictable, even with the greatest analytics. Customers, employees, technology, and the market as a whole have all transformed through the times. Such a shift in the status quo practically needs the emergence of fresh fashion trends. As these fast-paced changes bring out challenges for companies, finding the best solutions to possible issues, coming up with creative ideas and drawing out a good financial plan gets substantially harder.
The wood products market consists of sales of wood products by organizations (including but not limited to independent traders and partnerships) that produce wood-derived products. The Asia-pacific region continues to constitute the world's largest market ahead of North America.
AS IT HAS GAINED IMPORTANCE IN TURKEY, THE FURNITURE, PAPER AND FOREST PRODUCTS SECTOR IS EXPECTED TO EXCEED 1 TRILLION USD IN 2027, BASED ON THE EXPECTATIONS OF EXPERTS ON A GLOBAL SCALE.
In the forest products sector, which is at the top of the list of sectors that lost power as a result of the pandemic, governments both increase the demand with the incentives they offer and try to keep the supply at a certain level with the support they provide to producers.
More furniture manufacturing companies are switching to using internet-based channels for sales as a result of shifting customer preferences and purchasing habits. Online retailing will be the main choice as the buying channel for millennials - nearly half (47%) buy furniture online compared to 40% of Gen X. In order to satisfy their consumers' expectations and to spread out the risk associated with sales, furniture companies will continue to engage in e-commerce solutions. The CGI and AR (augmented reality) technologies will improve the online buying experience even more. Digital transformation will also be essential for success for the supply chain. Brands, retailers, and manufacturers must continue to be adaptive in order to meet the changing demand. Furniture makers will be able to completely optimize their production and shorten time to market by utilizing automation, AI, and IoT. As the industry develops along the digital era, it shows great growth graphics. Today the annual revenue of the worldwide furniture manufacturing sector is close to $400 billion.
Through difficulties and challenges, the market will keep evolving as new technologies are developed in the coming years. Companies should position themselves for success through change by using these solutions and an adaptable mindset.
We continue to extend professional support to our solution partners in the field of export, with the incentives companies receive for their investments, our experience in R&D processes at the point of creating new products and product groups, and our b2b network all over the world.
WE ARE EXCITED TO APPLY THE EXPERIENCE WE GAINED IN BOTH TURKISH AND GLOBAL COMPANIES, SO WE HAVE SEEN HOW WELL OUR METHODOLOGY IS IMPLEMENTED IN MANY DIFFERENT MARKETS.
We provide export consultancy, institutionalization and brand consultancy as well as incentive consultancy for our solution partners in the furniture, paper and forest products industry for years.
Trends have always had an impact on the furniture manufacturing sector; they come and go and evolve through time in ways that are not always predictable, even with the greatest analytics. Customers, employees, technology, and the market as a whole have all transformed through the times. Such a shift in the status quo practically needs the emergence of fresh fashion trends. As these fast-paced changes bring out challenges for companies, finding the best solutions to possible issues, coming up with creative ideas and drawing out a good financial plan gets substantially harder.
The wood products market consists of sales of wood products by organizations (including but not limited to independent traders and partnerships) that produce wood-derived products. The Asia-pacific region continues to constitute the world's largest market ahead of North America.
AS IT HAS GAINED IMPORTANCE IN TURKEY, THE FURNITURE, PAPER AND FOREST PRODUCTS SECTOR IS EXPECTED TO EXCEED 1 TRILLION USD IN 2027, BASED ON THE EXPECTATIONS OF EXPERTS ON A GLOBAL SCALE.
In the forest products sector, which is at the top of the list of sectors that lost power as a result of the pandemic, governments both increase the demand with the incentives they offer and try to keep the supply at a certain level with the support they provide to producers.
More furniture manufacturing companies are switching to using internet-based channels for sales as a result of shifting customer preferences and purchasing habits. Online retailing will be the main choice as the buying channel for millennials - nearly half (47%) buy furniture online compared to 40% of Gen X. In order to satisfy their consumers' expectations and to spread out the risk associated with sales, furniture companies will continue to engage in e-commerce solutions. The CGI and AR (augmented reality) technologies will improve the online buying experience even more. Digital transformation will also be essential for success for the supply chain. Brands, retailers, and manufacturers must continue to be adaptive in order to meet the changing demand. Furniture makers will be able to completely optimize their production and shorten time to market by utilizing automation, AI, and IoT. As the industry develops along the digital era, it shows great growth graphics. Today the annual revenue of the worldwide furniture manufacturing sector is close to $400 billion.
Through difficulties and challenges, the market will keep evolving as new technologies are developed in the coming years. Companies should position themselves for success through change by using these solutions and an adaptable mindset.
We continue to extend professional support to our solution partners in the field of export, with the incentives companies receive for their investments, our experience in R&D processes at the point of creating new products and product groups, and our b2b network all over the world.
WE ARE EXCITED TO APPLY THE EXPERIENCE WE GAINED IN BOTH TURKISH AND GLOBAL COMPANIES, SO WE HAVE SEEN HOW WELL OUR METHODOLOGY IS IMPLEMENTED IN MANY DIFFERENT MARKETS.