Espritmeuble: showcase for a market in full recovery
published on: 29 novembre 2016
Since it made its début in 2012 ESPRITMEUBLE has become one of the major meetings for the furniture sector, making it possible to enhance company images, facilitate business between the various players in the sector, and display their performance and dynamism in a constantly changing market that is open to international trade. 2016 was a turning point for the sector with a 4.8%* increase in furniture sales in France in the first half of the year1. The 5th staging of the Trade Fair, which will take place from 3 to 6 December 2016, falls within this environment.
French manufacture, jewel of the economyFrench furniture is a dynamic sector, representing 14.1 billion Euros in a 342-billion Euro worldwide market2, with strong annual growth. Although SMEs and mid-sized companies represent 3% of companies they make up more than 85% of salaried jobs and production turnover.3 In total, the market presents nearly 130,000 jobs, 52,000 of which are direct jobs and more than 77,000 are indirect jobs. The some 11,961 French industrial companies, spread throughout the entire territory, are part of an approach of innovation and enhancement of their expertise to provide better competitiveness. Often, if the circuit is short, production sites are therefore able to meet the demands of customisation and adapt their manufacturing procedures.
The recovery in furniture sales in the first half of 2016 benefits French industries, the production of which reached 5.2% cumulatively at the end of May (excluding beds and export). Over this period, kitchens, beds and upholstery (sofas and chairs) showed the strongest development.
Export, a growth engine
Companies in mainland France show a strong potential for development abroad. In 2014, exports represented €1.85 billion throughout the world. Today the main outlets for French companies are in Europe, where more than 70% of their exports are realised, borne by Germany (17%), Belgium/Luxembourg (10%) and Spain (8%)4. Beyond the European borders the United States (7%) and China (3%) are two major areas for the furniture market. China is the world’s leading consumer country with a market worth €122 billion, followed by the United States where consumption reaches €54 billion. The emerging countries, which have become indispensable with growth of 7% a year since 2005, are moving the furniture market to a higher level.