Statistics now telling the story of the sharp downturn in the furniture industry too

Cooler demand compounded by excessive stocks of finished goods

A slump in demand for furniture since the second quarter of 2022 in some cases and worsening capacity utilisation as a result are increasingly putting the dampers on the German furniture industry’s performance. According to the internal surveys conducted by the Verband der Deutschen Küchenmöbelindustrie (VdDK), Verb...

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