Industry welcomes delay and revision of EU deforestation regulation, plans joint trade fair appearances in the U.S., UK, UAE, and China for 2026.
Furniture
Tropical sawnwood value surges 52% to $13 million, while pine plywood value drops 25% to $43 million.
Exports to Switzerland, Italy, and Spain rise as tariff conflicts weigh on U.S. business and boost imports from Asia.
Net profit rises 75% to Euro 1.4 billion as investments reach Euro 4.3 billion in renewables and forestland.
Pine plywood shipments fall 40% in value while tropical sawnwood gains 21%.
Jeld-Wen to cut 11% of North America and Corporate workforce and lowers full-year guidance amid persistent market headwinds.
New 25% duties on Asian parts pressure local makers; imports expected to fall as firms shift sourcing.
Semi-custom segment posts 6.7% drop while cabinet quantity declines by 8.7%.
Only 15% of IKEA products sold in U.S. are sourced locally.
Inwido acquires 85% of the shares in Fast Frame upfront from the owners, with a call/put option to acquire the remaining 15% in early 2028.
Online share rises to 30% while store visits increase by 1.3% across 736 million visits.
Rachael B. Elliott is a seasoned global operations and innovation executive with more than two decades of leadership experience spanning manufacturing, eCommerce, and supply chain management.
The estimated sales for the overall market in August were reported at $1.85 billion.
Heritage Wood Mills investing $925,000 and creating 30 new jobs.
The price for wood furniture increased 1.2%.
Online sales grow to 28% of total IKEA retail revenue in FY24, up from 11% in FY19.
German furniture exports to the US reach Euro 250 million, making it the industry's 10th-largest market.
New store occupies two floors inside 53,000 sq ft SoHo building acquired by Ingka Group.
New tariffs on lumber, furniture, and cabinets take effect October 14, 2025; higher rates for finished goods start January 2026
80% of kitchen furniture producers expect export decline as 50% duty looms.