The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Monday, 1 February 2016

Furniture market in Romania: Manufacturing, Imports, Retail

The furniture sector has a share of 1.48% in the GDP in 2014 in Romania.

According to FRD Center, the furniture manufacturing in Romania has a long tradition. The strong points of the Romanian furniture producers are:
o       availability of resources
o       low labour costs
o       high level of technical qualifications

The production of furniture and furniture parts in Romania has recorded 2,227.5 million EUR in 2014, up by 10% compared to the previous year. The main ranges of furniture manufactured on the domestic market are: living room furniture, bedroom furniture, kitchen furniture, upholstered furniture, mattresses, sofas, small furniture, chairs, tables, bookcases, office furniture.

Mobexpert Group is the leader of the furniture market in Romania. It includes nine furniture plants and a network of ten hypermarkets and 20 stores located all over Romania

The imports of furniture and furniture parts in Romania have recorded 440.6 million EUR in 2014, up by 12.2% compared to 2013.

The sales of furniture and furniture on the domestic market have recorded 783.5 million EUR in 2014, which according to the FRD Center analysis represents a growth of 5.8% compared to 2013.

Ikea is a main furniture retailer in Romania. In the period September 2014 - August 2015, the Ikea store in Romania has recorded sales of 424,479,000 RON (without VAT), up by 12.37% compared to September 2013 - August 2014. The Ikea store has sold 14,167,573 products (out of which the furniture has represented 58%) and has been visited by 3,248,974 persons during September 2014 – August 2015.

According to the FRD Center research and analysis, some of the most important producers and exporters of furniture in Romania are:
  • Aramis Invest
  • Mobexpert Group
  • Taparo
  • Italsofa Romania
  • PGS Sofa & Co
  • Ecolor
  • Cotta International
  • Sortilemn
  • ADA Fabrica de Mobila
  • Plimob
In 2014, they have registered a cumulated net turnover of over 660 million EUR and approximately 13,000 employees.


Opportunities: MATERIALS, COMPONENTS, ACCESSORIES, BRANDS, TECHNOLOGY, EQUIPMENT, FACILITIES, KNOW-HOW, QUALITY CONTROL, STORAGE, RETAIL

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

This is our latest TRADE AND INVESTMENT OPPORTUNITIES IN ROMANIA 2015 – 2016 document. Here are some specific sector opportunities for your consultation:

http://www.frdcenter.ro/assets/Market-and-Investment-Opportunities-Romania-2015-2016-FRD-Center.pdf

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61


FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

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