According to the latest Italian news: The Centre for Industrial Studies (CSIL) in Milan, Italy, recently released the 2011 World Furniture Outlook research report. The report predicts the slowest growth in furniture consumption in Western Europe in 2011.
The report estimates that the actual increase in demand for furniture in more than 70 countries around the world will reach 3.3% in 2011.
The report is based on data from more than 70 countries. The report found that Britain was the fourth largest importer of furniture in the world in 2010, after the United States, Germany and France. The countries with the largest export volume of furniture are China, Italy, Germany and Poland.
According to the report released by CSIL, the US furniture industry will face a slow growth in 2011. In 2010, apart from the price increase factor, the total US furniture consumption increased by about 1%. It is expected that this situation will be re-enacted in 2011 and will still increase by 1%.
In addition, the report also found that since the world furniture trade total fell sharply in 2009, it has been growing steadily. The total world furniture trade in 2011 is expected to rise from $102 billion in 2010 to $107 billion.
According to CSIL statistics, in 2010, the world's GDP grew by an average of 4.8%, and is expected to increase by 4.2% in 2011. The gross domestic product of developed countries is hovering at 2.7%, and the increase in 2011 is expected to be 2.2%. The driving force for the development of the world economy is actually the emerging economies and developing countries. Their GDP grew by an average of 7.1% in 2010 and is expected to increase by 6.4% in 2011.
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Cushions included with 30 density sofa foam
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