CSIL’s Top Furniture Companies
The following new publications in CSIL’s Top Furniture Companies series are now available…
The following new publications in CSIL’s Top Furniture Companies series are now available…
The end-of-the-year edition of CSIL’s ‘World Furniture Outlook’ report confirms challenging times for the furniture industry affected by the global geopolitical climate of considerable uncertainty.
CSIL’s preliminary figures for 2024 show a slight increase in world furniture trade, but future prospects are negatively impacted by the protectionist agenda of the new US administration.
Marking a significant milestone of 30 years in global furniture trade and fresh from its strongest ever growth, the Malaysian International Furniture Fair (MIFF) is set to commence with a grand kick-off from March 1 to 4 next year.
Malaysian International Furniture Fair (MIFF) – the largest and most global furniture trade show in Southeast Asia – held a spectacular gala dinner on Dec 8 to celebrate its 30th anniversary ahead of its 2024 show.
This is a commemorative and promotional Profile produced and published by HGR on behalf of the MALAYSIAN INTERNATIONAL FURNITURE FAIR (MIFF ‘24). All content unless specified has been supplied by MIFF.
South Africa’s retail model has changed dramatically in the last 18 months, partially driven by the pandemic and lockdowns, which vastly accelerated the growth of e-commerce and altered buying patterns. This has put pressure on the distribution element of the logistics chain, which has had to adapt to these shifts in demand. Optimising processes lies at the heart of the ability to store, manage and deliver stock at the pace required today, which is where business process outsourcing (BPO) can play a pivotal role.
The world mattress market amounts to around US$30 billion, registering an overall good performance mainly due to sustained demand for mattresses in major markets and an increase of online sales, which have also continued during the lockdown periods. CSIL forecasts for world mattress consumption are positive both in 2021 and 2022, even if with different performances in different areas and countries.
Photo: Nicolet Pienaar, Head Marketing insights GfK.
According to research from GfK, Africa’s technical goods retail sector continues to feel the aftershocks of the looting and rioting in Gauteng and Kwa-Zulu Natal in July.
Nicolet Pienaar, Head of Market Insights at GfK South Africa says: “A month after the looting, the South African technical consumer goods market is still feeling the after-effects. While Kwa-Zulu Natal is seeing encouraging recovery in sales of IT and telecoms products — perhaps due to consumers wanting to keep safe and stay home — we’re seeing countrywide week-on-week declines in fridge, televisions and washing machine sales.
“This is the direct result of the destruction of key manufacturing facilities as well as the ransacking of inventory from warehouses in Kwa-Zulu Natal, compounding existing component and product shortages due to COVID-19. We’re expecting that fridge, televisions and washing machines will continue to feel the pinch for most of the year, as manufacturers work to fully restore their supply chains.”
Powerful and well designed, Miele’s TriFlex HX1 cordless stick vacuum cleaner trumps all others with its innovative 3-in-1 design for maximum versatility and performance.
Miele has been a global leader in vacuum cleaners for decades – setting the standard with regards to reliability, performance, filtration, aesthetics, energy efficiency and sustainability.
Its latest addition to its range is the TriFlex HX1 cordless stick vacuum cleaner, which has been making major inroads since its launch in 2020. Miele’s Jon Molyneaux says that it is easy to understand why this vacuum cleaner is proving to be so popular: “Simply put, Miele’s TriFlex HX1 over-delivers on every front – offering maximum flexibility during use and storage, best-in-market cleaning results, a 20-year lifespan, supreme energy efficiency and streamlined good looks.”
Electrolux, one of the world’s largest home appliance manufacturers, has invested a lot of time and effort in recent years to enhance its electronic systems testing capabilities to optimize the quality of its electronic solutions. At the heart of these efforts is Nicola Tonello, global laboratory methods competence leader, whose experience in electronics, Electromagnetic Compatibility (EMC) analysis and problem solving, quality analysis, root cause analysis, and continuous improvement, has helped Electrolux develop products that are both reliable and user friendly.