HomeBricks & MortarTurkish Furniture Industry Soars to Global Heights

Turkish Furniture Industry Soars to Global Heights

Turkish Furniture Industry Soars to Global Heights

Turkey’s furniture sector is experiencing remarkable growth, cementing its position as a key player in the global market. According to Trade Minister Ömer Bolat, the country’s furniture exports now account for 2 percent of the world’s total, elevating Turkey to seventh place among global furniture exporters.

At the opening of the International Istanbul Furniture Fair (IIFF), Bolat highlighted the sector’s extraordinary success, noting that Turkish furniture exports have surged from $250 million in 2002 to $4.5 billion today – a remarkable eighteenfold increase. This growth is underscored by the country’s increasing focus on quality, innovative design, and aesthetic craftsmanship, positioning Turkish furniture as a competitive force in the global marketplace. The IIFF, organized by the Federation of Furniture Associations (MOSFED), has become a major event on the international furniture calendar. This year, Istanbul’s Expo Center and Tüyap Expo Center have transformed into expansive exhibition hubs, showcasing Turkey’s growing presence in the global furniture trade. With more than 1,000 companies participating, the fair highlights the diversity and sophistication of Turkish furniture products, which range from high-end designs to functional, mass-market options.

In addition to its success in furniture exports, Turkey’s broader wood, forest, and paper products sector also contributes to its robust performance in the global market. Bolat noted that when these products are included, the total export volume for the sector reaches an impressive $8 billion annually. Looking ahead, the Turkish government aims to build on this momentum, setting a target of $12 billion in exports. The government’s support for the industry is evident, with Bolat revealing that the Trade Ministry provided 87.5 million Turkish Liras in booth support for last year’s fair, and this year will contribute subsidies covering 50% of participation costs for over 1,000 companies. This growth trajectory reflects Turkey’s broader strategy of transforming its manufacturing sectors into global leaders, driven by a commitment to innovation, quality, and design excellence.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Mumbai’s NMDC Dredging Joins Tata Steel To Revive Stalled Subarnarekha Port Project

Mumbai’s NMDC Dredging Joins Tata Steel To Revive Stalled Subarnarekha Port Project

0
A key turn in India’s port development landscape could be unfolding as NMDC Dredging & Marine (NDM) considers acquiring equity in Subarnarekha Port...
Mumbai SRA Launches Technology Reforms To Accelerate Slum Redevelopment

Mumbai SRA Launches Technology Reforms To Accelerate Slum Redevelopment

0
Slum Rehabilitation Authority (SRA) has unveiled a comprehensive technology-driven reform plan designed to fast-track housing approvals, improve transparency, and strengthen accountability in one of...
Bokaro Steel Plant Develops India’s First Agriculture Grade Manganese Boron Steel Innovation

Bokaro Steel Plant Develops India’s First Agriculture Grade Manganese Boron Steel Innovation

0
In a major step towards industrial self-reliance and sustainable rural development, Bokaro Steel Plant (BSL), a unit of Steel Authority of India Limited (SAIL),...
Bristol Unveils UK’s Largest Excavated Waste Recycling Plant Promoting Circular Construction

Bristol Unveils UK’s Largest Excavated Waste Recycling Plant Promoting Circular Construction

0
Bristol has taken a decisive step towards a circular economy with the launch of the United Kingdom’s largest excavated waste recycling wash plant. The...
NGT orders asbestos phase out, mandates safety norms for schools nationwide

NGT orders asbestos phase out, mandates safety norms for schools nationwide

0
The National Green Tribunal (NGT) has declined to impose a nationwide ban on asbestos roofing sheets but has directed the Centre to prepare a...