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
- Advertisment -spot_img

Most Popular

Recent Comments

Godrej Chemicals Set to Triple Output with Rs 750 Crore Expansion Plan

Godrej Chemicals Set to Triple Output with Rs 750 Crore Expansion Plan

0
Godrej Industries’ chemical arm has unveiled an ambitious investment of over ₹750 crore to significantly bolster its manufacturing capacities and advance its ambition of becoming...
UltraTech Green Mine Becomes First in India to Achieve 7 Star Rating

UltraTech Green Mine Becomes First in India to Achieve 7 Star Rating

0
UltraTech Cement’s Naokari Limestone Mine in Chandrapur, Maharashtra, has made history by becoming the first in India to receive a prestigious 7-star rating for...
Mhada Signs Deal with Adani to Build 1,600 Sq Ft Homes in Goregaon

Mhada Signs Deal with Adani to Build 1,600 Sq Ft Homes in Goregaon

0
Mumbai has initiated one of the country’s largest redevelopment projects, with a pact signed between the Maharashtra Housing and Area Development Authority (Mhada) and...
Mumbai Real Estate Soars $1.8 Billion, Commercial Segment Attracts Foreign Interest

Mumbai Real Estate Soars $1.8 Billion, Commercial Segment Attracts Foreign Interest

0
Mumbai’s real estate sector witnessed a sharp rebound in institutional investments during Q2 2025, with total inflows surging 122% to reach $1.8 billion. According...
Telangana Govt Sanctions ₹22,500 Crore for Indiramma Housing Scheme

Telangana Govt Sanctions Rs22500 Crore for Indiramma Housing Scheme

0
The Telangana Congress government has announced an ambitious housing initiative worth ₹22,500 crore under the Indiramma Housing Scheme, aiming to provide homes for 4.5...