Szymon Niedziela and Eryk Stefanowicz visited the Furniture Contract and Furnitech at Ptak Warsaw Expo this week and wish to impart market insights from this sector. - Poland ranks as the third-largest furniture exporter globally, holding a 5.4% market share, following China and Germany. - The sector experienced a 10% expansion in 2022, as per the PKO BP Report, attributed to the influence of COVID-19. This surge was propelled by a surge in investments in home furnishings, particularly office furniture. - The anticipated growth in the coming years is approximately 6% as per Statista. 💡Noteworthy is the dominance of Millennials in vital market sectors, as they invest in home furnishings and emerge as discerning consumers in online and offline shopping domains. To meet market demands, the furniture sector should focus on: ✅ Exceptional product presentation using VR, AR, and 3D technologies ✅ Customisation of products with easy configuration as a part of customer journey ✅ Optimize the product's look and feel to leverage a blend of online and offline sales channels. 💡 We conducted an analysis of the UK online furniture market using Magento and Hyvä . Feel free to download the report on e-commerce platform performance within this sector. Download the UK Furniture Industry Performance Report ⇨ https://lnkd.in/ehaSNRKH
Dear network! The first day of inaugural edition of Furniture Contract and Furnitech at Ptak Warsaw Expo is behind us! Szymon and I had the pleasure of participating in an event dedicated to the furniture industry, which brought together not only furniture manufacturers but also distributors and global logistics, as well as the IT sphere supporting organizational infrastructure technically. 🔥 Together with Panda Group, we broadened our horizons, met some very interesting folks, and most importantly, we acquired a wealth of valuable experiences and information, which reaffirmed the quality of our services and gave us food for thought regarding future development. 💪 Special thanks goes to: Dominik Dziedzic, Kamil Bienek, Katarzyna Pawłowska, Paulina Kurek, Jakub Kołakowski. 😎 #FurnitureContract #Furnitech #ptakwarsawexpo #ecommerce