The Romanian furniture market – estimated at over EUR 750 million – has resumed growth for a couple of years now and there are encouraging signs that the trend will maintain in 2016 as well, say industry representatives. As in the years before, the pick-up of construction works on the residential and office segments is the main engine behind this evolution, with an additional boost coming from increased consumer confidence.
The overall positive evolution of the furniture market in 2015 made many local players feel like this was the year when they could finally ‘breathe’, Alexandru Rizea, the general director of local furniture manufacturer Lemet, told BR. The pick-up of the residential and office markets was and will continue to be an important growth engine for the local furniture market after years of decline in the aftermath of the real estate crash.
…The average purchase value in Lemet’s stores has also been increasing on a yearly basis as the manufacturer has been upgrading its product lines from economy to premium. “The furniture that is now being sold in the LEMS stores and which is being manufactured in our factory in Brebu covers all these segments and options,” said Rizea adding that the average purchase value for furnishing a kitchen its customers make is about EUR 1,250.