IFG news 2017 by Interiors from Greece

Page 30

- greek furniture goes abroad -

Fruitful investments

The truth is in the numbers

The export policy is closely tied to the high end industrial design. It is the element that ensures originality and aesthetic identity of the final product. Years of experience in the furniture business and profitable interaction with major foreign companies have made clear to Greek manufacturers that the exports get really successful only when they invest in the design sector. That is why Greek companies cooperate with talented and award-winning Greek designers - Sotiris Lazou, Andreas Varotsos, Yiannis Georgaras, Constantinos Hoursoglou – and also with studios from all over the world (Jacopo Giagnoni, Profilo Design, Gian Paolo Venier etc.). At the same time, particular emphasis is given on all communication tools - focusing on strong branding - which ensure the validity and uniqueness of Greek furniture in international markets.

Greek furniture industry is one of the most significant sectors of the country while it consists of a large number of mainly, small companies of great know-how and long experience. Nevertheless, over the past decade some important investments have been carried out which led to the upgrade of production facilities, machinery improvement as well as the introduction of contemporary methods concerning the overall management. The above mentioned can ensure for high quality and delivery time while at the same time they can set the grounds for the companies that choose to apply a long-term export strategy plan. According to the research and the analysis of the Institute CSIL MILANO (03/2016, Furniture Export Marketing Forum, Thessaloniki, Greece), production / export ratio of Greek furniture manufacturers during 2009 was at 4% while in 2015 climbed to14%. These data,

30

combined with secondary research of Interiors from Greece platform, estimate that the above rate will be doubling by the end of 2017. It is worth noting that the majority of export furniture manufacturers – a network that is continuously increasing - distribute their products in over 30 countries, while their turnover in 2016 is significantly boosted, in comparison with 2015. In addition, there are cases where production / export ratio, during 2016, is recorded at around 55% - 75%. The future, therefore, can be considered only as an ally.


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.