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After the euphoria of Covid, the furniture sector slows down

2024-01-22T18:19:10.406Z

Highlights: After the euphoria of Covid, the furniture sector slows down. 2023 is a landing year in a tense economic context for everyone. The French did not hesitate to redo their interiors, generating, for furniture brands, growth of around 14% in 2021 compared to 2020. We are not in a systemic crisis, unlike the clothing sector. But this market is resilient because we remain… This article is reserved for subscribers. You have 79% left to discover. Do you want to read more? Unlock all items immediately.


DECRYPTION – Home improvement stores are suffering the consequences of inflation.


Pronounced at the end of December, the liquidation of Habitat did not leave anyone indifferent.

At its peak in the 1990s, the design brand furnished and decorated the interiors of many French households.

A few weeks earlier, Conran Shop, another icon of British decoration whose only French store was located in Paris, closed its doors after years of activity.

These closures constitute extreme cases.

However, the home improvement sector has experienced a significant slowdown in activity in recent months, after having achieved record sales during the pandemic.

Sealed in their homes, the French did not hesitate to redo their interiors, generating, for furniture brands, growth of around 14% in 2021 compared to 2020.

We are not in a systemic crisis, unlike the clothing sector.

2023 is a landing year in a tense economic context for everyone

Jean-Charles Vogley, general director of Cnef

A hardly sustainable pace.

“In 2023, we expect a slowdown in activity in the furniture sector, with a drop of around 3% in value and 7% in volume.

But this market is resilient because we remain…

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Source: lefigaro

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