Turkish furniture sector still investing amid Covid-19 pandemic

This year the sector could grow 5% due to investments in online sales channels and resuming furniture exports in the normalization period after the pandemic's peak, the head of the Furniture Industry Businessmen's Association told Anadolu Agency.

While the sector normally posts 10%-15% growth every year, customers postponed their furniture needs due to the pandemic and the market has narrowed

COVID-19, which originated in Wuhan, China last December, has spread to at least 188 countries and regions and affected business activity globally, prompting travel restrictions and lockdowns.

In the normalization process, exports resumed rapidly and the domestic market revived due to weddings and low-interest rate loans

There have been no interruptions in investment plans in the sector due to the pandemic and some firms even opened new branches, he highlighted.

During that period, the sector tried to strengthen its network and held business gatherings online, he recalled.

"In the new era, Turkey can fill China's gap in international furniture markets. Turkey is the 13th country on a global scale, but it is targeting to become the fifth in 2023 in furniture sales."