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By 2011 the Romanian Furniture Market is Set to Reach EUR 1.1 Billion.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c51408) has announced the addition of Furniture Market, Romania, 2002 - 2011 to their offering.

Furniture market in Romania is on the way to explode (1) To break down an assembly into its component pieces. Contrast with implode.

(2) To decompress data back to its original form.
. Between 2002 and 2006, furniture market registered a "two-digit" growth, and the forecast for 2011 show the same accelerate evolution reaching EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 1.1 billion in retail.

In Romania the mid-range furniture is dominant, but in the near future the market will polarise Verb 1. polarise - cause to vibrate in a definite pattern; "polarize light waves"
polarize

natural philosophy, physics - the science of matter and energy and their interactions; "his favorite subject was physics"
 into lower quality/price and higher quality/price sectors. This fact still offers good opportunities for many players. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 estimates, over the period 2002 - 2006, premium furniture (high end price) registered the highest growth rate due to increasing purchasing power Purchasing Power

1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase.

2.
 and a greater offer originated from import.

The retailing of household medium furniture (middle price) became more contracted around top 5 players which increased their share from 52.5% in 2004 to 63.6% in 2006. This is the result of increasing investments in retail chains of Mobexpert, Elvila and Staer. Romanian furniture manufacturers cover about 55% of domestic sales and imports about 45% of sales.

The year 2007 will bring the multinational on domestic market, which will increase competition. Thus, in March 2007, the first Ikea will be opened with an investment of EUR 25 million on 26,000 sq.m. This will influence local manfucaturers and the trend of "ready-to-assemble" furniture will emphasise.

Furniture market in Romania witness significant change and offer great opportunities. The differences between Romania and EU countries are huge. For household furniture, Romanians spent 10 times lower than average of EU 25.

Purposes of analysis:

- To know the market size: structure, evolution;

- Identify the players and understand the competitive environment;

- Market trends and performances;

- Strategic elements: influence factors, market drivers, opportunities to growth, barriers;

- Useful instrument in decision making.

Topics Covered

1. Executive Summary

2. Market segmentation Market Segmentation

A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will respond similarly to a marketing action.
 and definition

3. Geographic concentration of industry

4. Market structure

4.1. Raw material

4.2. Value chains in furniture industry

4.3. Market structure diagram (programming, data) structure diagram - A pictorial representation of the composition, grouping and relationship of data items.  

4.4. Key competitors

5. Analysis of target markets

5.1. Dwelling dwelling

an abnormality of gait in a horse in which there is a momentary hesitation before the foot is placed on the ground.
 stocks, by environment (urban, rural), by rooms and habitable habitable adj. referring to a residence that is safe and can be occupied in reasonable comfort. Although standards vary by region, the premises should be closed in against the weather, provide running water, access to decent toilets and bathing facilities, heating,  and occupied surface, 2002 - 2006

5.2. Dwellings finished, by type, surface, by environment and by county, 2002 - 2006.

5.3. Non-residential building stocks, 2002 - 2006

5.4. Non-residential building finished, by surface, 2002 - 2006

5.5. The analysis of trends in construction of buildings

6. Furniture market in Romania. Evolutions.

6.1. Main features of furniture industry in Romania Romania has been very successful in developing dynamic telecommunications, industrial robots, aerospace, and weapons sectors. Industry and construction accounted for 32% of gross domestic product (GDP) in 2003, a comparatively large share even without taking into account related services.  and trends.

6.2. Evolution of domestic market

6.3. Sales of furniture in Romania

6.4. Importance of distribution channels

6.5. Competitive environment

6.6. Consumption and consumers. Profiling.

7. Influence factors. Constraints CONSTRAINTS - A language for solving constraints using value inference.

["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)].
. Trends

8. Opportunities to growth

9. Barriers

10. Forecasts of furniture market in Romania

10.1. Forecasts of sales, by sectors and subsectors, value, 2007 - 2011

10.2. Forecasts of sales, by segment (economic, medium, premium), value, 2007 - 2011

10.3. Trends in competitive environment

10.4. Trends in distribution channels

10.5. Identifying the best areas for sales of furniture

11. Access on EU market. Requirements. Distribution channels.

12. Strategic analysis of furniture market. Porter model (five forces)

13. Success strategies

14. Conclusions

Companies Mentioned

-Adorama -Alprom, -Aramis Invest -Atelier Design -Berloni, Caesar Caesar (sē`zər), ancient Roman patrician family of the Julian gens. There are separate articles on its two most distinguished members, Julius Caesar and Augustus.  Furniture -Casa Augustin -Casa Magica -Casa Rusu -Class -Conforama -Corporate Office Solutions -Cotta International -Deco Line -Egger -Elvila -(EMO) Euromobila -Exotique -FB&C -Finnforest -Formatex -Galeria Mob -Gran Feria fe·ri·a  
n. pl. fe·ri·as or fe·ri·ae
A weekday on a church calendar on which no feast is observed.



[Medieval Latin f
 -Greenforest -Gruppo Roma -Habufa -Holzindustrie Schweighofer -ID Point -Ikea -Imar -Innova -Italsofa Romania (Natuzzi) -Kronospan -Kyros Interiors -Lemet -Libertatea -Ligne Roset -Losan -Lowe -Maxstile -Merona Holding -Mobex -Mobexpert -Mobilia Center -Modena -Modul Design -Moldomobila -Neoset -Nikmob -Nova Linea -Orion Design -Ovo Design -Parisot Group -Plimob -Poltrona Frau -Prestige Mob -Ricatela -Rovere Mobili -Secan -Silvarom -Simal Exim -SiPro Trading -Sortem -Sortilemn -Staer -Stratusmob -Svea -Swedwood -Werzalit

For more information visit http://www.researchandmarkets.com/reports/c51408
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 5, 2007
Words:651
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