Furniture industry in Vienna: increasing sales despite crisis challenges!

Furniture industry in Vienna: increasing sales despite crisis challenges!

Laimgrubengasse 10, 1060 Wien, Österreich - The Viennese furnishing and furniture industry faces major challenges. After a pandeme -related boom, sales have broken massively in the past few months. As OTS , the nominal sales fell by 16.6 percent in the first quarter of 2024, and Inflation -adjusted even by 18.8 percent. The reasons for this are multi -layered: high inflation, rising interest rates, exploding energy costs and changing buying behavior of consumers are considerably increasing. Manufacturers are forced to introduce short -time work, which contains the entire production chain and thus also affects the procurement among suppliers.

market adjustments and customer behavior

Especially the expansion and renovation sector feels the effects. Johann Klein, chairman of the Vienna State Committee of Electrical and Furnishing Species, explains that the decline in new construction activity has significantly reduced the demand for fitted kitchens and larger pieces of furniture. Nevertheless, there are bright spots: positive impulses such as improved financing options and an increasing interest in real estate offer hope for relaxation. Small, moderate growth predicts as soon as consumers feel safer and again invest in higher purchases.

In addition, the Viennese furniture trade relies on local strengths and diversity. WKO emphasizes that a large part of the approximately 929 furnishing dealers in Vienna are small, specialized companies that score through individual advice and tailor -made solutions. These companies are essential for the adaptability of the industry, especially in the current crisis. While online trading is becoming increasingly important, inpatient specialist retailers for complex projects remain indispensable, which underlines the strength of personal advice.