Mexico’s furniture industry is expected to grow by 22% in 2021

Mexico’s furniture industry is expected to grow by 22% in 2021

Release date: December 16, 2021 source: Network

Recently, Alberto Basquez, President of the Mexican Association of wood and furniture industry suppliers (ampimm), said in a speech that the overall revenue of the country’s furniture industry is expected to increase by 22% by the end of 2021 compared with 2020.

Basquez believes that by attracting importers from the United States and Canada, the furniture industry has become a growing industry affected by the epidemic.

He predicts that the Mexican furniture industry will continue to maintain positive growth in 2022. Because home office has become the mainstream, the demand for wooden furniture in the country will continue to increase.

The chairman of the industry supplier reported that in the past few days, he had held talks with importers from the United States and Canada to seek development for the Mexican furniture industry.

“We are very optimistic about the development of next year.” He said: “the next year will be better. China US trade war and other Asian furniture exporting countries still face various bottlenecks, which are very beneficial to Mexican exporters and a good time to continue to increase furniture exports from the United States and Canada.”

Basquez concluded that without considering the factor of shipping, it is quite attractive for North American furniture importers to do business with Mexico and import furniture and wood.

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