How to get a better perspective on the furniture industry in Latvia

How to get a better perspective on the furniture industry in Latvia

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Nobody could probably deny that the furniture industry is a very important sector of Latvia’s economy. And this statement continues being true despite the serious impact that the behaviour of the global economy has had on the behaviour of Latvian economy in the last decade or so. The furniture industry has increased the value added to its products and the number of exports during that same period of time. But this industry also has another advantage when it is compared with other sectors of the national economy. That advantage is simply that this industry has the potential to grow still more, because there is a constant domestic and international demand for its products, which contributes to its positive development in the future. It is for this reason that the furniture industry became one of the priority industries for the Ministry of Economics.

The socio-economic development of Latvia has relied traditionally on forest resources. They have been a key component of the national economy, particularly due to its connection with the timber industry and the options that it opens for employment in rural regions, but also in the country as a whole. The furniture industry therefore appears closely connected with the timber industry, even seen by many as a sub-industry of the latter, although wood is not necessarily the only type of material that it employs. It also needs materials such as textiles, leather, metal, plastic, glass, and many others. Likewise, it is an industry that focuses on goods that are employed in many different ways and in many different places.

The furniture industry in Latvia is very strong in at least three main areas. The first one is seat furniture. This area includes products such as chairs, sleeping chairs, sofas, upholstered and unupholstered seats, parts of seats, and similar items. The second area is office furniture. This area includes products such as desks, work and writing tables, shelves, buffets, wardrobes, cabinets, and other similar items. The third area is household furniture. This area has to do with products for spaces such as kitchens, living rooms, bathrooms, bedrooms, gardens, and so on. In all these areas, Latvia’s furniture industry shows some general features. For example, it is very elastic concerning its means and its processes of production as well as its outputs. It also shows production costs that are rather low, an important interest in quality, design and innovation, and a strong commitment to delivery accuracy.

One could mention many good examples of businesses belonging to the furniture industry in Latvia, each of them interested in seeking different types of cooperation for the work that they do. These are just some examples of the companies with which you can do business in Latvia if you are looking for partners in the furniture industry.

Anna Barons

A first example is Anna Barons, which is a group that does furniture production and interior design since 2005. This group focuses mainly on items for hotels, restaurants, and private residences. Besides Latvia, its products are sold in countries such as Sweden, the Netherlands and Austria. They describe themselves as interested in having cooperation with architects and interior designers, real estate developers, interior design contractors, building companies, and companies that offer solutions to the hospitality sector. You can find more information about this company in its website: www.annabarons.lv

Kate

Image courtesy of Kate at kate.lv
Image courtesy of Kate at kate.lv

Another example is Kate, a company that focuses on office furniture. Their products include chairs of different types, sofas, desks, tables, pieces of furniture for conference and reception spaces and for waiting and lounge areas, as well as wall partition systems for any kind of office. Kate is a company that likes to cooperate directly with customers, but also with all those interested in this market. Besides Latvia, its products are sold in Scandinavia. You can find more information about this company in its website: www.kate.lv  

Maffam Freeform

Image courtesy of Maffam Freeform at maffamfree.eu
Image courtesy of Maffam Freeform at maffamfree.eu

This example is a bit different. Maffam Freeform focuses on garden furniture, which it produces with a very particular material, that is, basalt, a rock that has a volcanic origin. All its products are handmade, and they include items such as garden tables, chairs, and stools. The company is interested in cooperating with wholesalers, showrooms, and agents. Its products sell well in countries such as Poland, Germany, Italy, Russia, and the United States. You can find more information about this company in its website: http://www.maffamfree.eu

Mint Furniture

Mint Furniture, the final example in this list, focuses on household furniture. Its aim is to provide spaces full of energy, stability, and simplicity where every piece of furniture can be arranged in a very natural way. They have products for spaces such as kitchens, living rooms, bathrooms, kids rooms, bedrooms, and others. They are interested in cooperating with architects and interior designers, but also with retailers, distributors, and agents. Their products are sold in countries such as Germany, France, and Switzerland. You can find more information about this company in its website: www.mintmebeles.lv   

 

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