The Furniture Manufacturing Industry of Barbados - Caribbean ...
The Furniture Manufacturing Industry of Barbados - Caribbean ...
The Furniture Manufacturing Industry of Barbados - Caribbean ...
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In most European countries consumers are highly demanding and expect value for money.<br />
Sound quality and suitability <strong>of</strong> the furniture for its designated uses are the key requirements.<br />
Allied to good quality is the expectation that the furniture item should be well designed,<br />
both in its styling and for the purpose to which it is intended. Despite increased emphasis<br />
on quality, price remains a crucial point. Price competition between retailers remains<br />
a significant feature in most EU countries. Environmental friendliness has become an important<br />
factor in purchasing decisions in Germany, the UK and Sweden. <strong>The</strong>re is a growing interest<br />
in guarantees e.g. FSC label (Forest Stewardship Council) that furniture is made from<br />
sustainable woods and natural and environmentally friendly materials and finishes.<br />
Consumers try to mix different interior styles and take multiple ideas to create an original<br />
interior. <strong>The</strong> boundaries between styles have become much less clear. Special interior decorative<br />
effects are achieved through small furniture, accent colours and accessories. Consumers<br />
buy accessories to match the furniture that they purchase, so manufacturers who can <strong>of</strong>fer<br />
this additional service will benefit.<br />
Colonial and oriental styles remain popular. Promising market opportunities can be found in<br />
the colonial style, renewed classic style and romantic style as well as in the contemporary<br />
style combined with exotic accessories. All styles are supported by small furniture items e.g.<br />
stools <strong>of</strong> solid wood with ethnic, folk and oriental designs, including curves, latticework,<br />
wrought iron.<br />
Distribution and marketing<br />
For exporters from developing countries, the physical distribution <strong>of</strong> furniture in the European<br />
market is challenging and it would be recommendable to have a warehouse in an EU<br />
country. When exporting furniture for the first time, European importers are the best channel<br />
to make use <strong>of</strong>. <strong>The</strong>y have a good knowledge <strong>of</strong> the market and provide the safest and most<br />
effective method <strong>of</strong> distribution.<br />
With the growing influence <strong>of</strong> fashion in furniture, furniture stores change their range more<br />
<strong>of</strong>ten (than 2-3 times/year), giving the store an ongoing innovative image. New furniture<br />
ranges can be combined with all sorts <strong>of</strong> accessories, creating a total interior concept. For an<br />
exporter it is important to be aware <strong>of</strong> this concept. He should try to make a link here when<br />
introducing his products, even at importer level. Shop interiors appeal more to consumer<br />
target groups and can range from classic, colonial to contemporary to ultra-modern. In shop<br />
interiors, products are clearly and well laid out with some stores <strong>of</strong>fering a relaxation/<br />
lounge area and some inter-activity (e.g. computer-aided design corners).<br />
Potential partners for exporting to the European market are:<br />
a) Domestic manufacturers have been confronted with rapidly rising production costs,<br />
which have rendered manufacturers uncompetitive (especially in labour-intensive production<br />
lines), manufacturers are increasingly assuming the role <strong>of</strong> importers. Like importers<br />
they look for low-cost sources that produce furniture on a made-to-order basis,<br />
instead <strong>of</strong> purchasing ready-made articles. <strong>The</strong> main advantage is that these items can<br />
be made according to their own design, quality and colour specification.