Why Italy's sleek kitchens are more profitable abroad than at home

Apr 20, 2018 503

While design aficionados flock to Milan from around the globe for the world's largest furniture fair, Italy's kings of kitchen style are looking beyond its borders to beat a sluggish domestic market. As the six-day Salone del Mobile got under way in Italy's fashion capital on Tuesday, the country's kitchen design industry was celebrating a 3.2 percent growth in exports last year.

The event hosts more than 2,450 exhibitors, of whom nearly a quarter are foreign. Last year, it attracted around 300,000 visitors from 165 countries. The €779 million generated by the kitchen sector is behind only Germany and China. Consultancy firm Bain & Company estimates that the global design market grew four percent in 2017 to €35 billion, a figure that is destined to triple over the next ten years.

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SOURCE: https://www.thelocal.it

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