Furniture Exporters See 2012 Recovery

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Furniture manufacturers and exporters have started receiving big orders from new foreign buyers and those that halted purchases in the midst of global crisis, boosting hopes of a rebound for the sector this year.

The big volume of orders was gained during their participation in the recently held biannual Manila FAME trade show organized by the Center for International Trade Expositions and Missions (CITEM).

Emmanuel P. Padiernos, vice president for market development of Chamber of Furniture Industries of the Philippines (CFIP) said they were happy with the result in terms of attendance of quality foreign and local buyers.

CFIP continued to receive orders from Europe, South America, Russia and neighboring ASEAN countries. Padiernos said his company, Padi Outdoor, gained orders from old buyers for delivery within the next months.

Padiernos has expressed optimism that 2012 would be a better year for the furniture industry.

CFIP executive director Salvio L. Valenzuela Jr. attributed the success of the bigger trade show to the merging of world-class event brands — the Manila FAME, Manila Now, Cebu Next and Bijoux Cebu.

Manila FAME is the country’s premier trade show for lifestyle exports, covering a wide array of design-intensive products in furniture and furnishings, holidays and gifts and fashion.

“The prospect is good, the result was very positive for the exhibitors,” Valenzuela said. “Many buyers came back because they saw the merging of these trade shows. They were looking forward that their sourcing would be good.”

Another exhibitor in the show, the Philippine Treasures, Inc. offering Christmas and other holiday decorations, also experienced increase in sales.

Kimberly Phillips, an American buyer was impressed with the Philippine excellence in product design. “The style and design and talents of people here are extra ordinary thing that is why I would like to come here,” said Phillips.

 

Manila Bulletin – Tue, Apr 3, 2012

Article Source : ph.news.yahoo.com