German furniture retail market share of the top 30 account for more than half

According to the German Institute for European trade (EHI) of the furniture report, in 2008 the German furniture retail sales of 29.71 billion euros, with sales in 2007 (29.75 billion euros) compared to almost flat. Furniture industry in sales earned by major retailers share rise again. The top 30 retailers account for more than half the market share (55.87%), while the top 3 retailers account for the strong 22% market share.

In 2008, Germany’s top 30 retail furniture sales increased by 3.1 percentage points, reaching 166 billion euros. According to the German Institute for European trade (EHI) of the report, the market was 29.71 billion euros in sales. Top 20 retailers in sales growth by about 2.5 percentage points, reaching 15.27 billion euros. In 2008, the top 30 of the 15 enterprises achieved the sales growth. Another obvious trend is that major retailers are expanding sales area, not just the top 20, ranking the company was also stepping up the pace big. Braun to its stores in Singen area expanded from 11,000 square meters to 27,000 square meters. Braun originally planned an additional floor, the area expanded to 35,000 square meters, but did not get building permits. Land planning law issues become more complicated than ever. City in the face of a large area of internal stores of furniture stores usually have the time to become more sensitive than ever, because they are worried about supermarkets will have a negative impact on businesses in the city.

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2010-6-22