It is worth stating that at the beginning of the
21st
century, the Egyptian Furniture Industry stands in a quite promising
position.
With a strong infra-structure, the Egyptian Furniture Industry combines
200,000 production unites worth of US$ 2 Billion as an industrial
investment. The industry employs 1 Million persons. In addition, an
annual 95,000 fresh graduates from technical institutes are joining the
working force.
The annual exports reach US$ 200
Million mainly
antique reproductions french furnitureto the EU, GCC and U.S.A. markets. In many
export operations, the Egyptian manufacturers are contracted by turn-key
international contractors to supply furniture for third parties.
The Egyptian Furniture Industry enjoys
competitive advantages in terms of availability of skilled handcrafted
labor with relatively low wages, implementation of modern manufacturing
principals, and keen attention and quick response to the market demands
of the overseas customers.
Furniture From Egypt is becoming a phrase which starts to gain
credibility towards the supply of Superb Quality, Exceptional Value,
Quick, On-Time Deliveries and Superior Customer Service through
developed focused factories which is being re-engineered to ensure
continuous flow of production with unlimited finishing capabilities.
Well-defined and strong clusters are being formed and supply chain to
the furniture sector is in process at present.
Nevertheless, the Egyptian exports don't reflect the capabilities of the
industry nor the available overseas opportunities where the leading
countries are re-allocating this industry to another parts of the world.
In content, the Egyptian furniture industry offers a diversified menu of
product categories. Not only it has a developed well reputed image as a
supplier of classic and antique reproductions – making the best use of
its skilled handicraft labor, but Egypt also offers modern,
contemporary, ethnic styles for residential, hotel, office, kitchen,
outdoor, school, medical as well as other furniture uses
Facts & Figures
·200,000 furniture establishments
·1 Million Labor Force.
· 100,000 Fresh Graduates Annually from
Technical Institutes
· US$ 2 Billion as an industrial investment
· US$ 340 Million Value of Local Consumption of
Residential Sector
· US$ 215 Million Value of Local Consumption of
Tourist Projects Sector
· US$ 200 Million Value of Annual Exports
·Capability to meet international standards
The Export
Market
-
The European Union
- Gulf Cooperating Council (GCC)
- The united States of America
- The Common Market for Eastern and Southern Africa (COMESA)