Furniture industry
From crafts for individuals to modern mass production
The Lithuanian furniture, wood processing has long-standing traditions in producing high quality products. The industry is well-developed – modern production facilities are utilized and the workforce is highly skilled. Lithuanian companies produce a wide range of furniture and majority of production (85,2 %) is exported. Lithuania is the fifth biggest IKEA supplier in the world. Moreover, Lithuanian offices of such companies as Swedbank, Barclays, Danske as well as some famous brand stores in Europe are equipped with Lithuanian furniture and installed by local producers.
895 companies were active in the industry at the beginning of 2016, 97.5 percent of them were SMEs. Furniture industry accounts for about 2.5 percent of GDP employing about 27 000 workers or 2.9 percent of total employment.
In 2015 exports of Lithuanian furniture industry amounted to almost 1.2 billion EUR, making it Lithuania`s fourth largest exporting industry.
Major export destinations for Lithuanian furniture industry in 2015 were Sweden (25.6 percent of total Lithuanian furniture exports), United Kingdom (12.2 percent), Sweden (11.2) and Denmark (10.2 percent). These four countries accounted for almost 60 percent of Lithuanian apparel industry exports.
Key products:
- Kitchen furniture
- Living room furniture
- Bathroom furniture
- Furniture parts (components)
- Seats and seats convertible into beds
- Office furniture
- Other
Industry’s key competitive advantages
- One of the most competitive and highly developed branches in Lithuania’s manufacturing industry
- Innovative production methods, high quality furniture
- Up to date design solutions, custom, handcrafted furniture and whole concepts
- Time-honoured traditions
- High technological and linguistic staff competences and work culture
- Integration into global value chains
