News archive

SFIC: Optimistic Outlook for Singapore Furniture Industry

12-01-2016

Continued sentiments of overall optimism see the industry forecast a pleasing growth of 7.4% from 2012 to 2015. It is anticipated that the total market size will reach S$6.25 billion in 2015. However, despite general optimism over the four years, the furniture industry saw slower than expected growth in 2014; figures have been adjusted to S$6.22 …

Canadian Wood seminar provides Indian market a fresh perspective

11-01-2016

Architects, interior designers and manufacturers in India were invited to an evening of designing and building possibilities with Canadian Wood at a Designing with Canadian Wood seminar on January 7 in Surat. Hosted by the Forestry Innovation Consulting India Pte Ltd (FII India), the market development agency for Canadian Wood and in association …

Vietnam wood exports to climb 8% in 2016

11-01-2016

Vietnam Wood 2015 in Ho Chi Minh City   Vietnam's wood industry is expected to earn export revenues of US$7.7 billion this year, 8% higher than in 2015. Exports of wood and forestry products from Vietnam will have the advantage of starting operations through the ASEAN Economic Community (AEC). Domestic enterprises have traded with ASEAN …

Dubai Design Week 2015: Dubai lays claim to the world’s newest design centre

11-01-2016

As the inaugural Dubai Design Week came to a close on 31 October, the six-day design showcase served to cement the city’s status as the design capital of the region. Dubai Design Week More than 120 designers from 35 countries took part, alongside some of the world’s most influential industry figureheads, representatives from …

World Forestry Center to hold its first Asia-Pacific Wood Trade Conference in March

11-01-2016

A tropical rainforest in Asia The extraordinary economic growth of many countries in Asia over the last decade has made the region a primary driving force impacting wood demand and supply.  “Changing Dynamics of the Asia-Pacific Wood Trade” is a two-day conference organised by the Oregon-based World Forestry Center and New …

MENA design outlook 2015: MENA design sector to outpace global growth rate by 2019

10-01-2016

The growth rate for the MENA design industry is expcted to double that of the global design sector and account for 5.2% of the global total by 2019, according to the MENA Design Outlook 2015. The new report released by the Dubai Design and Fashion Council estimates the architecture and interior design sector to experience a CAGR of 4.9% and 5.7% …

UN FAO: Global production of wood-based panels up 6% in 2014

09-01-2016

Global wood-based panel production increased 5.5% in 2014 over the previous year to reach 388 million m3. Asia Pacific accounts for more than half of the world's production volume while China leads as the largest producer and consumer of wood-based panels.   Production Asia Pacific accounted for 62% of global production in 2014 …

Dubai Wood Show 2016 to showcase innovative wood products

07-01-2016

The 11th Dubai Wood Show 2016 will showcase exquisite wood and woodworking material. The largest trade fair for wood products in the Middle East will take place from April 4 to 6. This year Turkey and India will participate in addition to last year’s seven national pavilions – USA, Spain, France, Malaysia, Sweden, Canada, and China. …

Australia Study: Timber buildings more cost efficient

07-01-2016

A new study has revealed that buildings are more cost efficient when made of wood as compared to traditional means, yielding savings of 13.9% in double-storey aged care facilities and 12.4% in multi-storey office buildings. The research, Commercial Building Costing Cases Studies – Traditional Design versus Timber Project, was funded by …