Regulatory change and the potential for furniture industry consolidation are among the challenges faced by Polish foamers today. Eurofoam ceo Alexander Mikolasek told Urethanes Technology International magazine how the firm’s Polish subsidiary plans to meet those trials.
“It is true that [Poland’s PU foam market] is not a very transparent market but what is obvious is that over the last 10 years it has been, and continues to be, a very dynamic market. For sure it is the most dynamic market in Europe.”
Poland’s high number of furniture producers – estimated at 15,000 by Italy’s Centre for Industrial Studies, coupled with the presence of the world’s biggest furniture retailer IKEA, is what creates that “dynamic customer base”, according to Alexander Mikolasek.
Mikolasek believes the furniture industry in Poland is poised for a process of consolidation. “I think that what we are going to see is fewer players, but then there will be bigger players. There are some smaller companies that will go out of business and the bigger producers will increase their share of the market.
“On the other hand, what is still an issue is the high level of competition within Poland. However, there is also still a high level of demand. The challenge in that for the furniture makers and for the foam producers that supply them is a logistical one. As the furniture…