Key figures in Poland’s flexible foam industry suggest the country’s output is in the region of 200kT/year – which is double the estimated annual yield in the previous decade. Jane Denny reports.
Growth in Poland’s furniture industry in recent years has led to an increase in demand for foam with the knock-on effect of investment in foaming technology and process. As Eurofoam ceo Alexander Mikolasek says: “It is true [the Polish foam market] is not very transparent 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.”
Total sales revenue for key foamers in the country – Dendro, Organika, Ciech and Vitafoam and a few smaller players – was close to EUR 1bn in 2014. Adding materials producer, PCC Rokita’s sales into the pot takes that figure to well over that amount. Suffice to say, Poland’s foam industry is booming.
Given the continued growth of Poland’s economy and furniture demand, companies along the furniture supply chain have been and are still investing millions of Euros in expansion, consolidation, diversifying product offering as well as improving their R&D capabilities.
Polish national daily newspaper Rzeczpospolita publishes a report called the 2000 List of the Republic. It includes information, which the companies provide, on Poland’s largest companies.
Among other details, the report shows that Vita Polymers invested…