Marel Q1 2024 Investor Presentation from May 8, 2024
İnegöl furniture history
1. InegolFurnitureHistory
ProductionandExport Volume of InegolFurniture:
FrettingthePath…
Thehistory of Inegolfurnituredatesbacktocenturies, theearly 1900s…
As Inegol is surroundedbyforests, thisadvantageenabledtheprocessbeganwiththetree’sbeing
processedintotimber in workshopsanditsbeingtransferredtonecessaryareas in thenational
market. Duringtheperiodwhentherepublic is established; lumberingstartedwithproduction of
chestand horsecarriagesandthencontinuedwiththeproduction of chairsandarmchairs. Now, this
processgavewayto a newera in whichthefurniture is manufacturedwithmachines of thelatest
technology.
Processingtreesbecamethe main source of income of thelocals. As Inegol is geographically
located on thehighwaybetween Ankara and Bursa, thefurnitureindustryregionattractsthe
attention of thevisitorsandthepotentialcustomers.
Modern andclassicsittinggroups, bedrooms, diningrooms, sofa beds, sofas, kid’sroomsand
teenagergroups, kitchenandfurnitureaccessories can be classified as theproductgroupsthatare
manufactured in Inegol.
Thecontribution of Inegolfurnituretotoday’seconomy is hugeenoughthatcannot be disregarded.
Duringtheyears, thenumber of thefurnituremanufacturers has increased. Nowthereare 586
companieswhichareregisteredtotheChamber of Commerce andIndustry. Thesecompanies’
productrangesarewideenoughtoaddressalltypes of customers. Thefurnituremanufacturers in
Inegolhavethechancetopromotetheirproductsbywelcomingallkinds of businessmenand
consumersfromTurkeyandabroadduring MODEF – theFurnitureandDecorationFairand
2. MODEF EXPO – the International FurnitureandDecorationFairwhich is organizedannually.
Amongthe 586 companieswhichareregisteredtothechamber of commerceandindustry; 420 of
themare in thefurnitureand sofa industryand 166 of themare in thelumberandchipboardsector.
Accordingtothecapacityreportdata of thechamber of commerceandindustry, 309 of the
companiesaremanufacturerswhoprovide 7.474 laborforce in total.
The market developedduringthepastyearsand had a progress in theexportation of theproducts
manufactured in theregion. In 2005, the total exportwasdeclared $54 millionand in 2007, it was
announced 2007 almost $64 million. In 2008, despiteallthenegativeeconomicaldevelopments, the
exportvolumewasindicated as $104 million. Thesedevelopmentsarethebiggestindicators of the
sector’sgraduallypenetratingintoworld’smarkets.
http://www.sofalife.com/read_blog/furniture-news/inegol-furniture-history-35.html