The European wages and salaries in the furniture and home furnishings repair sector indicated significant variances among countries in 2023, showcasing Germany, the United Kingdom, and Italy as top contributors. Year-on-year growth was notable in Hungary and Romania with double-digit increases. In contrast, Poland, Greece, and Iceland experienced sharp declines. Portugal and Lithuania recorded the highest growth rates, signaling a robust upward trend. Over the past five years, the sector has experienced modest average annual growth, reflecting variation across the region.
Future trends to watch include:
- An expected continuation of growth in Eastern European nations as they modernize and strengthen their economies.
- Potential recovery in countries with declining wages, contingent on economic shifts and policy changes.
- The impact of sustainability and circular economy practices, possibly increasing demand for repair services.
- Technological advancements in repair techniques influencing skill demand and wage variations across Europe.
Top countries in Wages and Salaries of Furniture and Home Furnishings Repair Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.24 | 2023 | +8.37% | +3.38% | View data |
| 2 | 2 United Kingdom | 21.91 | 2023 | +0.98% | +1.1% | View data |
| 3 | 3 Italy | 17.3 | 2023 | +4.95% | +5.69% | View data |
| 4 | 4 France | 9.75 | 2023 | -5.17% | -4.87% | View data |
| 5 | 5 Denmark | 7.48 | 2023 | +2.43% | +3.69% | View data |
| 6 | 6 Spain | 6.06 | 2023 | +6.21% | +9.01% | View data |
| 7 | 7 Sweden | 1.91 | 2023 | 0% | -1.08% | View data |
| 8 | 8 Hungary | 1.06 | 2023 | +11.11% | +13.4% | View data |
| 9 | 9 Poland | 1.06 | 2023 | -3.23% | -15.83% | View data |
| 10 | 10 Romania | 0.78 | 2023 | +15.79% | +14.87% | View data |
