In 2023, Lithuania leads the European market for repair of furniture, furnishings, and floor coverings with a HICP standing at 19.17, followed closely by the Czech Republic at 17.7. Poland and Croatia also show significant figures at 15.52 and 13.115, respectively. Germany and Italy maintain strong positions with HICP values over 11. The last reported variations in 2022 highlight Lithuania's notable growth of 10.32%, with the Czech Republic and Poland following closely. Over the last five years, the compound annual growth rate indicates a varied yet positive trend across the region, with Denmark showing a negative value.
Future trends to watch include potential market shifts in response to environmental regulations encouraging sustainable practices in furniture repair. Additionally, technological advancements such as smart furniture and minimally invasive repair methods may influence service demands. Economic factors, such as inflationary pressures or changes in consumer spending patterns, could also impact the HICP dynamics in individual countries. Monitoring these elements will provide valuable insights for stakeholders.
Top countries in Repair of Furniture, Furnishings and Floor Coverings HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 191.7 | 2022 | +16.88% | +10.32% | View data |
| 2 | 2 Czech Republic | 177 | 2022 | +17.76% | +10.18% | View data |
| 3 | 3 Poland | 155.2 | 2022 | +19.2% | +8.07% | View data |
| 4 | 4 Croatia | 131.15 | 2022 | +13.5% | +5.54% | View data |
| 5 | 5 Serbia | 125.1 | 2022 | +13.01% | +3.6% | View data |
| 6 | 6 Romania | 121.86 | 2022 | +7.58% | +3.59% | View data |
| 7 | 7 Germany | 116.5 | 2022 | +4.67% | +2.49% | View data |
| 8 | 8 Macedonia | 112.71 | 2022 | +7.23% | +2.25% | View data |
| 9 | 9 Italy | 111.9 | 2022 | +5.87% | +1.85% | View data |
| 10 | 10 Finland | 110.25 | 2022 | +4.08% | +0.31% | View data |
