Austria leads the European production of base metal mountings and fittings for furniture with a substantial share, followed by Germany and Italy. Austria and Denmark recorded significant growth in 2023 compared to the previous year, whereas the United Kingdom faced a notable decline. Over the last two years, most countries showed modest growth, with Austria and Denmark being the exceptions where growth was more pronounced. Across a five-year span, these industries have shown varied growth trends, with several countries managing stable or positive growth despite market fluctuations.
Future trends to watch include:
- A potential increase in sustainable and innovative furniture solutions could boost production in countries with advanced manufacturing capabilities.
- Market diversification and exploration of new technologies may enhance growth prospects, particularly in Western Europe.
- Regulatory changes and economic recovery across Europe could redefine production landscapes, influencing country-specific market shares.
Top countries in Sold Production of Base Metal Mountings, Fittings Suitable for Furniture Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 47.87 | 2023 | +5.43% | +7.57% | View data |
| 2 | 2 Germany | 33.7 | 2023 | +1.66% | +1.33% | View data |
| 3 | 3 Italy | 9.18 | 2023 | +0.11% | +4.71% | View data |
| 4 | 4 Poland | 3.3 | 2023 | +2.56% | +2.94% | View data |
| 5 | 5 Spain | 2.42 | 2023 | +2.42% | +1.11% | View data |
| 6 | 6 Denmark | 1.28 | 2023 | +22.31% | +25.56% | View data |
| 7 | 7 Hungary | 0.58 | 2023 | +2.59% | +1.22% | View data |
| 8 | 8 France | 0.47 | 2023 | -1.66% | -1.78% | View data |
| 9 | 9 Bulgaria | 0.4 | 2023 | +3.45% | +5.86% | View data |
| 10 | 10 United Kingdom | 0.3 | 2023 | -3.99% | -7.81% | View data |
