In 2023, Germany dominated the European market for sold production of presses for particle board or fibre board manufacture with a share of 71.76%, despite a marginal decline of 0.6% year-on-year. Italy followed at 14.24%, experiencing a significant decline of 7.54%. Conversely, Finland at 3.12% and Estonia at 2.56% saw notable growth, with increases of 23.23% and 13.52% respectively. Meanwhile, Denmark, Spain, Lithuania, and Bulgaria held minor shares but experienced positive growth rates, with Spain leading at 8.99%.
Future trends to watch in this sector include increasing technological advancements, shifts towards sustainable materials, and potential market expansions driven by eco-friendly construction regulations. Germany is likely to maintain leadership, but smaller players such as Finland and Estonia could gain market traction due to targeted innovation and production enhancements.
Top countries in Sold Production of Presses for the Manufacture of Particle Board or Fibre Building Board of Wood or Other Ligneous Materials Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 71.76 | 2023 | +3.84% | -0.6% | View data |
| 2 | 2 Italy | 14.24 | 2023 | -1.3% | -7.54% | View data |
| 3 | 3 Finland | 3.12 | 2023 | +18.14% | +23.23% | View data |
| 4 | 4 Estonia | 2.56 | 2023 | +5.2% | +13.52% | View data |
| 5 | 5 Denmark | 0.77 | 2023 | +2.99% | +3.64% | View data |
| 6 | 6 Spain | 0.76 | 2023 | -0.99% | +8.99% | View data |
| 7 | 7 Lithuania | 0.35 | 2023 | +4.45% | +4.39% | View data |
| 8 | 8 Bulgaria | 0.025 | 2023 | +0.12% | +1.02% | View data |
