In 2023, Poland led the European assembled parquet floors wages and salaries market with significant growth at 33.75%, reaching 160.5 million euros. Germany and Austria followed in the rankings with moderate increases of 2.69% and 0.25%, respectively. Noteworthy growth was observed in Hungary at 29.67% and Portugal at 16.36%. Conversely, countries like Spain, Slovakia, and the Czech Republic experienced slight declines. Despite decreases, France and Italy maintained relatively stable figures.
Future trends to watch include potential continued growth in Eastern European countries like Poland and Hungary due to competitive labor costs and expanding manufacturing capabilities. Conversely, Western European countries may face challenges associated with higher labor costs and economic shifts. Monitoring economic policies and sustainability initiatives will be crucial for understanding market dynamics moving forward.
Top countries in Assembled Parquet Floors Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 160.5 | 2023 | +33.64% | +33.75% | View data |
| 2 | 2 Germany | 70.7 | 2023 | +1.43% | +2.69% | View data |
| 3 | 3 Austria | 48.7 | 2023 | +0.62% | +0.25% | View data |
| 4 | 4 Croatia | 27.2 | 2023 | +4.62% | +6.56% | View data |
| 5 | 5 Spain | 26.4 | 2023 | -4.69% | -1.59% | View data |
| 6 | 6 Lithuania | 22.3 | 2023 | +5.69% | +6.34% | View data |
| 7 | 7 Italy | 19.4 | 2023 | +1.57% | +3.8% | View data |
| 8 | 8 France | 11.7 | 2023 | -6.4% | -1% | View data |
| 9 | 9 Hungary | 6.6 | 2023 | +15.79% | +29.67% | View data |
| 10 | 10 Bosnia and Herzegovina | 4.6 | 2023 | +21.05% | +8.21% | View data |
