The production in the repair of furniture and home furnishings sector in Italy saw a notable decline from 2013 to 2016, followed by a sharp increase in 2017 and 2018. From 2019 to 2023, production values experienced fluctuations, peaking in 2019 before experiencing a downward trend. In 2023, production stood at 260.1 million euros. Over the past two years, there has been a minimal decrease, with year-on-year variations of -0.34% in 2023. The five-year CAGR until 2023 indicated a slight annual contraction of -0.7%.
Future trends to watch for include a forecasted continued slight decrease in production, with a five-year CAGR projected at -0.12% from 2023 to 2028. The market may face challenges due to evolving consumer preferences and economic conditions, suggesting the need for innovation and efficiency improvements within the sector.
