In 2023, Germany led the European furniture manufacturing sector with a production value of 22.32 billion euros, followed closely by Italy at 20.82 billion euros. Poland, gaining 1.16%, is emerging with a significant share, while major players like the UK and Spain witnessed a decline. Notable risers include Lithuania and Serbia, with growths of 7.2% and 9.71%, respectively.
Future trends to watch include the possible continued rise of Eastern European countries as cost-effective manufacturing hubs. Additionally, sustainability and digitalization are expected to influence production processes and value across the industry, possibly altering market dynamics.
Top countries in Furniture Manufacturing Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22,320 | 2023 | +2.85% | +0.85% | View data |
| 2 | 2 Italy | 20,820 | 2023 | -0.3% | -1.64% | View data |
| 3 | 3 Poland | 12,240 | 2023 | +2.42% | +1.16% | View data |
| 4 | 4 United Kingdom | 8,940 | 2023 | -0.66% | -0.79% | View data |
| 5 | 5 France | 7,000 | 2023 | +2.63% | +0.15% | View data |
| 6 | 6 Spain | 5,510 | 2023 | -2.77% | -2.3% | View data |
| 7 | 7 Netherlands | 3,760 | 2023 | -0.4% | -1.1% | View data |
| 8 | 8 Austria | 2,970 | 2023 | -0.34% | -1.28% | View data |
| 9 | 9 Sweden | 2,660 | 2023 | -0.026% | +0.31% | View data |
| 10 | 10 Lithuania | 2,350 | 2023 | +3.98% | +7.2% | View data |
