The turnover in the Repair of Furniture and Home Furnishings sector in Poland stood at 193.1 million Zloty in 2023. Reviewing the historical data, the sector experienced fluctuating turnovers with significant growth observed between 2016 and 2020, peaking in 2020 at 280.8 million Zloty. However, from 2021 onwards, the sector has seen a consistent decline in turnover, resulting in an 8.05% decrease year-on-year from 2022 to 2023, and capturing a negative 5.8% CAGR over the last five years.
Looking forward, the forecasts suggest a continuing downward trend, projecting a 36.96% reduction in turnover by 2028. This indicates an average annual decline of 8.82% over the next five years.
Future trends to watch for include the impacts of broader economic conditions on consumer spending for repairs, potential shifts towards disposable furnishings, and advancements in repair technologies that could influence the sector’s dynamics.
