In 2023, the United Kingdom led the European market share for sold production of office machinery and equipment, excluding computers and peripherals, with a significant share of 45.93%, despite a slight decline of 0.29%. Germany followed, holding a 17.42% share but experiencing a substantial decrease of 13.63%. Bulgaria showed noteworthy growth, capturing an 11.9% share with a 5.72% increase. Italy, Netherlands, and Poland trailed with modest shares, while Poland and Sweden exhibited notable growth rates of 9.78% and 11.79% respectively. Some declines were seen in France, Hungary, Belgium, and Lithuania, all of which showed negative growth figures in 2023.
Future trends to watch include potential market shifts towards Eastern Europe, with countries like Bulgaria, Poland, and Estonia showing positive growth momentum. The UK's dominant position, coupled with Germany's declining share, could lead to increased competition within the region. Key factors influencing future trends may include technological advancements, changes in demand for traditional office machinery, and economic developments within the EU impacting production capacities.
Top countries in Sold Production of Office Machinery and Equipment (Except Computers and Peripheral Equipment) Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 45.93 | 2023 | +1.35% | -0.29% | View data |
| 2 | 2 Germany | 17.42 | 2023 | -2.57% | -13.63% | View data |
| 3 | 3 Bulgaria | 11.9 | 2023 | +5.47% | +5.72% | View data |
| 4 | 4 Italy | 6.84 | 2023 | +1.28% | +0.2% | View data |
| 5 | 5 Netherlands | 5.98 | 2021 | -3.09% | View data | |
| 6 | 6 Poland | 4.87 | 2023 | +3.2% | +9.78% | View data |
| 7 | 7 Sweden | 4.66 | 2023 | +14.94% | +11.79% | View data |
| 8 | 8 France | 3.84 | 2023 | -0.97% | -1.19% | View data |
| 9 | 9 Hungary | 3.24 | 2023 | -4.77% | -5.17% | View data |
| 10 | 10 Spain | 2.49 | 2023 | +11.7% | +1.78% | View data |
