In 2023, Italy led the European market for sold production of furniture parts (excluding seats) with a value of 3.3858 billion Euros, followed by Germany at 2.2398 billion Euros and Spain at 0.98725 billion Euros. Over the last two years, notable growth was observed in Spain (7.14%), Belgium (9.76%), and the United Kingdom (6.36%), while declines were apparent in Denmark (-5.84%), Bulgaria (-9.22%), and Croatia (-6.32%). The compound annual growth rate (CAGR) indicates Spain and Belgium are experiencing strong growth momentum.
Future trends to watch include the continued expansion of eco-friendly and customizable furniture parts in the European market. Countries focusing on sustainable materials and digitalization in manufacturing could gain a competitive advantage, influencing regional production dynamics and market shares.
Top countries in Sold Production of Furniture Parts (Except Seats) by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 3,385,800,000 | 2023 | +4.08% | +1.07% | View data |
| 2 | 2 Germany | 2,239,800,000 | 2023 | +2.43% | +1.44% | View data |
| 3 | 3 Spain | 987,250,000 | 2023 | +2.35% | +7.14% | View data |
| 4 | 4 Poland | 645,230,000 | 2023 | +2.99% | +3.18% | View data |
| 5 | 5 Lithuania | 501,010,000 | 2023 | +3.81% | +5.63% | View data |
| 6 | 6 United Kingdom | 363,610,000 | 2023 | +1.33% | +6.36% | View data |
| 7 | 7 Austria | 357,050,000 | 2023 | +12.84% | +1.09% | View data |
| 8 | 8 Netherlands | 289,500,000 | 2023 | +5.43% | +3.62% | View data |
| 9 | 9 France | 218,520,000 | 2023 | +1.12% | -0.9% | View data |
| 10 | 10 Romania | 209,610,000 | 2023 | +3.57% | +4.77% | View data |
