In 2023, Germany leads the European market for bending, folding, and straightening metal machines with a 42.76% share, despite a slight dip of 1.05%. Italy holds the second place at 30.5%, experiencing a 1.82% decrease. Spain, with a 13.32% share, saw an increase of 0.92%. Austria and Sweden show stability and growth, respectively, with Sweden recording an 8.13% rise. France and Portugal follow, with Portugal notably increasing by 50.45%. Poland, Finland, Denmark, and Bulgaria also exhibit positive trends. The UK, Croatia, and Hungary have faced declines, particularly the UK at 6.94%.
Future trends to watch include:
- Technological advancements focusing on automation and efficiency.
- Increased investments in sustainable manufacturing processes.
- Potential market shifts due to regulatory changes and economic pressures.
- Growth in Eastern European markets as infrastructure develops.
Top countries in Sold Production of Bending, Folding and Straightening Metal Machines Share by Country (Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 42.76 | 2023 | +6.77% | -1.05% | View data |
2 | 2 Italy | 30.5 | 2023 | +4.89% | -1.82% | View data |
3 | 3 Spain | 13.32 | 2023 | +4.55% | +0.92% | View data |
4 | 4 Austria | 6.84 | 2023 | +48.82% | View data | |
5 | 5 Sweden | 3.85 | 2023 | +0.73% | +8.13% | View data |
6 | 6 France | 2.37 | 2023 | +12.89% | +3.81% | View data |
7 | 7 Portugal | 1.38 | 2023 | +2.94% | +50.45% | View data |
8 | 8 Poland | 1.36 | 2023 | +4.45% | +6.23% | View data |
9 | 9 Finland | 1.25 | 2023 | +9.73% | +6.31% | View data |
10 | 10 Czechia | 0.93 | 2023 |