In 2023, Germany led the European turnover in furniture and home furnishings repair with 360.9 million euros, followed by Italy and the United Kingdom. Notable growth was seen in Hungary (13.85%) and Belgium (9.76%), while France and Norway experienced declines. Bosnia and Herzegovina showed significant growth, marking it as an emerging player. The five-year average CAGR shows varied performances, indicating dynamic trends across countries.
Future trends to watch include potential growth drivers such as sustainability, which may increase demand in repair services, and economic influences impacting consumer spending on repairs. Emerging markets, like Bosnia, could continue to rise. Monitoring technological advancements in repair methodologies remains crucial.
Top countries in Turnover of Furniture and Home Furnishings Repair by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 360.9 | 2023 | +7.89% | +5.73% | View data |
| 2 | 2 Italy | 294.5 | 2023 | +0.72% | +0.49% | View data |
| 3 | 3 United Kingdom | 247.3 | 2023 | -0.12% | +1.31% | View data |
| 4 | 4 France | 150.2 | 2023 | -4.27% | -4.81% | View data |
| 5 | 5 Denmark | 83.9 | 2023 | -0.24% | +2.71% | View data |
| 6 | 6 Poland | 62.8 | 2023 | -0.16% | +0.55% | View data |
| 7 | 7 Spain | 58.9 | 2023 | +5.18% | +6.91% | View data |
| 8 | 8 Sweden | 36.3 | 2023 | -2.42% | -1.48% | View data |
| 9 | 9 Hungary | 28.5 | 2023 | +9.62% | +13.85% | View data |
| 10 | 10 Belgium | 22.3 | 2023 | +6.7% | +9.76% | View data |
