In 2024, Germany leads in the European Doors and Metal Windows sector with wages and salaries amounting to 26.28 million Euros, followed by Spain at 17.64 million Euros, and France at 12.98 million Euros. While Germany, Spain, Portugal, and Poland show positive growth, Italy and Belgium experience declines. Poland demonstrates the highest growth rate of 10.15% year-on-year, whereas Slovakia stands out with a 35.03% increase. On the other hand, Norway, Denmark, and Greece depict downward trends.
Future trends to watch for include:
- Germany's sustained growth, contributing significantly to the overall market.
- Potential market disruptions in Italy and Belgium, considering their negative growth trends.
- Increasing contributions from emerging markets like Slovakia, Romania, and Croatia.
- Strategic moves by companies to capitalize on high-growth countries such as Poland and Latvia.
Top countries in Doors and Metal Windows Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.28 | 2023 | +4.48% | +5.21% | View data |
| 2 | 2 Spain | 17.64 | 2023 | +4.85% | +4.51% | View data |
| 3 | 3 France | 12.98 | 2023 | +3.12% | +1.86% | View data |
| 4 | 4 Italy | 10.25 | 2023 | -4.35% | -5.82% | View data |
| 5 | 5 United Kingdom | 7.58 | 2023 | +1.12% | +0.72% | View data |
| 6 | 6 Poland | 4.6 | 2023 | +8.53% | +10.15% | View data |
| 7 | 7 Portugal | 3.67 | 2023 | +3.3% | +6.01% | View data |
| 8 | 8 Belgium | 3.28 | 2023 | +4.42% | -0.76% | View data |
| 9 | 9 Austria | 2.16 | 2023 | +1.33% | +1.48% | View data |
| 10 | 10 Sweden | 1.45 | 2023 | +0.56% | -0.37% | View data |