In 2023, Italy led the European sold production of plastics furniture with 273.12 million euros, despite a slight decline of 0.8%. Poland experienced significant growth of 18.07%, reaching second place. Spain and France also showed modest increases, 7.97% and 5.15% respectively. Encouraging gains were observed in Hungary at 10.27% and Belgium at 16.77%. While the United Kingdom saw a steep decline of 15.4%, other countries like Serbia and Lithuania experienced positive trends with 17.64% and 10.98% increases respectively. The five-year CAGR indicates continued growth potential in innovation and sustainable practices.
Future trends may focus on sustainable production methods and eco-friendly materials responding to rising environmental concerns. Potential growth areas could nestle within Eastern Europe, capitalizing on their expanding capacities and competitive pricing.
Top countries in Sold Production of Plastics Furniture by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 273,120,000 | 2023 | +14.04% | -0.8% | View data |
| 2 | 2 Poland | 140,170,000 | 2023 | +5.61% | +18.07% | View data |
| 3 | 3 Spain | 60,416,000 | 2023 | +3.73% | +7.97% | View data |
| 4 | 4 France | 50,077,000 | 2023 | +2.99% | +5.15% | View data |
| 5 | 5 United Kingdom | 28,715,000 | 2023 | -18.95% | -15.4% | View data |
| 6 | 6 Hungary | 21,229,000 | 2023 | +5.55% | +10.27% | View data |
| 7 | 7 Belgium | 12,742,000 | 2023 | +5.81% | +16.77% | View data |
| 8 | 8 Portugal | 12,287,000 | 2023 | +18.9% | +3.66% | View data |
| 9 | 9 Bulgaria | 8,301,200 | 2023 | +4.32% | +5.66% | View data |
| 10 | 10 Serbia | 7,390,000 | 2023 | +7.17% | +17.64% | View data |
