In 2023, Poland led the European assembled parquet floor market with the highest wages and salaries share at 37.01 million euros. Germany and Austria followed despite a modest increase and minimal change respectively. Notably, Hungary and Poland showed substantial year-on-year growth in wages and salaries, with Hungary's share rising by 29.67% and Poland by 33.75%. Conversely, countries like Spain, France, Slovakia, Belgium, and the Czech Republic experienced declining shares, indicating a potential shift in industry dynamics.
Future Trends to Watch:
- Potential continued growth in Poland and Hungary as industry investments and competitive advantages potentially bolster their market share.
- Economic and regulatory factors in larger markets like Germany and Italy could affect overall stability and influence smaller markets.
- Brexit and supply chain disruptions might lead to further redistributions of manufacturing across Europe.
Top countries in Assembled Parquet Floors Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 37.01 | 2023 | +33.64% | +33.75% | View data |
| 2 | 2 Germany | 16.3 | 2023 | +1.43% | +2.69% | View data |
| 3 | 3 Austria | 11.23 | 2023 | +0.62% | +0.25% | View data |
| 4 | 4 Croatia | 6.27 | 2023 | +4.62% | +6.56% | View data |
| 5 | 5 Spain | 6.09 | 2023 | -4.69% | -1.59% | View data |
| 6 | 6 Lithuania | 5.14 | 2023 | +5.69% | +6.34% | View data |
| 7 | 7 Italy | 4.47 | 2023 | +1.57% | +3.8% | View data |
| 8 | 8 France | 2.7 | 2023 | -6.4% | -1% | View data |
| 9 | 9 Hungary | 1.52 | 2023 | +15.79% | +29.67% | View data |
| 10 | 10 Bosnia and Herzegovina | 1.06 | 2023 | +21.05% | +8.21% | View data |
