The European kitchen furniture market in 2023 saw substantial disparities in wages and salaries across countries. Germany remained the highest with 1.05 billion euros, followed by the UK at 0.549 billion and France at 0.257 billion. Poland and Portugal showed resilience with substantial growth rates at 7.34% and 7.62% respectively, whereas Greece and Cyprus witnessed significant declines at -7.53% and -12.94% respectively. Lithuania and Croatia also exhibited notable increases. Serbia led the growth with a remarkable 22.2% rise. Generally, Western and Northern European countries reflected stability, while Eastern and Southern Europe showcased varied trends.
Future trends to watch for include:
- The impact of economic conditions and inflation on real wages across Europe.
- Potential alignment of wage growth rates with productivity improvements in the sector.
- The influence of technology and automation on job roles and wage structures within the kitchen furniture industry.
- Germany's and Poland's continuing strong positions in wage levels and growth, respectively.
- The need for countries with declining wages, like Greece and Cyprus, to examine strategies for reversal.
Top countries in Kitchen Furniture Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,050 | 2023 | +4.32% | +4.25% | View data |
| 2 | 2 United Kingdom | 549 | 2023 | +0.86% | +0.72% | View data |
| 3 | 3 France | 257 | 2023 | +0.47% | -1.12% | View data |
| 4 | 4 Italy | 237.1 | 2023 | -0.29% | -1.55% | View data |
| 5 | 5 Sweden | 171.4 | 2023 | +2.76% | +1.55% | View data |
| 6 | 6 Denmark | 148.6 | 2023 | +3.84% | +4.93% | View data |
| 7 | 7 Spain | 141.2 | 2023 | +0.5% | +1.5% | View data |
| 8 | 8 Poland | 127.7 | 2023 | +7.13% | +7.34% | View data |
| 9 | 9 Finland | 72.6 | 2023 | +0.28% | -0.14% | View data |
| 10 | 10 Belgium | 68.6 | 2023 | +0.29% | +0.32% | View data |
