In 2023, Germany led the European office and shop furniture market with €20.74 million, despite a slight year-on-year decline of 1.16%. Italy and France followed with €14.7 million and €10.8 million, having experienced marginal variations of -1.09% and +0.85%, respectively. Poland and the Netherlands displayed divergent trends, with Poland growing by 2.9% and the Netherlands contracting by 1.41%. The United Kingdom also declined by 1.42% at €8.17 million.
Spain, with an increase of 2.63%, and smaller European markets like Finland, which surged by 6.96%, Hungary at 15.55%, and Serbia at 11.69%, showed positive momentum. Conversely, markets like Cyprus and Iceland experienced noticeable declines of 2.31% and 13.44%, respectively.
Moving forward, the European office and shop furniture market is likely to be influenced by economic recovery measures post-2023, sustainability trends, and digital transformation. Countries with strong growth like Hungary and Sweden might continue to lead in innovation, while stability in major markets like Germany and Italy will be pivotal for overall European market health.
Top countries in Office Furniture and Shop Furniture Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.74 | 2023 | +0.044% | -1.16% | View data |
| 2 | 2 Italy | 14.7 | 2023 | +0.76% | -1.09% | View data |
| 3 | 3 France | 10.8 | 2023 | +5.13% | +0.85% | View data |
| 4 | 4 Poland | 9.05 | 2023 | +4.47% | +2.9% | View data |
| 5 | 5 Netherlands | 8.62 | 2023 | +1.04% | -1.41% | View data |
| 6 | 6 United Kingdom | 8.17 | 2023 | -1.25% | -1.42% | View data |
| 7 | 7 Spain | 6.17 | 2023 | +8.27% | +2.63% | View data |
| 8 | 8 Sweden | 4.33 | 2023 | +0.14% | +0.89% | View data |
| 9 | 9 Austria | 2.14 | 2023 | +3.22% | -0.8% | View data |
| 10 | 10 Finland | 2.13 | 2023 | +8.34% | +6.96% | View data |
