In 2023, Germany leads the European furniture and home furnishings repair market with a turnover of 25.13 million Euros, showing a 5.73% year-on-year increase. Italy and the United Kingdom follow, yet with modest growth of 0.49% and 1.31% respectively. France experienced a decline of 4.81%, indicating potential market challenges. Notably, Hungary and Bosnia and Herzegovina show standout growth rates of 13.85% and 35.1%, hinting at emerging markets. Noteworthy positive shifts in Belgium (9.76%) and Croatia (11.5%) underscore different growth dynamics across the region.
Future trends to monitor include economic impacts on consumer spending, increasing focus on sustainable furniture practices, and potential shifts towards digitalization in service offerings that might influence the turnover in the furniture repair sector. Observing these elements will provide insights into further changes and opportunities in the market landscape.
Top countries in Turnover of Furniture and Home Furnishings Repair Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.13 | 2023 | +7.89% | +5.73% | View data |
| 2 | 2 Italy | 20.51 | 2023 | +0.72% | +0.49% | View data |
| 3 | 3 United Kingdom | 17.22 | 2023 | -0.12% | +1.31% | View data |
| 4 | 4 France | 10.46 | 2023 | -4.27% | -4.81% | View data |
| 5 | 5 Denmark | 5.84 | 2023 | -0.24% | +2.71% | View data |
| 6 | 6 Poland | 4.37 | 2023 | -0.16% | +0.55% | View data |
| 7 | 7 Spain | 4.1 | 2023 | +5.18% | +6.91% | View data |
| 8 | 8 Sweden | 2.53 | 2023 | -2.42% | -1.48% | View data |
| 9 | 9 Hungary | 1.98 | 2023 | +9.62% | +13.85% | View data |
| 10 | 10 Belgium | 1.55 | 2023 | +6.7% | +9.76% | View data |
