In 2023, Italy led the European market in the number of enterprises involved in the repair of fabricated metal products with a share of 24.09%. Poland and Czech Republic followed, accounting for 17.28% and 15.19% respectively. UK, France, and Germany are other significant contributors, although Germany saw a slight decline of 0.71% year-on-year. Notable growths were recorded in Belgium with a 13.96% increase and Lithuania with a 12.3% rise. Conversely, Latvia and Bulgaria experienced significant contractions.
Future trends to monitor include potential expansions in Italy and Belgium, improving market positions in recovering economies like Estonia and Serbia, and challenges in maintaining market shares in Germany and Czech Republic. Additionally, evolving technologies and increasing focus on sustainability may reshape industry dynamics over the coming years.
Top countries in Fabricated Metal Products Repair Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24.09 | 2023 | +15.47% | +6.85% | View data |
| 2 | 2 Poland | 17.28 | 2023 | +4.8% | +4.1% | View data |
| 3 | 3 Czech Republic | 15.19 | 2023 | -1.99% | -3.69% | View data |
| 4 | 4 United Kingdom | 6.5 | 2023 | +3.03% | +3.53% | View data |
| 5 | 5 France | 5.22 | 2023 | -2.57% | +0.43% | View data |
| 6 | 6 Germany | 4.71 | 2023 | -0.11% | -0.71% | View data |
| 7 | 7 Belgium | 3.92 | 2023 | +8.85% | +13.96% | View data |
| 8 | 8 Slovakia | 3.72 | 2023 | +3% | +0.74% | View data |
| 9 | 9 Denmark | 3.14 | 2023 | -0.17% | +0.034% | View data |
| 10 | 10 Hungary | 2.94 | 2023 | +4.14% | +5.2% | View data |
