In 2023, Germany led the European furniture repair market with a production value of 260.7 million euros, reflecting a 2.11% growth. Italy closely followed at 260.1 million euros, despite a slight 0.7% decline. The UK and France recorded mixed results, with a 0.8% increase and a 2.63% decline, respectively. Notable growth was seen in countries like Spain and Belgium, increasing by 6.77% and 7.38%, while Poland experienced a sharp 16.26% decline. Noteworthy is Bosnia and Herzegovina’s impressive 25.39% rise, indicating potential regional growth areas.
Future trends to watch include:
- Increasing focus on sustainability may drive demand for repair services.
- Potential market growth in Eastern Europe, given recent surges in some countries.
- Evolving consumer preferences could lead to fluctuations in value depending on design and material trends.
- Technological advancements in repair tools may enhance efficiency, impacting future production values.
Top countries in Production Value of Furniture and Home Furnishings Repair by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 260.7 | 2023 | +8.99% | +2.11% | View data |
| 2 | 2 Italy | 260.1 | 2023 | -0.34% | -0.7% | View data |
| 3 | 3 United Kingdom | 223.2 | 2023 | -0.09% | +0.8% | View data |
| 4 | 4 France | 161.9 | 2023 | -0.86% | -2.63% | View data |
| 5 | 5 Denmark | 87.8 | 2023 | +1.15% | +1.93% | View data |
| 6 | 6 Spain | 44.3 | 2023 | +4.24% | +6.77% | View data |
| 7 | 7 Sweden | 32.7 | 2023 | -1.21% | -1.41% | View data |
| 8 | 8 Belgium | 19.7 | 2023 | +3.68% | +7.38% | View data |
| 9 | 9 Poland | 18 | 2023 | -5.76% | -16.26% | View data |
| 10 | 10 Hungary | 17.8 | 2023 | +9.2% | +12.45% | View data |