The European office equipment market in 2023 saw Germany leading with a turnover share of 68.27 million euros, significantly outpacing other countries. The United Kingdom and Italy followed with 13.56 and 6.5 million euros, respectively. Germany experienced a remarkable 26.07% year-on-year increase, while the UK saw a slight decline of 0.79%. Noteworthy growth was also seen in Slovakia, Italy, and Greece, with variations of 26.41%, 14.59%, and 12.08% respectively. France experienced a substantial decline of 12.12%.
Future trends to watch include the continued dominance of Germany, the recovery efforts in France, and the potential growth in emerging markets like Slovakia and Greece. The overall European market is expected to evolve with technological advancements and changing workplace needs influencing equipment demand.
Top countries in Office Equipment Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 68.27 | 2023 | +17.53% | +26.07% | View data |
| 2 | 2 United Kingdom | 13.56 | 2023 | -1.1% | -0.79% | View data |
| 3 | 3 Italy | 6.5 | 2023 | +18.15% | +14.59% | View data |
| 4 | 4 Bulgaria | 3.29 | 2023 | +9.68% | +4.66% | View data |
| 5 | 5 Slovakia | 1.11 | 2023 | +4.69% | +26.41% | View data |
| 6 | 6 Poland | 0.59 | 2023 | -2.23% | -2.23% | View data |
| 7 | 7 France | 0.54 | 2023 | -17.7% | -12.12% | View data |
| 8 | 8 Czech Republic | 0.53 | 2023 | +6.71% | +2.75% | View data |
| 9 | 9 Romania | 0.39 | 2023 | +9.83% | +3.83% | View data |
| 10 | 10 Greece | 0.27 | 2023 | +4.14% | +12.08% | View data |
