The European furniture manufacturing industry shows varying trends across countries in 2023. Poland leads with a substantial enterprise count, showing a 3.59% growth. Italy saw a decline, losing 5.62%. The Netherlands, Germany, and Romania demonstrate growth at 3.52%, 1.07%, and 6.81% respectively. Conversely, Spain and France experienced declines of 3.41% and 2.36%. Growth is also observed in Hungary and Lithuania, with 4.86% and 3.98%, while Greece dropped by 6.15%. Smaller markets like Estonia and Denmark also recorded moderate growth.
Future trends to watch include potential growth in Eastern European countries, driven by cost advantages and increased export demand. Additionally, technological advancements and sustainability practices are likely to influence enterprise dynamics, possibly leading to consolidation in key Western markets. Monitoring policy changes and trade relations will also be critical as they could shift manufacturing landscapes.
Top countries in Furniture Manufacturing Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 25,300 | 2023 | +2.31% | +3.59% | View data |
| 2 | 2 Italy | 13,160 | 2023 | -5.47% | -5.62% | View data |
| 3 | 3 Netherlands | 11,080 | 2023 | +3.32% | +3.52% | View data |
| 4 | 4 Germany | 10,890 | 2023 | +0.78% | +1.07% | View data |
| 5 | 5 France | 10,280 | 2023 | -5.13% | -2.36% | View data |
| 6 | 6 Spain | 9,710 | 2023 | -3.35% | -3.41% | View data |
| 7 | 7 United Kingdom | 6,390 | 2023 | +0.16% | +0.019% | View data |
| 8 | 8 Romania | 5,680 | 2023 | +5% | +6.81% | View data |
| 9 | 9 Czech Republic | 5,120 | 2023 | -1.99% | -2.12% | View data |
| 10 | 10 Portugal | 4,190 | 2023 | -1.3% | -1.19% | View data |
