The European road freight market for hardware, paints, and glass retail in specialized stores showed varying trends across countries. In 2023, Poland led the sector despite a 7.46% decline. Spain remained stable, whereas France and Slovakia saw growths of 3.13% and 20.11%, respectively. In contrast, Romania and Sweden faced significant reductions, with Romania dropping by 21.4%. Other countries like Portugal, Czech Republic, and Austria exhibited smaller fluctuations. The compound annual growth rates (CAGR) over five years suggest steady long-term trends, though the countries' economic and infrastructural factors could influence future outcomes significantly.
Future trends to observe include the impact of sustainability measures on road freight, with a potential increase in eco-friendly transportation initiatives. The European Union's push for greener logistics may alter the sector's dynamics. Additionally, digitalization and the integration of advanced supply chain technologies might enhance efficiency, impacting volume variations. Markets in Eastern Europe could become pivotal, influenced by regional economic growth and infrastructure development.
Top countries in Road Freight Volume of Hardware, Paints and Glass Retail in Specialised Stores Sector Share by Country (Million Vehicle-Kilometers)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 26.03 | 2023 | 0% | -7.46% | View data |
| 2 | 2 Spain | 12.33 | 2023 | 0% | 0% | View data |
| 3 | 3 Portugal | 9.59 | 2023 | +40% | -6.89% | View data |
| 4 | 4 France | 9.59 | 2023 | +75% | +3.13% | View data |
| 5 | 5 Czech Republic | 6.85 | 2023 | 0% | -6.51% | View data |
| 6 | 6 Slovakia | 6.85 | 2023 | +66.67% | +20.11% | View data |
| 7 | 7 Austria | 5.48 | 2023 | 0% | +5.92% | View data |
| 8 | 8 Romania | 4.11 | 2023 | 0% | -21.4% | View data |
| 9 | 9 Norway | 4.11 | 2023 | +50% | +3.71% | View data |
| 10 | 10 Greece | 2.74 | 2023 | 0% | 0% | View data |