The market is dominated by domestic suppliers, as imports account for 39.6% of total market size in 2022. Households drive market demand, with household spending representing 69.1% of total demand in 2022. Germany has the largest market size for furniture regionally, with demand reaching USD51.6 billion in 2022. Nobilia-Werke J Stickling GmbH & Co KG is the largest company in Germany, generating 5.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 15.7% of total production value in 2022. The total number of companies increases in 2022, to 21,699 units. The costs of the industry decrease by 4.2% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 10.2% of production value in 2022, the 16th highest regionally. The industry’s exports share decreases in 2022 to 31.7% of total production output. With production value of USD31.0 billion, Germany accounts for 20.6% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Furniture in Germany: ISIC 361. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Furniture in Germany: ISIC 361 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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