The market is dominated by domestic suppliers, as imports account for 14.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 40.0% of total demand in 2022. Italy has the third largest market size for furniture regionally, with demand reaching USD33.4 billion in 2022. Lear Corp Italia SpA is the largest company in Italy, generating 2.2% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 7.6% of total production value in 2022. The total number of companies decreases in 2022, to 42,867 units. The costs of the industry decrease by 10.3% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 12.2% of production value in 2022, the ninth highest regionally. The industry’s exports share increases in 2022 to 35.1% of total production output. With production value of USD31.8 billion, Italy accounts for 21.1% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Furniture in Italy: 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 Italy: 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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