Households drive market demand, with household spending representing 56.4% of total demand in 2020. Sozialverband Vdk Deutschland EV is the largest company in Germany, generating 11.9% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 23.0% of total turnover in 2020. The total number of companies increases in 2020, to 13,579 units. The costs of the industry increase by 1.2% in 2020, largely driven by rising labour costs. The industry’s profitability decreases and stands at 4.4% of turnover in 2020, the 18th highest in the region. With turnover of USD36.7 billion, Germany accounts for 24.0% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Trade Unions, Professional, Political Organisations in Germany: ISIC 91. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Trade Unions, Professional, Political Organisations in Germany: ISIC 91 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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