Industry Statistics and Trends
Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 0.1 % over the past five years, to reach an estimated €295.4m in 2023.
Trends and Insights
The coronavirus pandemic has led to varying levels of demand in the sales markets
- Consumers spent more time at home due to the coronavirus pandemic and the associated contact restrictions, but many households refurnished their homes and replaced old furniture with new, which meant that fewer repair services were utilised.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Sustainability issues are becoming more important, so consumers are becoming aware of the environmental impact of fast-furniture
- As part of the fast-furniture trend, consumers are replacing their furniture after a short time. New resources, such as wood, have to be used to manufacture new pieces of furniture. Repairing furniture is therefore fundamentally more environmentally friendly than buying new furnishings.
Biggest companies in the Furniture & Home Furnishings Repair in Germany
| Company | Market Share (%)
2023 | Revenue (€m)
2023 |
|---|---|---|
POS Polsterservice GmbH | 15.3 | |
Polsterei Vales GmbH | 3.0 | |
Restaurierungswerkstatt für Möbel und Holzobjekte Tischlermeisterin Barbara Naumburg | 0.3 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Repair of upholstered furniture, Restoration of furniture and Repair of wooden furniture. Repair of upholstered furniture is the largest segment of the Furniture & Home Furnishings Repair in Germany.
Trends and Insights
Repairers of upholstered furniture will be able to benefit from the boom in furniture sales during the corona pandemic
- The repair of upholstered furniture is in demand from private households for broken sofas and armchairs as well as from various companies such as fast food restaurants, hotels or public transport operators.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The industry includes the repair of all home and furnishing items from bathroom furniture to kitchen furniture and office furniture. This also includes reupholstering furniture and restoring old furniture and furnishings as well as assembling freestanding furniture.
What's included in this industry?
Repair of office furnitureRepair of dining and living room furnitureRepair of garden and bathroom furnitureRepair of kitchen furnitureRepair of upholstered furnitureRepair of bedroom furnitureCompanies
POS Polsterservice GmbHPolsterei Vales GmbHRestaurierungswerkstatt für Möbel und Holzobjekte Tischlermeisterin Barbara NaumburgPurchase this report to view all 5 major companies in this industry.
Related Terms
HANDWORK ROLLERFAST FURNITUREDIYVINTAGEIndustry Code
WZ 95.24 - Furniture & Home Furnishings Repair in Germany
Performance
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Analyst insights
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In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
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Analyst insight
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In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2023
- Product innovation level
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
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In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
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Analyst insights
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In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of POS Polsterservice GmbH's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Polsterei Vales GmbH's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Restaurierungswerkstatt für Möbel und Holzobjekte Tischlermeisterin Barbara Naumburg's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for POS Polsterservice GmbH, and factors influencing its performance in the industry
- Description and key data for Polsterei Vales GmbH, and factors influencing its performance in the industry
- Description and key data for Restaurierungswerkstatt für Möbel und Holzobjekte Tischlermeisterin Barbara Naumburg, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
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Analyst insights
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In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
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Analyst insights
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In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Top Questions Answered
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What is the market size of the Furniture & Home Furnishings Repair industry in Germany in 2024?
The market size of the Furniture & Home Furnishings Repair industry in Germany is €295.4m in 2024.
How many businesses are there in the Furniture & Home Furnishings Repair in Germany industry in 2023?
There are 1,127 businesses in the Furniture & Home Furnishings Repair industry in Germany, which has declined at a CAGR of 0.2 % between 2018 and 2023.
Has the Furniture & Home Furnishings Repair industry in Germany grown or declined over the past 5 years?
The market size of the Furniture & Home Furnishings Repair industry in Germany has been growing at a CAGR of 0.1 % between 2018 and 2023.
What is the forecast growth of the Furniture & Home Furnishings Repair industry in Germany over the next 5 years?
Over the next five years, the Furniture & Home Furnishings Repair industry in Germany is expected to grow.
What are the biggest companies in the Furniture & Home Furnishings Repair market in Germany?
The biggest companies operating in the Furniture & Home Furnishings Repair market in Germany are POS Polsterservice GmbH, Polsterei Vales GmbH and Restaurierungswerkstatt für Möbel und Holzobjekte Tischlermeisterin Barbara Naumburg
What does the Furniture & Home Furnishings Repair in Germany include?
Repair of office furniture and Repair of dining and living room furniture are part of the Furniture & Home Furnishings Repair industry.
Which companies have the highest market share in the Furniture & Home Furnishings Repair in Germany?
The company holding the most market share in Germany is POS Polsterservice GmbH.
How competitive is the Furniture & Home Furnishings Repair industry in Germany?
The level of competition is moderate and steady in the Furniture & Home Furnishings Repair industry in Germany.
Related Industries
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Competitors
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Complementors
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International industries
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Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Germany include:
- German Federal Statistics Office (Destatis)
- European Statistics Office (Eurostat)
- United Nations Comtrade
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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