Industry Statistics and Rankings
How does this industry perform in Bosnia & Herzegovina compared to Europe?
Country Benchmarking
Industry Data Bosnia & Herzegovina
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#29 In EuropeBusiness
#29 In EuropeEmployees
#20 In EuropeWages
#30 In EuropeThe Furniture Manufacturing in Bosnia & Herzegovina ranks 29 in Europe with regards to its 2024 revenue (€532.2m). Revenue received by operators in Bosnia & Herzegovina has been low in volatility over the past five-year period, with the average annual change in revenue (1.5 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Furniture Manufacturing industry in Bosnia & Herzegovina in 2024?
The market size of the Furniture Manufacturing industry in Bosnia & Herzegovina is €532.2m in 2024.
How many businesses are there in the Furniture Manufacturing in Bosnia & Herzegovina industry in 2024?
There are 784 businesses in the Furniture Manufacturing industry in Bosnia & Herzegovina, which has grown at a CAGR of 7.3 % between 2019 and 2024.
Has the Furniture Manufacturing industry in Bosnia & Herzegovina grown or declined over the past 5 years?
The market size of the Furniture Manufacturing industry in Bosnia & Herzegovina has been growing at a CAGR of 1.5 % between 2019 and 2024.
What is the forecast growth of the Furniture Manufacturing industry in Bosnia & Herzegovina over the next 5 years?
Over the next five years, the Furniture Manufacturing industry in Bosnia & Herzegovina is expected to grow.
What does the Furniture Manufacturing in Bosnia & Herzegovina include?
Office and shop furniture and Kitchen furniture are part of the Furniture Manufacturing industry.
How competitive is the Furniture Manufacturing industry in Bosnia & Herzegovina?
The level of competition is high and steady in the Furniture Manufacturing industry in Bosnia & Herzegovina.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Furniture & Home Furnishings Repair in Bosnia and Herzegovina
Complementors
- Medical & Dental Instrument & Supplies Manufacturing in Bosnia & Herzegovina
- Railway Equipment Manufacturing in Bosnia & Herzegovina
- Specialised Design Activities in Bosnia & Herzegovina
- Home Textile & Soft Furnishing Manufacturing in Bosnia & Herzegovina
Table of Contents
About this industry
Industry definition
Furniture manufacturers produce a range of furniture, including furniture for offices and shops, kitchens, mattresses, sofas, garden furniture, beds, cabinets and drawers. The industry caters for a range of markets, including businesses and consumers.
What's included in this industry?
Office and shop furnitureKitchen furnitureMattressesIndustry Code
31 - Manufacture of furniture in Bosnia & Herzegovina
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Furniture Manufacturing in Bosnia & Herzegovina
- Employees in the Furniture Manufacturing in Bosnia & Herzegovina
- Business in the Furniture Manufacturing in Bosnia & Herzegovina
- Profit in the Furniture Manufacturing in Bosnia & Herzegovina
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Furniture must meet safety regulations. For upholstered furniture, manufacturers have to make sure they meet safety requirements relating to the products’ flammability.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Furniture Manufacturing in Bosnia & Herzegovina industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Price competition restricts profitability. Furniture manufactures compete with other European producers, as well as low-cost imported products, so competing on price at the expense of profitability helps to secure sales.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Furniture Manufacturing in Bosnia & Herzegovina industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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