|
|
2010-09-10 00:00:00
|
The New member states of the EU offer excellent opportunities for the Woodworking technology suppliers.
Europe is the largest market in the world for companies selling Woodworking machinery and technology, whilst 2010/2011 growth in the Old 25 EU counties is set to be 4% the new EU counties of Central and Eastern Europe will growth of over 11%. The largest industry in the Central and Eastern European counties for Wood working technology is the furniture industry and this represents 58% of the total market share, the construction industry represents 23% of the Wood working industry of Central and Eastern Europe.
The total turn over for the Woodworking industries with in the EU 25 is € 240 000 million in 2009 and Central and Eastern Europe counties account for 22% of this at over €52 000 million euro. Over 40% of the Woodworking industry is in Poland and Poland is the 7th largest manufacturer with in the EU of products manufactured from Wood. Czech is 7% of the market, Slovenia and Hungary are just over 7% each. The Baltic counties of Latvia, Lithuania and Estonia showed double digit growth in the wood working industry in 2007.
CeeIndustrial.com feels the Construction industry has the largest potential for growth for the Woodworking industry with in the Central and Eastern European region for the next 5 years. An area of Hugh potential with in the Construction industry is the RMI (Repairs, maintenance and improvement) which will account for 32% of the Woodworking industry by 2014.
The growth in the Panels industry tends to be dictated by the Larger Western European producers of reconstituted wood based panels as these business are increasing moving there production to CEE and making use of the lower labour costs and the expanding market potential of the Central and Eastern region.
If you are a manufacturing of technology needed for the Manufacture of Wood working technology then there has never been a better time to do business in Central and Eastern Europe and through CeeIndustrial.com. You have an excellent route to market and get visibility for your brand in 9 languages on the leading platform for Woodworking technology dedicated to Central and Eastern Europe.
|
|
|