Sales of 22.6 billion euros were 3.6 percent lower than in 2022. Only the kitchen furniture sector was able to buck the trend with growth of 2.9 percent.
The construction industry is suffering from rising interest rates and material costs. Despite high sales increases in online furniture retail in recent years, boosted by the Corona pandemic, the market remains mainly in the hands of stationary retailers. The prospects for the new year are also not particularly rosy. The full extent of the housing construction will probably only begin to reach retailers this year.