Over the last five years, the industry has experienced an increase in profitability
CSIL performed a financial analysis of the European lighting business based on a sample of 510 European companies active in the lighting sector, which presented consistent financial data for the period 2012-2016.
During 2017, the lighting market in the CEE region reported a high rate of growth
Despite increasing sales, profitability was relatively lower compared to the Western region. Still, a few positive exceptions have emerged: Elba in Romania, Rabalux in Hungary and Vyrtych in the Czech Republic.
CSIL estimates a production of Eur 9.8 billion in 2017
The seventh edition of the CSIL report “The Contract Furniture and Furnishings Market in Europe” provides a comprehensive picture of the European contract furniture market with a focus on 17 countries.