Key Market Indicators
Portuguese expenditure on home goods is projected to hit approximately €11.3 billion by 2028, climbing from around €8.9 billion in 2023. This increase represents an annual compound growth rate (CAGR) of 3.8%. Since the turn of the millennium, demand for home goods in Portugal has seen a robust annual growth rate of 5.5%. In the current year, 2023, Portugal ranks 15th in this sector, with Denmark surpassing it with an expenditure also at €8.9 billion. In the broader European context, Italy, the United Kingdom, and France have secured the second, third, and fourth positions in the home goods expenditure ranking, respectively.
