Hungary Home Goods Industry Outlook 2024 - 2028

See how Hungary Home Goods performed compared to key markets such as Germany, Italy and the United Kingdom.

Key Market Indicators

Hungary's expenditure on home goods is projected to climb to €5.54 billion by 2028, up from €4.42 billion in 2023. This represents an annual growth rate of 3.6% over the five-year period. Since the turn of the millennium, demand for home goods in Hungary has been on the rise, increasing by an average of 5.9% each year. In 2023, Hungary ranked 21st in home goods expenditure globally. Slovakia, with the same expenditure of €4.42 billion, surpassed Hungary in the rankings. The leading countries in this sector for 2023 were Italy, the United Kingdom, and France, occupying the second, third, and fourth positions respectively.

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Hungary Home Goods Market Data and Forecasts