In 2024, household expenditure on kitchenware varied significantly across European countries, with Bulgaria and Romania leading the pack at 0.6% of GDP. Germany saw notable growth with a 5.92% year-on-year increase, while Greece and Denmark experienced declines of 12.94% and 7.79% respectively. Noteworthy stagnant values were observed in countries such as Sweden, Croatia, and the United Kingdom.
Looking over the past five years, the compound annual growth rate (CAGR) indicated steady average increases in Poland and Italy, supported by their strong growth rates. Conversely, countries like Bosnia and Herzegovina have seen decreases, reflecting weaker market performance in these regions.
Future trends to watch for in European household expenditure on kitchenware include:
- Potential growth in Eastern European countries as their economies develop.
- Stability or decline in Western Europe due to saturated markets.
- Impact of economic policies and household income changes on expenditure patterns.
- Technological advancements and their adoption in kitchenware influencing spending.
Top countries in Household Expenditure on Kitchenware by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 0.6 | 2023 | 0% | +3.71% | View data |
| 2 | 2 Romania | 0.6 | 2023 | 0% | +3.71% | View data |
| 3 | 3 Bosnia and Herzegovina | 0.5 | 2023 | 0% | -3.58% | View data |
| 4 | 4 Sweden | 0.4 | 2023 | 0% | 0% | View data |
| 5 | 5 Croatia | 0.4 | 2023 | 0% | 0% | View data |
| 6 | 6 Germany | 0.4 | 2023 | 0% | +5.92% | View data |
| 7 | 7 United Kingdom | 0.4 | 2023 | 0% | 0% | View data |
| 8 | 8 Iceland | 0.3 | 2023 | +50% | 0% | View data |
| 9 | 9 Netherlands | 0.3 | 2023 | 0% | 0% | View data |
| 10 | 10 Latvia | 0.3 | 2023 | 0% | 0% | View data |
