In 2023, the market size value of electric domestic appliances in Germany per capita stood at €65.02. Looking forward, forecasts show a steady increase: €65.91 in 2024, €66.64 in 2025, €67.38 in 2026, €68.11 in 2027, and €68.84 in 2028.
Year-on-year, the value increases are approximately 1.38% for 2024, 1.11% for 2025, 1.11% for 2026, 1.08% for 2027, and 1.07% for 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at around 1.15%.
Future trends to monitor include technological innovations in smart appliances, environmentally friendly energy consumption, and changes in consumer purchasing power. These factors could significantly influence market dynamics.
