The turnover for domestic appliances in Germany has shown a steady upward trend from 2013 to 2023, growing from €12.93 billion to €24.69 billion. The most notable year-on-year increase occurred in 2020, with a substantial 21.59% growth, likely due to increased home consumption during the pandemic. The long-term Compound Annual Growth Rate (CAGR) from 2018 to 2023 was approximately 7.42%, indicating robust growth. The data from 2024 onwards are forecasted, predicting a continued but slightly moderated CAGR of 3.62%, reaching €31.13 billion by 2028, equating to an estimated 19.47% growth over five years.

Future trends to watch for include:

An increased demand for energy-efficient and smart home appliances driven by rising consumer awareness and regulatory pressures.
Growth in e-commerce channels for domestic appliances, further accelerated by the pandemic-induced shift towards online shopping.
Potential market saturation and economic factors that may affect the purchasing power of consumers, possibly influencing future year-on-year growth rates.