Between 2013 and 2023, the per capita value of the Electric Domestic Appliances market in Finland rose steadily from €121.37 to €167.03. Notable growth was observed between 2016 and 2019, peaking with year-on-year increases of up to 11.4%. In the most recent years, the market maintained an upward trajectory, with a 0.87% rise from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) was about 2.7%.
Future trends to watch for:
- Technological advancements could drive further market expansion.
- Increasing environmental awareness may shift demand towards energy-efficient appliances.
- Economic factors and disposable income changes will influence consumer spending behavior.
How does Finland rank in Electric Domestic Appliances Market Size Value Per Capita?
| # | 16 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 186.17 | 2023 | View data | ||
| 2 | 2 Finland | 167.04 | 2023 | |||
| 3 | 3 France | 140.63 | 2023 | View data | ||
| 4 | 4 Estonia | 134.17 | 2023 | View data | ||
| 5 | 5 United Kingdom | 121 | 2023 | View data | ||