In 2023, Italy led the European market for iron or steel gas domestic cooking appliances and plate warmers, capturing a significant share at €52.32 million, with a moderate growth of 2.21% year-over-year. Romania followed with €17.16 million, although it faced a decrease of 2.85%. The UK and Poland faced substantial declines, shrinking by 12.13% and 14.92%, respectively. Portugal experienced a slight decline, whereas France and Spain presented mixed results with reductions and minimal growth, respectively. Notably, Denmark and Hungary showed no change in their small shares of the market.
Looking ahead, the European market for these products may see growth driven by increasing consumer demand for energy-efficient appliances and innovations in smart home technology. However, economic factors, regulatory changes, and shifts in consumer preferences could impact production dynamics across countries. Italy is likely to maintain its leadership, while Poland and the UK may face challenges or need strategic advancements to rebalance their market positions.
Top countries in Sold Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers, with an Oven Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 52.32 | 2023 | +2.4% | +2.21% | View data |
| 2 | 2 Romania | 17.16 | 2023 | -0.92% | -2.85% | View data |
| 3 | 3 United Kingdom | 11.51 | 2023 | -16.15% | -12.13% | View data |
| 4 | 4 Poland | 9.02 | 2023 | -18.02% | -14.92% | View data |
| 5 | 5 Portugal | 4.5 | 2023 | -0.51% | -2.18% | View data |
| 6 | 6 France | 3.21 | 2023 | -7.05% | -11.59% | View data |
| 7 | 7 Spain | 1.3 | 2023 | -2.46% | +2.96% | View data |
| 8 | 8 Denmark | 0.006 | 2023 | +25.27% | View data | |
| 9 | 9 Hungary | 0 | 2023 | +7.25% | View data |
