In 2023, Germany led European household expenditure on houseware with €14.55 billion, followed by France at €7.9 billion and Italy at €5.5 billion. Notable growth in household spending was seen in Germany (7.28%), Finland (7.36%), and Estonia (10.04%). In contrast, France and Portugal witnessed minor declines in expenditure. Over a five-year period, countries like Lithuania and Estonia enjoyed significant annual growth rates, influencing the European market positively.
Looking forward, expect technology integration in houseware and eco-friendly products to drive spending. Furthermore, varying economic conditions may influence consumer behavior across diverse European markets.
Top countries in Household Expenditure on Houseware by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14,550 | 2023 | +4.87% | +7.28% | View data |
| 2 | 2 France | 7,900 | 2023 | -0.038% | -0.18% | View data |
| 3 | 3 Italy | 5,500 | 2023 | +0.9% | +5.83% | View data |
| 4 | 4 Netherlands | 2,960 | 2023 | +5.69% | +6.8% | View data |
| 5 | 5 Spain | 1,290 | 2023 | +1.34% | +0.23% | View data |
| 6 | 6 Belgium | 1,180 | 2023 | +1.8% | +3.75% | View data |
| 7 | 7 Austria | 823.96 | 2023 | +1.1% | +1.59% | View data |
| 8 | 8 Finland | 579 | 2023 | +1.58% | +7.36% | View data |
| 9 | 9 Portugal | 304.1 | 2023 | -17.06% | -4.1% | View data |
| 10 | 10 Greece | 295.03 | 2023 | +5.82% | +0.0016% | View data |