European Household Expenditure on Home Goods Share by Country indicates that Italy leads significantly with 37.26 million euros, followed by Spain at 17.61, and the Netherlands at 13.78. Smaller economies such as Latvia and Estonia show the least expenditure, with 0.48 and 0.45 million euros respectively. Over the past year, notable growth is observed in Slovakia (10.25%), Estonia (10.05%), and Ireland (9.09%), while Italy and Spain exhibit modest increases of 2.52% and 1.03% respectively. The Compound Annual Growth Rate (CAGR) over the past five years highlights a steady upward trend across all countries.
Future trends to watch include the potential for accelerated growth in smaller economies such as Estonia, Latvia, and Slovakia. Continued economic development and increased consumer spending power in these regions could significantly impact the overall European market share for home goods. Additionally, trends in sustainable and smart home products are expected to shape the market dynamics moving forward.
Top countries in Household Expenditure on Home Goods Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37.26 | 2023 | +1.64% | +2.52% | View data |
| 2 | 2 Spain | 17.61 | 2023 | +1.78% | +1.03% | View data |
| 3 | 3 Netherlands | 13.78 | 2023 | +6.56% | +7.56% | View data |
| 4 | 4 Belgium | 8.1 | 2023 | +2.89% | +3.74% | View data |
| 5 | 5 Austria | 7.68 | 2023 | +2.75% | +3.35% | View data |
| 6 | 6 Finland | 3.3 | 2023 | +2.84% | +4.17% | View data |
| 7 | 7 Ireland | 3.3 | 2023 | +13.44% | +9.09% | View data |
| 8 | 8 Greece | 2.56 | 2023 | +12.12% | +7.82% | View data |
| 9 | 9 Slovakia | 2.49 | 2023 | +17.61% | +10.25% | View data |
| 10 | 10 Lithuania | 1.35 | 2023 | +5.19% | +6.78% | View data |
