The household expenditure on home goods in Germany shows a steady growth from 2024 through 2028. Starting at 1.65 thousand euros per capita in 2024, this expenditure is forecasted to increase year-on-year by approximately 2.42% to 1.69 in 2025. This trend holds consistent, with another 2.96% annual growth seen when the value reaches 1.74 in 2026. Following the same pace, 2027 and 2028 forecasted values grow similarly, reaching 1.79 and 1.83 thousand euros per capita respectively. In 2023, household expenditure on home goods was 1.61 thousand euros per capita.
Variations:
- From 2023 to 2024: 2.42%
- From 2024 to 2025: 2.42%
- From 2025 to 2026: 2.96%
- From 2026 to 2027: 2.87%
- From 2027 to 2028: 2.30%
- CAGR (2024-2028): 2.59%
Future trends to watch for include shifts in consumer preferences towards more sustainable and smart home goods, driven by both regulatory pressure and consumer demand for environmentally friendly products. Additionally, the ongoing digital transformation and economic factors such as inflation and disposable income distribution will play significant roles in shaping the expenditure trend.