The Croatian market for fire extinguishers, spray guns, steam or sand blasting machines, and similar mechanical appliances, except for use in agriculture, closed 2023 with a market size value of 56.297 million Euros. From 2013 to 2023, the market experienced fluctuations, with a robust growth trend observed from 2016 to 2020, peaking in 2020 before declining in 2021 and gradually stabilizing up to 2023. During the last five years, the market exhibited a compound annual growth rate (CAGR) of 2.76%, showcasing moderate but steady growth, albeit with notable year-on-year variations.
Future Trends to Watch for:
- The increasing focus on safety regulations might drive demand for fire extinguishers and related equipment.
- Technological advancements could push the demand for more efficient and environmentally friendly mechanical appliances.
- Adoption of automation and a push towards digital solutions may stimulate growth in spray guns and blasting machinery.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,055,600,000 | 2023 | +3.35% | +3.19% | View data |
| 2 | 2 Spain | 339,140,000 | 2023 | +0.49% | +1.06% | View data |
| 3 | 3 Romania | 97,431,000 | 2023 | +4.81% | +2.99% | View data |
| 4 | 4 Croatia | 56,297,000 | 2023 | +4.87% | +2.76% | |
| 5 | 5 Ireland | 44,332,000 | 2023 | +5.31% | +6.27% | View data |
| 6 | 6 Estonia | 13,662,000 | 2023 | +6.14% | +10.28% | View data |