In 2023, Italy leads the European household expenditure on home goods at 75.2 billion euros. Spain and Netherlands follow with 35.55 billion and 27.82 billion respectively. Notable growth was observed in Ireland (9.09%) and Slovakia (10.25%). Estonia and Latvia show remarkable growth rates, though they have smaller market sizes. The five-year CAGR indicates a consistent upward trend across most countries.
Future trends to watch include continued growth in emerging markets like Slovakia and Latvia, driven by digital commerce expansion and rising disposable incomes. Sustainability will likely influence purchasing behaviors in more developed markets such as Italy and the Netherlands.
Top countries in Household Expenditure on Home Goods by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 75,200 | 2023 | +1.64% | +2.52% | View data |
| 2 | 2 Spain | 35,550 | 2023 | +1.78% | +1.03% | View data |
| 3 | 3 Netherlands | 27,820 | 2023 | +6.56% | +7.56% | View data |
| 4 | 4 Belgium | 16,340 | 2023 | +2.89% | +3.74% | View data |
| 5 | 5 Austria | 15,500 | 2023 | +2.75% | +3.35% | View data |
| 6 | 6 Finland | 6,660 | 2023 | +2.84% | +4.17% | View data |
| 7 | 7 Ireland | 6,650 | 2023 | +13.44% | +9.09% | View data |
| 8 | 8 Greece | 5,170 | 2023 | +12.12% | +7.82% | View data |
| 9 | 9 Slovakia | 5,030 | 2023 | +17.61% | +10.25% | View data |
| 10 | 10 Lithuania | 2,720 | 2023 | +5.19% | +6.78% | View data |
