As of 2024, Germany is forecasted to produce 46.11 thousand electric bakery and biscuit ovens. The production shows a slight declining trend, decreasing steadily each year to reach 45.79 thousand units by 2028. This represents minimal year-on-year variations, with a consistent decrease of approximately 0.17% annually. The Compound Annual Growth Rate (CAGR) over five years indicates a steady decline in production.
Key future trend to watch for:
- The increasing focus on energy efficiency could drive the development of more advanced electric ovens, potentially affecting production volumes.
- Growing environmental concerns could lead to stricter regulations, impacting production strategies and potentially fostering innovations in the sector.