The Electric Domestic Appliances market in Estonia showed a steady increase in per capita value over the last decade, starting from approximately €66 in 2013 to reaching €134 per capita in 2023. Year-on-year, 2022 saw a 1.49% increase compared to 2021, while 2023 experienced a 3.33% rise over the previous year. The compound annual growth rate (CAGR) over the last five years was 3.55%, indicating moderate growth driven by technological advancements and increased consumer spending.
Future trends to watch include the shift towards smart home appliances, driven by consumer interest in energy efficiency and automation. Sustainability will likely drive demand for eco-friendly products, impacting market dynamics and potentially spurring further growth.
How does Estonia rank in Electric Domestic Appliances Market Size Value Per Capita?
| # | 16 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 186.17 | 2023 | View data | ||
| 2 | 2 Finland | 167.04 | 2023 | View data | ||
| 3 | 3 France | 140.63 | 2023 | View data | ||
| 4 | 4 Estonia | 134.17 | 2023 | |||
| 5 | 5 United Kingdom | 121 | 2023 | View data | ||
| 6 | 6 Austria | 117.17 | 2023 | View data | ||
