Analysis of 2023 data on European household expenditure for routine maintenance reveals Italy leads with €27.31 billion, followed by Germany and Spain, indicating significant investment in home upkeep. Notably, Romania and Bulgaria showed substantial year-on-year growth, at 10.24% and 15.72% respectively, suggesting rapid development in maintenance expenditure. In contrast, Lithuania saw a slight decline. Northern European countries like Norway and Sweden had lower values, potentially reflecting different market dynamics or economic factors. Significant annual expansion in several Eastern European countries points to growing demands and economic shifts influencing household expenditure patterns.
Looking ahead, watch for increasing expenditure in Eastern Europe and the evolving performance of Western European markets. Potential shifts in household spending priorities and emerging economic factors, such as sustainability or technological advancements in maintenance goods, may also influence future trends.
Top countries in Household Expenditure on Goods and Services for Routine Household Maintenance by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27,310 | 2023 | +0.88% | +1.22% | View data |
| 2 | 2 Germany | 25,720 | 2023 | +1.21% | +5.84% | View data |
| 3 | 3 Spain | 14,450 | 2023 | +1.39% | +0.07% | View data |
| 4 | 4 France | 13,700 | 2023 | +0.85% | +2.24% | View data |
| 5 | 5 United Kingdom | 12,360 | 2023 | +1.5% | +1.75% | View data |
| 6 | 6 Netherlands | 6,440 | 2023 | +10.77% | +8.14% | View data |
| 7 | 7 Poland | 4,680 | 2023 | -5.15% | +4.02% | View data |
| 8 | 8 Romania | 4,580 | 2023 | +4.72% | +10.24% | View data |
| 9 | 9 Belgium | 4,530 | 2023 | +2.06% | +2.2% | View data |
| 10 | 10 Austria | 3,590 | 2023 | -0.59% | +1.87% | View data |
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