The European household expenditure on home hardware shows significant variance across countries for 2023. France leads with 32.27 million euros, followed by Italy with 19.67 million euros. Spain and the Netherlands also show notable expenditures with 13.26 and 10.54 million euros, respectively. Smaller markets such as Austria, Finland, Portugal, and Greece exhibit slower but steady growth, while emerging markets like Croatia, Ireland, Slovakia, Slovenia, Luxembourg, Estonia, and Latvia display varying degrees of market penetration ranging from 2.19 to 0.38 million euros. Year-on-year growth trends highlight significant increases in countries such as Greece (17.44%), Latvia (13.18%), and Estonia (10.61%), underpinning rapid market expansion.
Future trends to watch for include the impact of increased digitalization and e-commerce on home hardware sales, potential market stabilization in rapidly growing countries, and the economic implications of continuing geopolitical dynamics within Europe that could either dampen or foster growth. Additionally, sustainability and energy-efficient home hardware products are expected to gain traction across markets, affecting expenditure patterns.
Top countries in Household Expenditure on Home Hardware Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 32.27 | 2023 | +1.48% | +1.94% | View data |
| 2 | 2 Italy | 19.67 | 2023 | +1.59% | +7.5% | View data |
| 3 | 3 Spain | 13.26 | 2023 | +5.83% | +2.27% | View data |
| 4 | 4 Netherlands | 10.54 | 2023 | +6.1% | +8.1% | View data |
| 5 | 5 Austria | 6.15 | 2023 | +1.82% | +3.15% | View data |
| 6 | 6 Finland | 4.46 | 2023 | +2.98% | +4.9% | View data |
| 7 | 7 Portugal | 2.79 | 2023 | +5.76% | +5.15% | View data |
| 8 | 8 Greece | 2.4 | 2023 | +12.7% | +17.44% | View data |
| 9 | 9 Croatia | 2.19 | 2023 | +3.11% | +6.79% | View data |
| 10 | 10 Ireland | 1.74 | 2023 | +0.77% | +9.95% | View data |
