The projected market size value per capita for electric domestic appliances in Belgium shows a slight decline over the forecast period from 2024 to 2028. In 2023, the value stood at €97 per capita. The year-on-year variation indicates a marginal decrease of approximately 0.03% from 2024 to 2028. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) reflects a relatively stable market with an average decline of 0.02% per year.
Future trends to watch for:
- Technological advancements that could drive up consumer demand.
- Economic fluctuations impacting consumer purchasing power.
- Environmental regulations influencing the types of appliances available.
- Shifts in consumer preferences towards energy-efficient and smart appliances.
