Forecast: Household Expenditure on Houseware in Spain

In 2023, the household expenditure on houseware in Spain stood at 1.28 billion Euros. The forecasted data for 2024 predicts an expenditure of 1.3 billion Euros, showing a year-on-year increase of approximately 1.56%. In 2025, the expenditure is expected to increase to 1.31 billion Euros, reflecting a 0.77% rise from the previous year. 2026 anticipates a growth to 1.33 billion Euros, a 1.53% increase from 2025. By 2027, the forecasted expenditure is 1.34 billion Euros, a 0.75% increase, and 2028 projects a further increment to 1.35 billion Euros, another 0.75% increase. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 1.09%.

Future trends to watch for include potential impacts of economic fluctuations, changes in consumer preferences towards sustainable and eco-friendly houseware products, and technological advancements in houseware appliances that might drive consumer spending. Monitoring these factors will be essential for understanding and predicting household expenditure patterns in the coming years.