The European household expenditure on household appliances shows significant variation across countries, with Germany leading at €16.59 billion. Italy follows with €9.78 billion, and Spain stands at €5.64 billion. The Netherlands and Austria have expenditures of €3.15 billion and €2.41 billion, respectively. Smaller economies such as Portugal (€1.88 billion), Finland (€1.12 billion), and Slovakia (€1.05 billion) exhibit more modest figures. Greece, Lithuania, Ireland, Croatia, and Estonia reflect the least expenditures, each under €1 billion.
The year-on-year variation for 2023 demonstrates notable increases:
- Germany: 2.3%
- Italy: 6.64%
- Spain: 1.82%
- Netherlands: 8.41%
- Austria: 4.2%
- Portugal: 8.25%
- Finland: 3.63%
- Slovakia: 8.7%
- Greece: 6.59%
- Lithuania: 8.38%
- Ireland: 9.05%
- Croatia: 5.11%
- Estonia: 10.11%
Future trends to watch in Europe include an ongoing growth trajectory in household appliance expenditures, accelerated by technological advancements and increased disposable incomes. A continuous focus on energy-efficient and smart appliances is likely to further stimulate consumer interest and spending. Additionally, regional disparities may narrow as emerging economies catch up with their more developed counterparts.
Top countries in Household Expenditure on Household Appliances by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,590 | 2023 | +1.16% | +2.3% | View data |
| 2 | 2 Italy | 9,780 | 2023 | +1.4% | +6.64% | View data |
| 3 | 3 Spain | 5,640 | 2023 | +1.7% | +1.82% | View data |
| 4 | 4 Netherlands | 3,150 | 2023 | +5.43% | +8.41% | View data |
| 5 | 5 Austria | 2,410 | 2023 | +0.53% | +4.2% | View data |
| 6 | 6 Portugal | 1,880 | 2023 | +9.37% | +8.25% | View data |
| 7 | 7 Finland | 1,120 | 2023 | +1.72% | +3.63% | View data |
| 8 | 8 Slovakia | 1,050 | 2023 | +7.53% | +8.7% | View data |
| 9 | 9 Greece | 793.82 | 2023 | +8.91% | +6.59% | View data |
| 10 | 10 Lithuania | 657.38 | 2023 | +3.26% | +8.38% | View data |
