European Household Expenditure on Maintenance and Repair of Dwelling by Country

In 2023, European household expenditure on maintenance and repair of dwellings was diverse across countries. France led with €23.79 billion, followed by Germany at €18.3 billion, and Italy at €9.67 billion. Spain recorded €5.4 billion, the Netherlands €1.9 billion, and smaller economies like Lithuania and Luxembourg under €1 billion. Recent year-on-year variations showed substantial growth in Netherlands, Germany, and Latvia with over 7% increases, while Spain and Croatia experienced contractions. Over the past two years, Portugal emerged with a notable increase of 13.16%, signaling robust investment in home maintenance in 2023.

Looking ahead to 2024 and beyond, expect a continued emphasis on sustainability, which may increase expenditure on eco-friendly materials. Economic conditions and government incentives might influence investment levels across Europe. Watch for advancements in smart home technologies driving repairs and maintenance demand in tech-forward markets.