Forecast: Domestic Appliances Turnover in Finland

The domestic appliances turnover in Finland has seen various shifts over the years. Starting at 125.5 million euros in 2013, there was a notable drop by 2015. Although there was a minor rise between 2016 and 2017, values peaked again in 2019 at 132 million euros before dipping in subsequent years. Specifically, in 2023, the market stood at 115.8 million euros, emphasizing a declining trend in recent years. The average variation per year (CAGR) over the last five years shows a decrease of approximately 1.78%, indicating a persistent downward trend.

Future trends to watch for:

  • Potential contraction in the market reflected by a forecasted 11.09% decline by 2028.
  • A steady decrease in value at a forecasted CAGR of -2.32% for the next five years.
  • Influences of economic factors, consumer spending, and advancements in technology on overall market performance.

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