The domestic electric ovens market size in Portugal, expressed in volume per capita, increased from 0.01 in 2013 to 0.016 in 2023. The market saw a steady rise over the years, with a notable growth particularly after 2018. The year-on-year growth was moderate, with the most recent years (2022-2023) showcasing a 6.67% increase. Over the last five years, the compound annual growth rate (CAGR) stood at 2.66%, reflecting a steady but moderate upward trend.
Looking towards the future, trends to watch include an emphasis on energy-efficient models, integration with smart home technologies, and consumer preference shifts towards compact and multifunctional designs.
