The forecast for non-electric domestic appliances turnover in Germany shows a consistent growth trajectory from 2024 to 2028. Starting at 2.76 billion euros in 2024, the turnover increases steadily each year, reaching 3.5 billion euros by 2028. This growth pattern indicates a compound annual growth rate (CAGR) of approximately 6% over this period.
Key year-on-year growth trends include:
- 2024 to 2025: 6.88% increase
- 2025 to 2026: 6.10% increase
- 2026 to 2027: 6.07% increase
- 2027 to 2028: 5.42% increase
In 2023, the baseline turnover was significantly lower, providing a foundation for observed trends.
Future trends to watch for include technological advancements affecting product demand, potential market saturation, and economic factors like inflation that might impact consumer spending. Additionally, a focus on sustainability could drive new product developments and influence turnover dynamics.
