In 2023, Italy led the European domestic appliances production market with a value of €5.74 billion, despite a 1.35% decline from the previous year. Poland closely trailed with €5.7 billion, showcasing a 2.15% growth, followed by France with €4.44 billion, growing by 2.1%. Significant growth was observed in Hungary (5.94%) and Bulgaria (6.25%), indicating emerging markets. The United Kingdom and Spain experienced notable declines of 2.36% and 4.63% respectively. Among smaller markets, Croatia's production dramatically dropped by 22.88%, while Finland and Serbia maintained modest growth with increases of 3.6% and 2.67% respectively.
Future trends suggest steady growth in Eastern European countries, driven by improving manufacturing capabilities and potential increases in domestic and foreign investments. Italy, despite its leading position, may need to address declining production values to maintain its lead. Overall, innovation, sustainability, and automation will be key factors to watch.
Top countries in Electric Domestic Appliances Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 5,740 | 2023 | -3.12% | -1.35% | View data |
| 2 | 2 Poland | 5,700 | 2023 | +2.33% | +2.15% | View data |
| 3 | 3 France | 4,440 | 2023 | +2.61% | +2.1% | View data |
| 4 | 4 Hungary | 1,580 | 2023 | +13.24% | +5.94% | View data |
| 5 | 5 Spain | 1,520 | 2023 | -3.94% | -4.63% | View data |
| 6 | 6 United Kingdom | 1,370 | 2023 | -2.48% | -2.36% | View data |
| 7 | 7 Slovenia | 913.7 | 2023 | -0.11% | +0.33% | View data |
| 8 | 8 Austria | 665.9 | 2023 | +0.77% | +1.11% | View data |
| 9 | 9 Czech Republic | 544.1 | 2023 | +0.91% | +7.09% | View data |
| 10 | 10 Bulgaria | 413.9 | 2023 | +3.29% | +6.25% | View data |
