In 2023, Germany dominated the European non-electric domestic appliances market, commanding a significant turnover share, followed by France and Italy. While Germany experienced a robust growth of 9.38% year-on-year, the UK and several other countries noted a decline or marginal growth, notably Austria with a significant drop. In contrast, Bulgaria and Cyprus witnessed substantial increases. The compound annual growth rate (CAGR) for the last five years suggests varied performance across nations, showing Germany leading with consistent growth.
Future trends to watch in 2024 and beyond include:
- Continued growth in Germany driven by innovation and export capabilities.
- France and Italy focusing on sustainable product lines to regain market momentum.
- Potential declines in UK and Finland due to economic pressures.
- Growth opportunities for emerging markets like Bulgaria and Serbia as they expand manufacturing capabilities.
Top countries in Non-Electric Domestic Appliances Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42.54 | 2023 | +8.02% | +9.38% | View data |
| 2 | 2 France | 12.17 | 2023 | +1.04% | +2.1% | View data |
| 3 | 3 Italy | 11.5 | 2023 | +0.84% | +0.19% | View data |
| 4 | 4 United Kingdom | 10.45 | 2023 | -1.08% | -0.78% | View data |
| 5 | 5 Portugal | 5.38 | 2023 | +1.18% | -1.46% | View data |
| 6 | 6 Spain | 3.66 | 2023 | -2.6% | -3.25% | View data |
| 7 | 7 Czech Republic | 2.39 | 2023 | +2.34% | +2.92% | View data |
| 8 | 8 Greece | 1.73 | 2023 | +4.9% | +1.66% | View data |
| 9 | 9 Slovakia | 1.39 | 2023 | +2.95% | -0.77% | View data |
| 10 | 10 Poland | 1.22 | 2023 | +0.14% | -0.054% | View data |
