The domestic electric coffee or tea makers market in Denmark has experienced varied trends over the last decade. Starting at 41.208 million euros in 2013, the market saw declines until 2015, followed by a notable rebound from 2016 onwards. By 2023, the market size reached 52.919 million euros. Despite fluctuations, the market demonstrated a gradual upward trend with a compound annual growth rate (CAGR) over the last five years of 2.24%. Year-on-year growth consistently slowed down from 2019 to 2023, pointing towards market stability.
Future trends to watch include:
- Innovations in product technology
- Shifts in consumer preferences towards sustainable and energy-efficient models
- Potential market saturation and replacement cycles impacting sales
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 816,890,000 | 2023 | +1.97% | +1.74% | View data |
| 2 | 2 United Kingdom | 224,790,000 | 2023 | +2.8% | +3.53% | View data |
| 3 | 3 France | 182,590,000 | 2023 | -4.07% | -3.63% | View data |
| 4 | 4 Spain | 147,750,000 | 2023 | +1.17% | +1.85% | View data |
| 5 | 5 Denmark | 52,919,000 | 2023 | +1.36% | +2.24% |
