The European sold production of laundry-type washing machines shows Germany leading at 188.22 million euros, followed by Spain at 87.874 million euros. Both countries experienced year-on-year growth rates in 2023 of 11.05% and 1.26% respectively. Sweden remained stable, while Italy showed a significant decline of 15.48%. France experienced moderate growth at 2.51%, and Poland saw a slight increase of 2.44%. Portugal maintained the same level. The five-year CAGR suggests moderate growth across the industry, driven primarily by advancements in technology and sustainability efforts in German and Spanish markets.
Future trends to watch include the increasing demand for energy-efficient models, influencing consumer preferences and production strategies. Market expansion in Eastern Europe presents opportunities, while pressure from regulatory bodies for eco-friendly innovations could spur industry advancements.
Top countries in Sold Production of Laundry-Type Washing Machines by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 188,220,000 | 2023 | +11.54% | +11.05% | View data |
| 2 | 2 Spain | 87,874,000 | 2023 | +9.23% | +1.26% | View data |
| 3 | 3 Sweden | 21,470,000 | 2023 | +7.2% | View data | |
| 4 | 4 Italy | 18,665,000 | 2023 | -9.5% | -15.48% | View data |
| 5 | 5 France | 14,039,000 | 2023 | +4.28% | +2.51% | View data |
| 6 | 6 Portugal | 1,040,200 | 2023 | +7.26% | View data | |
| 7 | 7 Poland | 277,150 | 2023 | +0.11% | +2.44% | View data |