In 2023, Spain led the market with €35.35M, representing a 4.87% increase YoY. Italy, Portugal, Denmark, Estonia, and Serbia showed positive growth with Italy at 9.6%. France and major markets like UK and Germany saw declines, with Hungary facing a significant drop of -29.7%. Germany, a key market, fell by -13.47%, while new players like Lithuania and Portugal saw growth.
Future Trends
Monitoring technological advancements and sustainable innovations in stove and cooker manufacturing is crucial. The trend towards energy-efficient appliances will likely impact growth differently across Europe, benefiting manufacturers who adapt swiftly.
Top countries in Sold Production of Stoves, Cookers, Plate Warmers Parts Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 35.35 | 2023 | +2.19% | +4.87% | View data |
| 2 | 2 Italy | 26.2 | 2023 | +3.46% | +9.6% | View data |
| 3 | 3 Portugal | 12.42 | 2023 | +2.59% | +7% | View data |
| 4 | 4 France | 7.37 | 2023 | +4.55% | -0.87% | View data |
| 5 | 5 United Kingdom | 2.71 | 2023 | -9.87% | -8.63% | View data |
| 6 | 6 Czechia | 2.44 | 2023 | |||
| 7 | 7 Germany | 1.81 | 2023 | -21.25% | -13.47% | View data |
| 8 | 8 Lithuania | 1.73 | 2023 | +5.75% | +5.39% | View data |
| 9 | 9 Denmark | 1.18 | 2023 | +6.74% | +8.29% | View data |
| 10 | 10 Finland | 1.03 | 2023 | +1.42% | -3.84% | View data |
