In 2023, Germany led the European production of vacuum cleaner parts with 504.99 million euros, experiencing a 5.56% year-on-year growth. Italy followed distantly at 25.14 million euros. Hungary's production reached 18.821 million euros, reflecting a robust 9.76% growth. Denmark exhibited remarkable growth, jumping by 184.68% from its previous figures to 4.1896 million euros, whereas Finland recorded moderate growth at 3.98% with production at 0.40657 million euros. Estonia's contribution remains negligible at 0.054 million euros.
Future trends to watch include:
- Germany maintaining its lead due to strong industrial capabilities.
- Potential market share expansion for Hungary and Denmark driven by sustained growth.
- Technological advancements and environmental regulations influencing production shifts.
Top countries in Sold Production of Parts for Vacuum Cleaners by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 504,990,000 | 2023 | +7.48% | +5.56% | View data |
| 2 | 2 Italy | 25,140,000 | 2021 | +21.79% | View data | |
| 3 | 3 Hungary | 18,821,000 | 2023 | +4% | +9.76% | View data |
| 4 | 4 Denmark | 4,189,600 | 2023 | +13.97% | +184.68% | View data |
| 5 | 5 Finland | 406,570 | 2023 | -18.33% | +3.98% | View data |
| 6 | 6 Estonia | 54,000 | 2021 | +85.18% | -18.8% | View data |
