In Spain, the domestic electric coffee or tea makers market value per capita increased from 2.49 Euros in 2013 to 3.13 Euros by 2023, exhibiting a CAGR of 1.9% over the last five years. Notably, the market demonstrated resilience post-2020 with a 1.4% increase in 2021 and a modest growth trend of 0.6% in 2023.
Future trends to watch for include:
- An increasing inclination towards energy-efficient devices.
- Rising consumer preference for smart kitchen appliances.
- Impact of sustainability trends on purchasing decisions.