The Electric Domestic Appliances Parts market in Greece consistently expanded from 2013 to 2017, reaching 26.691 million Euros in 2017. However, the market faced fluctuations with a notable decline in 2018 and a period of stagnation and slight recovery thereafter, showing a value of 21.893 million Euros in 2023. Year-on-year variations highlight this volatility with significant decreases in 2018 and gradual recoveries towards 2023. The CAGR over the latest five years stands modestly at 1.12%, indicating restrained growth.
Future trends suggest focusing on technological advancements, energy efficiency, and environmental sustainability as key drivers for market growth. Monitoring consumer behavior and regulatory changes will also be crucial for understanding market dynamics.
How does Greece rank in Electric Domestic Appliances Parts Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 601,350,000 | 2023 | +1.24% | +1.12% | View data |
| 2 | 2 Slovenia | 417,350,000 | 2023 | +2.77% | +2.8% | View data |
| 3 | 3 United Kingdom | 297,810,000 | 2023 | +1.14% | +1.66% | View data |
| 4 | 4 Hungary | 205,520,000 | 2023 | +1.02% | -4.71% | View data |
| 5 | 5 Greece | 21,893,000 | 2023 | +3.9% | +1.12% | |
| 6 | 6 Denmark | 17,906,000 | 2023 | +8.48% | +10.34% | View data |
