In 2023, Germany led European household expenditure on houseware with a considerable share of 40.02 million euros, followed by France at 21.72 million euros, and Italy at 15.13 million euros. Notable increases were observed in Germany (7.28%), Netherlands (6.8%), and Finland (7.36%), indicating robust growth in these markets. Conversely, France experienced a slight decline (-0.18%), while Portugal showed the most significant drop (-4.1%). Smaller markets such as Lithuania, Latvia, and Estonia displayed strong growth with 9.69%, 8.92%, and 10.04% respectively. Over five years, the average yearly growth (CAGR) highlighted a diverse trend, with significant expansions in emerging markets.
Looking ahead, anticipate continued growth in larger markets such as Germany and emerging markets like Lithuania and Estonia due to increased consumer spending and economic stability. Additionally, a potential shift towards eco-friendly and smart houseware products could reshape spending patterns across Europe.
Top countries in Household Expenditure on Houseware Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.02 | 2023 | +4.87% | +7.28% | View data |
| 2 | 2 France | 21.72 | 2023 | -0.038% | -0.18% | View data |
| 3 | 3 Italy | 15.13 | 2023 | +0.9% | +5.83% | View data |
| 4 | 4 Netherlands | 8.13 | 2023 | +5.69% | +6.8% | View data |
| 5 | 5 Spain | 3.55 | 2023 | +1.34% | +0.23% | View data |
| 6 | 6 Belgium | 3.25 | 2023 | +1.8% | +3.75% | View data |
| 7 | 7 Austria | 2.27 | 2023 | +1.1% | +1.59% | View data |
| 8 | 8 Finland | 1.59 | 2023 | +1.58% | +7.36% | View data |
| 9 | 9 Portugal | 0.84 | 2023 | -17.06% | -4.1% | View data |
| 10 | 10 Greece | 0.81 | 2023 | +5.82% | +0.0016% | View data |
