Germany leads the European household expenditure on home furnishing with €46.64 million, followed by Italy at €21.96 million and the Netherlands at €9.17 million. Other notable markets include Spain (€8.16 million) and Belgium (€4.97 million). Smaller markets include Portugal, Finland, Ireland, Slovakia, Lithuania, Greece, Slovenia, Luxembourg, and Estonia with shares ranging from €1.98 million to €0.27 million. In 2023, variations showed significant increases in Slovakia (11.79%), Ireland (10.33%), and Greece (10.81%), while Luxembourg (1.55%) and Italy (1.16%) experienced the lowest growth. The market demonstrates consistent growth, particularly in less mature markets like Estonia (9.14%) and Ireland.
Future trends to watch in the European household expenditure on home furnishing include the adoption of sustainable and eco-friendly products, advancements in smart home technologies, and the expanding influence of e-commerce. These factors are expected to drive further growth, with emerging markets showing potential for higher increases in expenditure.
Top countries in Household Expenditure on Home Furnishing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46.64 | 2023 | +2.97% | +5.16% | View data |
| 2 | 2 Italy | 21.96 | 2023 | +1.35% | +1.16% | View data |
| 3 | 3 Netherlands | 9.17 | 2023 | +5.86% | +7.3% | View data |
| 4 | 4 Spain | 8.16 | 2023 | +1.45% | +2.91% | View data |
| 5 | 5 Belgium | 4.97 | 2023 | +2.73% | +4.64% | View data |
| 6 | 6 Portugal | 1.98 | 2023 | +1.26% | +6.36% | View data |
| 7 | 7 Finland | 1.85 | 2023 | +1.33% | +3.47% | View data |
| 8 | 8 Ireland | 1.75 | 2023 | +2.77% | +10.33% | View data |
| 9 | 9 Slovakia | 1.33 | 2023 | +20.69% | +11.79% | View data |
| 10 | 10 Lithuania | 0.69 | 2023 | +2.14% | +5.87% | View data |
