The Electric Domestic Appliances market in Germany has shown noticeable fluctuations in per capita value over the past decade, peaking in 2020 at €71.47. By 2023, the value stood at €65.16. A peak in 2020 was followed by a decline in 2021, with a resurgence from 2022 onwards. The most recent year-on-year analysis from 2022 to 2023 shows a slight increase of 1.15%. Over the past five years, the compound annual growth rate (CAGR) is approximately -0.68%, indicating slight fluctuations but a general recovery trend in recent years.
Looking ahead, the market will likely be influenced by advances in smart appliance technology, increasing consumer preference for energy-efficient products, and regulatory shifts promoting sustainable practices. Monitoring these trends will be crucial for anticipating future market dynamics.
How does Germany rank in Electric Domestic Appliances Market Size Value Per Capita?
| # | 16 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 186.17 | 2023 | View data | ||
| 2 | 2 Finland | 167.04 | 2023 | View data | ||
| 3 | 3 France | 140.63 | 2023 | View data | ||
| 4 | 4 Estonia | 134.17 | 2023 | View data | ||
| 5 | 5 United Kingdom | 121 | 2023 | View data | ||
| 12 | 12 Croatia | 82.9 | 2023 | View data | ||
| 13 | 13 Spain | 80.06 | 2023 | View data | ||
| 14 | 14 Germany | 65.16 | 2023 | |||
| 15 | 15 Poland | 61.95 | 2023 | View data | ||
| 16 | 16 Greece | 58.29 | 2023 | View data | ||
