The European Electric Domestic Appliances market in 2024 shows significant variations by country, with notable strengths and challenges. Germany leads with a turnover of 22.26 billion euros, showing a solid 7.35% year-on-year growth, indicating strong market confidence. Italy and the United Kingdom have experienced slight declines of -1.29% and -1.26% respectively. Poland, France, and Romania exhibit positive growth rates of 3.4%, 2.47%, and 9.31%, highlighting their emerging market potential. Spain's market contracted by -2.17%, while Slovenia showed promising growth at 9.15%. Hungary experienced a marginal dip of -0.72%, whereas Austria saw a modest increase of 1.67%. Smaller markets such as the Czech Republic, Bulgaria, and Serbia displayed appreciable growth rates, suggesting room for further market development.
Future trends to watch for include the impact of technological advancements and sustainability measures on consumer preferences, potentially leading to increased turnover. Additionally, economic fluctuations and policy changes in European markets could significantly influence the sector's growth trajectory.
- Germany: 22.26 billion euros, +7.35%
- Italy: 7.1 billion euros, -1.29%
- Poland: 6.74 billion euros, +3.4%
- France: 5.7 billion euros, +2.47%
- Romania: 2.19 billion euros, +9.31%
- Spain: 2.12 billion euros, -2.17%
- Slovenia: 2.04 billion euros, +9.15%
- United Kingdom: 1.59 billion euros, -1.26%
- Hungary: 1.4 billion euros, -0.72%
- Austria: 0.765 billion euros, +1.67%
- Czech Republic: 0.5694 billion euros, +7.33%
- Bulgaria: 0.424 billion euros, +6.44%
- Portugal: 0.3485 billion euros, +0.34%
- Slovakia: 0.3466 billion euros, +0.7%
- Serbia: 0.3074 billion euros, +4.18%
- Greece: 0.2175 billion euros, +0.018%
- Belgium: 0.1369 billion euros, +1.72%
- Finland: 0.1308 billion euros, +4.47%
- Norway: 0.1054 billion euros, -1.92%
- Croatia: 0.0058 billion euros
Top countries in Electric Domestic Appliances Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22,260 | 2023 | +5.83% | +7.35% | View data |
| 2 | 2 Italy | 7,100 | 2023 | -0.0085% | -1.29% | View data |
| 3 | 3 Poland | 6,740 | 2023 | +2.14% | +3.4% | View data |
| 4 | 4 France | 5,700 | 2023 | +1.34% | +2.47% | View data |
| 5 | 5 Romania | 2,190 | 2023 | +7.8% | +9.31% | View data |
| 6 | 6 Spain | 2,120 | 2023 | -3.03% | -2.17% | View data |
| 7 | 7 Slovenia | 2,040 | 2023 | +7.72% | +9.15% | View data |
| 8 | 8 United Kingdom | 1,590 | 2023 | -1.6% | -1.26% | View data |
| 9 | 9 Hungary | 1,400 | 2023 | +5.09% | -0.72% | View data |
| 10 | 10 Austria | 765 | 2023 | +1.11% | +1.67% | View data |