The European Household Expenditure on Home Hardware varies significantly per country. France leads with 5.75 billion euros, showing a modest growth of 1.94%. Italy, with 3.51 billion euros, saw an appreciable increase by 7.5% last year. Spain’s expenditure rose slightly by 2.27% to 2.36 billion euros, whereas the Netherlands’ high increase of 8.1% brought them to 1.88 billion euros. Greece, despite its smaller size, experienced the highest growth of 17.44%. Eastern European countries like Estonia and Latvia, with smaller absolute expenditures, are experiencing double-digit growth, indicating a catch-up effect in home hardware consumption.
Future trends suggest potential increases in environmentally friendly and technologically advanced home hardware across Europe. This is driven by cultural shifts towards sustainable living and technological adoption. Monitoring growth in Eastern Europe is crucial as these markets rapidly evolve.
Top countries in Household Expenditure on Home Hardware by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 5,750 | 2023 | +1.48% | +1.94% | View data |
| 2 | 2 Italy | 3,510 | 2023 | +1.59% | +7.5% | View data |
| 3 | 3 Spain | 2,360 | 2023 | +5.83% | +2.27% | View data |
| 4 | 4 Netherlands | 1,880 | 2023 | +6.1% | +8.1% | View data |
| 5 | 5 Austria | 1,100 | 2023 | +1.82% | +3.15% | View data |
| 6 | 6 Finland | 794 | 2023 | +2.98% | +4.9% | View data |
| 7 | 7 Portugal | 497.86 | 2023 | +5.76% | +5.15% | View data |
| 8 | 8 Greece | 428.5 | 2023 | +12.7% | +17.44% | View data |
| 9 | 9 Croatia | 390.24 | 2023 | +3.11% | +6.79% | View data |
| 10 | 10 Ireland | 309.73 | 2023 | +0.77% | +9.95% | View data |