The Italian domestic appliances sector is projected to experience a gradual decline in turnover from €8.14 billion in 2024 to €7.84 billion by 2028. This represents a decrease from the actual figure for 2023, which stood at €8.22 billion. Year-on-year variations are as follows: -0.98% in 2025, -0.99% in 2026, -0.88% in 2027, and -0.89% in 2028. Over the last two years, the sector saw a -0.98% change. The compound annual growth rate (CAGR) for the 2024-2028 period stands at approximately -0.92%, indicating a slight downward trend.
Future trends to watch for include technological advancements in smart appliances, rising energy efficiency standards, and changes in consumer preferences towards sustainable products. Additionally, external economic factors and supply chain disruptions could impact these forecasts.
