The turnover of electric domestic appliances in France displayed fluctuations over the past decade. After a decline between 2013 and 2015, the market experienced a notable increase in 2016, followed by consistent growth from 2017 to 2020. The turnover stood at 5.5 billion Euros in 2023. The year-on-year variation has slowed in recent years, with 1.38% and 1.34% for 2022 and 2023, respectively. The last 5-year CAGR up to 2023 was 2.47%, indicating steady growth but at a decelerated rate compared to earlier years.
The forecast data from 2024 onwards shows a continuing upward trend, with the market expected to reach 5.86 billion Euros by 2028, reflecting a forecast 5-year CAGR of 0.99% and total growth rate of 5.05% from 2023 to 2028.
Future trends to watch for include:
- Increased demand for smart and energy-efficient appliances.
- Technological advancements such as AI integration in appliances.
- Sustainability trends influencing consumer preferences.
- Potential impacts of economic conditions and regulatory changes on market dynamics.
