The Greek non-electric domestic appliances market has experienced fluctuations over the past decade, with a notable market size decline from 2013 at 85.101 Million Euros to 59.317 Million Euros in 2023. Notable contractions were recorded in 2014 and 2015 with year-on-year decreases of 22.6% and 11.13%. Post 2018, which saw a significant rebound of 14.76%, the market generally trended downward. The 5-year CAGR from 2018 to 2023 stands at -4.63%, indicating a persistent decline. The recent two-year trend shows continued negative growth with 2022 and 2023 both seeing reductions in market value.
To watch for future trends:
- Economic recovery post alternatives to cope with rising energy costs in the domestic sphere could positively impact market dynamics.
- Innovations and sustainable appliances might create new growth avenues amidst shifting consumer preferences.
- Global supply chain adjustments following the pandemic may continue to influence the market’s trajectory.
How does Greece rank in Non-Electric Domestic Appliances Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,058,300,000 | 2023 | +0.19% | -2.22% | View data |
| 2 | 2 United Kingdom | 1,029,400,000 | 2023 | +0.03% | +0.85% | View data |
| 3 | 3 Spain | 635,830,000 | 2023 | +1.62% | +1.76% | View data |
| 4 | 4 Finland | 148,390,000 | 2023 | +4.16% | +2.79% | View data |
| 5 | 5 Ireland | 69,410,000 | 2023 | +1.41% | +2.08% | View data |
| 6 | 6 Greece | 59,317,000 | 2023 | -2.76% | -4.63% | |
| 7 | 7 Estonia | 28,313,000 | 2023 | +3.2% | +4.15% | View data |
