The European Household Sanitary Goods sector showed diverse growth across countries in 2023. Germany led with the highest wages and salaries at 1.92 billion euros. Notable increases included Poland at 16.53%, one of the highest, while Belgium saw a slight decrease. Smaller economies like Lithuania and Slovakia saw significant increases over the year. The Compound Annual Growth Rate (CAGR) over the last five years highlights steady growth, with faster acceleration in emerging markets like Bulgaria and Portugal.
Future trends to watch for in 2024 and beyond include:
- Germany maintaining its leading position with consistent growth.
- Potential market expansions in Eastern Europe, notably Poland, Slovakia, and Bulgaria, continuing their upward trends due to economic development.
- Sustainability initiatives and regulatory changes in the European Union impacting production costs and salary structures.
Top countries in Household Sanitary Goods, Toilet Requisites Wages and Salaries by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,920 | 2023 | +17.53% | +4.9% | View data |
| 2 | 2 Italy | 432.7 | 2023 | +3.57% | +3.49% | View data |
| 3 | 3 France | 396.1 | 2023 | +4.24% | +4.9% | View data |
| 4 | 4 United Kingdom | 311.2 | 2023 | +0.81% | +1.21% | View data |
| 5 | 5 Poland | 256.6 | 2023 | +10.79% | +16.53% | View data |
| 6 | 6 Spain | 194 | 2023 | -0.15% | +0.36% | View data |
| 7 | 7 Sweden | 188.1 | 2023 | +2.06% | +1.77% | View data |
| 8 | 8 Belgium | 93 | 2023 | +0.43% | -2.29% | View data |
| 9 | 9 Finland | 75.6 | 2023 | +3.85% | +7.16% | View data |
| 10 | 10 Austria | 74.1 | 2023 | +1.65% | +2.1% | View data |
