In 2023, the domestic appliances turnover in Switzerland was recorded at 2.10 billion Euros. From 2024 onwards, this segment is expected to experience a consistent increase. The forecasted values are projected to reach 2.16 billion Euros in 2024, 2.22 billion Euros in 2025, 2.28 billion Euros in 2026, 2.33 billion Euros in 2027, and 2.39 billion Euros in 2028.
The year-on-year percentage variation shows an estimated steady growth:
- 2.78% in 2024
- 2.78% in 2025
- 2.70% in 2026
- 2.19% in 2027
- 2.58% in 2028
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 2.57%, indicating a stable increase in the domestic appliances market in Switzerland over the next five years.
Future trends to watch for include advancements in smart home technology, increased adoption of energy-efficient appliances, and potential economic impacts that may influence consumer spending behaviors in this segment.
