Germany leads the European Domestic Appliances market with a turnover of 24.69 billion Euros, showing a 7.42% YoY increase in 2023. Italy and Spain experienced declines with -0.079% and -2.42% respectively. Poland and France posted modest growths of 3.1% and 2.72%. The United Kingdom and Hungary saw minor downturns, while Romania and Slovenia showed substantial gains at 8.49% and 9.2% respectively. Smaller markets like Cyprus and Bosnia and Herzegovina had mixed results, with Cyprus witnessing significant growth of 8.45% and Bosnia and Herzegovina declining by -2.91%.
Future trends to watch include:
- Continued growth in Germany driven by innovation and energy-efficient appliances
- Potential for recovery in markets like Spain and the UK amid economic improvements
- Eastern European markets such as Romania and Slovenia showing strong growth potential
- Focus on sustainability and smart appliances driving future sales across Europe
Top countries in Domestic Appliances Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24,690 | 2023 | +6.03% | +7.42% | View data |
| 2 | 2 Italy | 8,230 | 2023 | +1.28% | -0.079% | View data |
| 3 | 3 Poland | 6,800 | 2023 | +2.11% | +3.1% | View data |
| 4 | 4 France | 6,320 | 2023 | +1.8% | +2.72% | View data |
| 5 | 5 Spain | 2,320 | 2023 | -3.34% | -2.42% | View data |
| 6 | 6 United Kingdom | 2,230 | 2023 | -1.46% | -1.13% | View data |
| 7 | 7 Romania | 2,130 | 2023 | +7.01% | +8.49% | View data |
| 8 | 8 Switzerland | 2,100 | 2023 | +2.93% | +2.69% | View data |
| 9 | 9 Slovenia | 2,050 | 2023 | +7.87% | +9.2% | View data |
| 10 | 10 Hungary | 1,520 | 2023 | +4.49% | -0.066% | View data |