Between 2013 and 2023, the turnover for electric domestic appliances in Poland showed a consistent upward trend, increasing from 4.71 billion euros to 6.74 billion euros. This represents a steady compound annual growth rate (CAGR) of approximately 3.4% over the last five years. The largest year-on-year growth occurred in 2019 with an increase of 12.84%, while a slight decline was observed in 2020.
Forecasts for the period 2024-2028 suggest continued growth, albeit at a slower pace, with an expected CAGR of 1.52% and an overall growth rate of 7.86% by 2028, reaching a turnover of 7.42 billion euros.
Future trends to watch for include advancements in smart home technology, increasing consumer demand for energy-efficient appliances, and possible impacts of economic fluctuations or regulatory changes on market dynamics.