In 2023, the production value of non-electric domestic appliances in Italy stood at a certain value (not explicitly provided in the given data). The forecasted values from 2024 to 2028 show a steady upward trend. Specifically, the values projected are: 698.0 million euros in 2024, 701.6 million euros in 2025, 705.0 million euros in 2026, 708.0 million euros in 2027, and 710.9 million euros in 2028.
The year-on-year percentage variations are as follows:
• 2024: Baseline year
• 2025: 0.52%
• 2026: 0.48%
• 2027: 0.43%
• 2028: 0.41%
The Compound Annual Growth Rate (CAGR) over the 5-year period from 2024 to 2028 stands at an approximate average annual increase of 0.46%.
Future trends to watch for include technological advancements in non-electric domestic appliances, potential shifts in consumer preferences toward sustainable and eco-friendly products, and market dynamics influenced by global supply chain factors and economic conditions in Italy and the broader European market.
