The Domestic Electric Ovens for Building-In market in Portugal showed steady growth from 2013 to 2023, with a per capita market size value increasing from €1.97 to €5.44. In 2023, this value represents a remarkable rise, indicative of growing consumer demand and market penetration. Observing recent trends, the year-on-year growth was 6.6% from 2021 to 2022, and 6.0% from 2022 to 2023. Over the last five years (2019-2023), the compounded annual growth rate (CAGR) was approximately 5.6%, underscoring a robust upward trajectory.
Future trends to watch for include:
- The impact of technological advancements in energy efficiency and smart home integration.
- Increasing consumer preference for sustainable and eco-friendly appliances.
- Potential market expansion driven by new housing projects and renovations.
How does Portugal rank in Domestic Electric Ovens for Building-In Market Size Value Per Capita?
| # | 8 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 11.74 | 2023 | View data | ||
| 2 | 2 Germany | 8.88 | 2023 | View data | ||
| 3 | 3 France | 5.97 | 2023 | View data | ||
| 4 | 4 United Kingdom | 5.91 | 2023 | View data | ||
| 5 | 5 Portugal | 5.44 | 2023 | |||
| 6 | 6 Finland | 5.26 | 2023 | View data | ||
| 7 | 7 Croatia | 3.36 | 2023 | View data | ||
