From 2012 to 2022, the value per capita of the electric domestic appliances market in Spain showed a consistent upward trend, increasing from 38.25 to 73.18 percent Euros per capita. This steady growth indicates a robust market expansion over the decade. Notably, from 2020 to 2022, the market value per capita increased from 69.29 to 73.18, marking a year-on-year growth rate of approximately 4.2% in 2021 and a modest 1.1% in 2022. Over the last five years, the compound annual growth rate (CAGR) has been approximately 5.4%.
Future trends to watch for:
- Increased adoption of smart home appliances.
- Sustainability and energy-efficient innovations will likely drive future growth.
- Potential market saturation may slow growth momentum in coming years.
How does Spain rank in Electric Domestic Appliances Market Size Value Per Capita?
| # | 16 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 186.17 | 2023 | View data | ||
| 2 | 2 Finland | 167.04 | 2023 | View data | ||
| 3 | 3 France | 140.63 | 2023 | View data | ||
| 4 | 4 Estonia | 134.17 | 2023 | View data | ||
| 5 | 5 United Kingdom | 121 | 2023 | View data | ||
| 11 | 11 Netherlands | 87.55 | 2023 | View data | ||
| 12 | 12 Croatia | 82.9 | 2023 | View data | ||
| 13 | 13 Spain | 80.06 | 2023 | |||
| 14 | 14 Germany | 65.16 | 2023 | View data | ||
| 15 | 15 Poland | 61.95 | 2023 | View data | ||
