In 2023, the household expenditure on household appliances in Germany stood at 16.6 billion euros. The forecasted expenditure for 2024 is 16.93 billion euros, representing a 2.0% year-on-year increase. Looking ahead, 2025 is expected to see a 1.9% increase, bringing the total to 17.25 billion euros, followed by a 1.9% increase in 2026 to 17.58 billion euros. The trend continues with a forecasted 1.8% rise in 2027 to 17.9 billion euros and another 1.8% increase in 2028 to 18.22 billion euros. Over the last two years, the compounded annual growth rate (CAGR) is anticipated to be approximately 1.9%.

Future trends to watch for:

Technological advancements driving up the demand for smart household appliances.
Increasing consumer focus on energy-efficient and sustainable products.
Evolving lifestyle changes, such as remote work, influencing appliance purchasing patterns.