The Electric Domestic Appliances market in Portugal has shown a robust growth from 2013 to 2023, reaching a market size of 1001.1 million Euros in 2023. From 2013, the market has experienced ups and downs, with significant growth beginning in 2016. Notably, the market grew consistently each year since 2014, with year-on-year growth ranging from a low of 0.42% in 2017 to a high of 21.72% in 2016. Over the last five years, the compound annual growth rate (CAGR) averaged 2.62%.
Future trends to watch include:
- Continued technological advancements that could spur new product development.
- Sustainability and eco-friendly products becoming increasingly important to consumers.
- Potential impact of economic fluctuations on consumer spending.
- Emergence of smart appliances and IoT integration increasing market growth.
How does Portugal rank in Electric Domestic Appliances Market Size Value?
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 9,354,100,000 | 2023 | +1.7% | +3.37% | View data |
| 2 | 2 United Kingdom | 8,179,000,000 | 2023 | +1.41% | +1.46% | View data |
| 3 | 3 Italy | 5,483,100,000 | 2023 | +1.29% | +4.37% | View data |
| 4 | 4 Germany | 5,444,000,000 | 2023 | +1.42% | +4.91% | View data |
| 5 | 5 Spain | 3,760,200,000 | 2023 | +4.38% | +5.45% | View data |
| 9 | 9 Denmark | 1,054,800,000 | 2023 | +1.86% | +4.31% | View data |
| 10 | 10 Austria | 1,050,100,000 | 2023 | +2.3% | +3.39% | View data |
| 11 | 11 Portugal | 1,001,100,000 | 2023 | +1.19% | +2.62% | |
| 12 | 12 Finland | 921,000,000 | 2023 | +1.57% | +3.25% | View data |
| 13 | 13 Greece | 629,970,000 | 2023 | +2.96% | +2.63% | View data |
