The household expenditure on home goods in Austria stood at 1.70 Thousand Euros Per Capita in 2023. Forecasted values indicate a steady year-on-year increase as follows:
• 2024: 1.72 Thousand Euros Per Capita (+1.18%)
• 2025: 1.74 Thousand Euros Per Capita (+1.16%)
• 2026: 1.76 Thousand Euros Per Capita (+1.15%)
• 2027: 1.78 Thousand Euros Per Capita (+1.14%)
• 2028: 1.81 Thousand Euros Per Capita (+1.69%)
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.27%.
Future trends to watch for include potential economic shifts that might impact disposable incomes, advancements in home technology that may drive higher expenditures, and an increasing focus on sustainable and eco-friendly home goods amongst Austrian consumers. Monitoring these trends will be vital for understanding changes in household spending behavior.
