The European market for electric domestic appliances exhibited notable country-specific trends in 2023. Poland led the market with €5.2075 billion in production value, followed by Italy (€4.3364 billion) and Germany (€3.9938 billion). Spain and Romania showed significant year-on-year growth, with increases of 5.86% and 12.84%, respectively. Conversely, the United Kingdom and Hungary experienced declines of 3.26% and 0.4%. A remarkable highlight was the Netherlands, which saw a 20.18% surge. From a longer-term perspective, Sweden's 14.91% and Finland's 6.53% growth are also noteworthy for potential sustained profitability.
Future trends to watch include:
- Continued robust growth in emerging markets such as Romania and Spain.
- The potential for further declines in traditionally strong markets like the United Kingdom.
- Technological advancements and increased sustainability efforts that could influence production and consumption patterns.
- Post-pandemic market adjustments and supply chain resilience impacting the European electric appliances sector.
Top countries in Sold Production of Electric Domestic Appliances by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 5,207,500,000 | 2023 | +2.93% | +3.62% | View data |
| 2 | 2 Italy | 4,336,400,000 | 2023 | +2.05% | +2.37% | View data |
| 3 | 3 Germany | 3,993,800,000 | 2023 | -0.16% | +4.14% | View data |
| 4 | 4 France | 1,537,600,000 | 2023 | +7.12% | -1.22% | View data |
| 5 | 5 Spain | 908,970,000 | 2023 | +4.89% | +5.86% | View data |
| 6 | 6 United Kingdom | 685,120,000 | 2023 | -2.53% | -3.26% | View data |
| 7 | 7 Romania | 638,990,000 | 2023 | +5.56% | +12.84% | View data |
| 8 | 8 Portugal | 317,890,000 | 2023 | +3.12% | +4.83% | View data |
| 9 | 9 Netherlands | 313,140,000 | 2023 | +11.25% | +20.18% | View data |
| 10 | 10 Hungary | 255,610,000 | 2023 | -4.35% | -0.4% | View data |
