The Non-Domestic Equipment for Cooking or Heating Food market in Germany grew from 210.67 million Euros in 2013 to 322.89 million Euros in 2023. The market fluctuated, reaching a peak in 2017 and then declining in 2019. A moderate recovery followed with a slight upward trend in recent years, showing a 1.59% year-on-year increase in 2023. The compound annual growth rate (CAGR) from 2018 to 2023 was -0.26%, indicating a slow growth over the last five years.
Future trends to watch for include:
- Potential recovery in market growth post-2023 as economic conditions stabilize.
- Innovations in energy-efficient cooking and heating equipment driving demand.
- Increased focus on sustainability and environmental impact influencing market offerings.
How does Germany rank in Non-Domestic Equipment for Cooking or Heating Food Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 429,700,000 | 2023 | +1.5% | +0.9% | View data |
| 2 | 2 France | 339,080,000 | 2023 | +0.29% | +0.61% | View data |
| 3 | 3 Germany | 322,890,000 | 2023 | +1.59% | -0.26% | |
| 4 | 4 Poland | 56,355,000 | 2023 | +8.28% | +2.59% | View data |
| 5 | 5 Czech Republic | 38,788,000 | 2023 | +3.55% | +1.93% | View data |
