The Electric Domestic Appliances market in Greece has shown fluctuating growth over the past decade, peaking in 2017 at 1.11 s per capita. Since then, there has been a consistent decline, with the market standing at 0.82 s per capita in 2023. Over the last two years (2022 to 2023), the market decreased by approximately 2.38% annually. The Compound Annual Growth Rate (CAGR) over the past five years was around -4.75%, indicating a downward trend.
Looking ahead, key trends to watch include the impact of technological advancements on appliance efficiency, shifts in consumer preferences towards sustainability, and the influence of economic factors on household spending. These could play pivotal roles in shaping the market dynamics in the coming years.
