In 2023, Germany dominates the European electric domestic appliances market with a significant turnover share, showing a 7.35% year-over-year increase. The markets in Poland and Romania also exhibit strong growth, increasing by 3.4% and 9.31%, respectively. Notably, Slovenia showed an impressive 9.15% rise, indicating its growing market presence. Conversely, countries like Italy, Spain, and the United Kingdom experienced slight contractions in their turnovers. Over the last five years, the average annual growth rate (CAGR) varied, reflecting the dynamic nature of the market across different European countries.
Future trends to watch include:
- Potential continued growth in Germany, driven by innovation and increasing consumer demand.
- Expanding markets in Eastern Europe, particularly Romania and Slovenia, as they continue to show strong year-over-year growth.
- Potential for recovery and growth in the markets experiencing current contraction, like Spain and the United Kingdom, if economic conditions improve.
- Impact of sustainable technologies and manufacturing practices on market developments and growth in various countries.
Top countries in Electric Domestic Appliances Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.37 | 2023 | +5.83% | +7.35% | View data |
| 2 | 2 Italy | 12.88 | 2023 | -0.0085% | -1.29% | View data |
| 3 | 3 Poland | 12.22 | 2023 | +2.14% | +3.4% | View data |
| 4 | 4 France | 10.33 | 2023 | +1.34% | +2.47% | View data |
| 5 | 5 Romania | 3.98 | 2023 | +7.8% | +9.31% | View data |
| 6 | 6 Spain | 3.84 | 2023 | -3.03% | -2.17% | View data |
| 7 | 7 Slovenia | 3.7 | 2023 | +7.72% | +9.15% | View data |
| 8 | 8 United Kingdom | 2.89 | 2023 | -1.6% | -1.26% | View data |
| 9 | 9 Hungary | 2.53 | 2023 | +5.09% | -0.72% | View data |
| 10 | 10 Austria | 1.39 | 2023 | +1.11% | +1.67% | View data |
