In 2023, the sold production of electric domestic appliances in Finland reached 1.3338 million kilograms. The forecasted data from 2024 to 2028 shows a noticeable declining trend. Specifically, the values are expected to decrease from 1.2409 million kilograms in 2024 to 0.85393 million kilograms by 2028. This represents a year-on-year variation of approximately -7.90% from 2024 to 2025, -8.49% from 2025 to 2026, -9.20% from 2026 to 2027, and -10.03% from 2027 to 2028. The compound annual growth rate (CAGR) over this 5-year period is estimated to be -8.86%.
Future trends to watch include advancements in energy efficiency and smart home technologies, changing consumer preferences towards sustainable products, and potential regulatory impacts focusing on environmental standards, all of which could influence production volumes and market dynamics.
