Household expenditure on home hardware in Poland has experienced significant fluctuations over the past years. From 2013 to 2016, expenditure saw substantial increases, with notable growth peaking in 2016. The period between 2017 and 2018 showed some stabilization. However, since 2019, a more consistent upward trend has been observed, culminating in a significant peak in 2021. The figures for 2022 marked a slight dip but rebounded in 2023 to reach a value of 1810 million Zloty.
Year-on-year variation indicates steady growth in expenditure despite occasional declines, notably in 2017 and 2022. Over the last two years, 2022 saw a -2.86% drop, while 2023 recovered with a 2.98% rise. The five-year compound annual growth rate (CAGR) from 2019-2023 stands at approximately 7.02%, showing healthy growth momentum.
Forecasts up to 2028 predict a continued increase in household expenditure on home hardware, with a five-year CAGR projected at 2.07% and an overall growth rate of 10.76%. Future trends to watch for include technological advancements in home electronics, urbanization effects, and economic conditions influencing disposable income.
