The domestic electric coffee or tea makers market in Spain saw fluctuations between 2013 and 2023. After a decline during 2013-2015, the sector rebounded in 2016. It hit a peak in 2019 before experiencing a dip in 2020, likely due to the pandemic's impact. Recovery followed in 2021, but growth has stabilized recently. By 2023, the market stood at 147.75 million euros, indicating a modest year-on-year growth of 1.17%. The compound annual growth rate over the last five years was 1.85%.
Future trends to watch include:
- Increasing demand for premium and smart appliances enhancing at-home experiences.
- Integration of eco-friendly designs due to environmental awareness.
- Potential impact of economic uncertainties on discretionary spending.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 816,890,000 | 2023 | +1.97% | +1.74% | View data |
| 2 | 2 United Kingdom | 224,790,000 | 2023 | +2.8% | +3.53% | View data |
| 3 | 3 France | 182,590,000 | 2023 | -4.07% | -3.63% | View data |
| 4 | 4 Spain | 147,750,000 | 2023 | +1.17% | +1.85% | |
| 5 | 5 Denmark | 52,919,000 | 2023 | +1.36% | +2.24% | View data |
