The turnover of non-electric domestic appliances in Finland is forecasted to exhibit a declining trend from 2024 to 2028. The projected values for these years indicate a year-on-year decrease, with an average contraction (CAGR) of approximately -2.6% annually over this period. Comparing the value in 2024 (18.9 million Euros) to the expected value in 2028 (17.0 million Euros) highlights this downward trajectory.
Key points to note:
- The turnover decreases by 2.6% from 2024 to 2025, followed by another 2.7% drop from 2025 to 2026.
- A continued decline is forecasted from 2026 to 2027 at 2.8%, and from 2027 to 2028 at 2.3%.
The historical data suggests that the value stood higher in 2023, before the downward trend began in 2024. Future trends to watch for include evolving consumer preferences towards more sustainable or electric appliances, which could further impact market dynamics and turnover in the domestic appliances sector. Additionally, the broader economic context, including inflation rates and consumer spending power, will be critical factors influencing future performance.
