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The household appliances market in Europe size is forecast to increase by USD 25.66 billion at a CAGR of 4.35% between 2023 and 2028. The European household appliances market is experiencing significant growth, driven by key trends such as product innovation and portfolio extension leading to product premiumization. This trend is resulting in the introduction of smart and energy-efficient appliances that cater to the evolving needs and preferences of consumers. Another significant trend is the adoption of multi-functional household appliances, which offers convenience and cost savings to consumers. However, fluctuations in raw material prices used for manufacturing household appliances pose a challenge to market growth. Despite this, the market is expected to continue its upward trajectory, driven by these trends and the increasing demand for advanced and energy-efficient appliances.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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