ZVEI – Electrical household appliances 2023: Challenging market environment is particularly affecting the installation business

• Domestic sales of electrical household appliances exceed ten billion euros
• Declining demand for built-in appliances due to poor construction economy
• Growth in small electrical appliances thanks to segment-specific demand
• High demand for energy-efficient large electrical appliances
• Industry cautiously optimistic for 2024

According to preliminary ZVEI calculations, manufacturers’ annual sales of large and small household appliances in Germany reached ten billion euros in 2023, a decrease of four percent compared to the previous year.

…