PUBLISHER: Grand View Research | PRODUCT CODE: 1772279
PUBLISHER: Grand View Research | PRODUCT CODE: 1772279
The Germany household appliances market size was valued at USD 23.60 billion in 2024 and is anticipated to grow at a CAGR of 3.2% from 2025 to 2030. The presence of numerous household appliance companies in Germany, such as Bosch, Siemens, Milele, and Electrolux, along with increasing urbanization and changing lifestyles, is driving the growing adoption of these products. The availability of appliances equipped with advanced technologies and the convenience they provide in daily activities is expected to result in greater demand for household appliances during the forecast period.
Increasing disposable income and inclination toward adopting smart household appliances are expected to drive the growth of this market in Germany. In 2024, national disposable income in Germany was recorded at USD 3,649.02 billion. This marked a nearly 6.0% increase from USD 3,436.01 billion in 2021. Strong recovery of the economy and increasing employment in the country is projected to support the growing adoption of advanced household appliances such as water heaters, air purifiers, cooktops, dishwashers, refrigerators, air conditioners, and others.
Increasing competition in the market and evolving consumer preferences have prompted various manufacturers to embrace innovation and create products with advanced technologies and features that can enhance customer engagement. In January 2025, BSH, the home appliances division of Bosch, announced the launch of its new Matter-enabled household appliance: the Bosch 100 Series French Door Bottom Mount refrigerator. The introduction of such products equipped with the Matter standard for communication with other devices, including Amazon Alexa, is expected to strengthen collaborations in the industry and develop lucrative opportunities for the household appliances market.
Awareness regarding the use of sustainable materials and the development of energy-efficient products shapes the further growth of this product segment. For instance, in December 2024, Electrolux Group announced that it secured a nearly USD 208.00 million loan from the European Investment Bank (EIB) for research and development of advanced energy-efficient household appliances. Such developments are expected to support the growth of this market and generate novel opportunities.
Germany Household Appliances Market Report Segmentation
This report forecasts revenue growth at country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the Germany household appliances market report on the basis of product and distribution channel: