Washing Machines - Estonia

  • Estonia
  • In 2024, the revenue in the Washing Machines market in Estonia reached a substantial amount of €20.12m.
  • Looking ahead, the market is projected to experience a steady annual growth rate of 5.22%, from 2024 to 2029 (CAGR 2024-2029).
  • In a global context, the largest share of revenue is generated in China, with an impressive figure of €15,710m in 2024.
  • This highlights the dominance of the Chinese market in the Washing Machines market.
  • When considering the revenue generated per household, the per household revenues in Estonia amounted to €32.18 in 2024.
  • This metric provides insight into the economic impact of the Washing Machines market on individual households in Estonia.
  • Looking specifically at the volume of washing machines, it is expected to reach 54.7k pieces units by 2029.
  • Furthermore, in 2025, the Washing Machines market is expected to exhibit a volume growth rate of 4.4%.
  • These numbers indicate the anticipated expansion and demand for washing machines in Estonia.
  • In terms of average volume per household, the Washing Machines market is projected to reach 0.07pieces units per household in Estonia in 2024.
  • This figure showcases the average number of washing machines per household in the country.
  • The demand for energy-efficient washing machines in Estonia has significantly increased due to the country's commitment to sustainability and environmental preservation.

Key regions: India, Japan, Worldwide, Europe, Germany

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

Visión general

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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