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Electrical Household Appliance Retailers in Germany - Market Research Report (2014-2029)

Ashkan Salim Ashkan Salim Frankfurt, Germany Last Updated: June 2024 WZ G47.54DE

Revenue

€5.1bn

2024

€5.1bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

27,486

Businesses

6,148

Wages

€XXX.Xm

Electrical Household Appliance Retailers in Germany industry analysis

Retail sales of electrical household appliances have developed positively overall in the last five years, increasing by an average of 3.5% per year between 2019 and 2024. Electrical household appliances such as electric ovens, washing machines and refrigerators are part of the basic equipment of a modern household. Factors that are currently having a positive impact on demand for electrical household appliances include technological innovations and the rising net income of households in Germany. However, many households in Germany are already well equipped with products such as electric ovens, washing machines and refrigerators, which limits the sales potential of retailers. IBISWorld forecasts that industry sales will fall by 1.9% to 5.1 billion euros in 2024.
Mail-order and online-only retailers have been the industry's main competitors for several years. In order to respond to this development, numerous industry players have opened their own online shops, but are also increasingly relying on customer advice from professionally trained staff in their own shops. However, the long useful life of products is putting retailers under increasing pressure, as it is becoming more and more difficult to tap into new markets. However, the increasing popularity of smart, multifunctional devices in the sector is seen as a growth driver, which is why retailers want to focus more on selling these products.
IBISWorld expects the sector's turnover to fall to 5 billion euros by 2029. This corresponds to an average decline of 0.5% per year. The reason for this negative development is the intensifying price and predatory competition. In addition, new household appliances are manufactured in such a way that they are easier to repair. This is another reason that limits retailers' sales potential. The current decline in the number of sector players and the downsizing of the branch network is therefore likely to continue until 2029. Brick-and-mortar retailers are likely to increasingly focus on offering high-quality products or concentrate on serving niche markets in order to compete with online retailers. Strong specialisation and a focus on intensive customer advice as well as partnerships with craftsmen, such as carpenters, will give industry players the opportunity to keep their sales stable.

Trends and Insights

  • In response to competitive pressure from online retailers, many bricks-and-mortar retailers have set up their own online shops in recent years. In many cases, however, industry players are unable to compete with online-only retailers on price with their multichannel sales.
  • Washing machines and tumble dryers are the most important product segment. Numerous private households have switched to energy-efficient washing machines and tumble dryers in recent years, as these appliances are among the largest consumers of electricity in the household. The popularity of smart appliances has also increased in the last five years.
  • In an interregional comparison, the largest share of companies in the sector is in the Central region. One of the reasons for the high number of branches is that the Rhine-Ruhr area and the Rhine-Main area are two particularly densely populated conurbations.
  • The market is dominated by a few large providers. Small retailers are concentrating on serving niche markets, but are increasingly being squeezed out of the market in the face of rising price pressure.

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  • Market estimates from 2014-2029
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 3.5 % over the past five years, to reach an estimated €5.1bn in 2024.

Trends and Insights

The innovative strength of manufacturers provides retailers with opportunities to increase sales

  • Industry products such as electric ovens, washing machines and refrigerators are part of the basic equipment of a modern home, although their demand is determined by a variety of different influencing factors. Factors that are currently having a positive impact on demand for electrical household appliances include technological innovations in sector products and the rising net income of households in Germany.
  • Additional trends and insights available with purchase
Electrical Household Appliance Retailers in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to decline over the next five years.

Trends and Insights

The growing demand for smart devices is opening up new sales opportunities for retailers

  • In the coming years, the demand for smart household appliances in particular is likely to remain high. Smart appliances are various technical products that connect to other devices via the internet and can therefore exchange information and be controlled by the user via apps on smartphones or tablets.

Biggest companies in the Electrical Household Appliance Retailers in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Ceconomy AG
1,240.2
Vorwerk SE & Co. KG
766.0
Expert SE
763.4

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Electrical Household Appliance Retailers in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Washing machines and tumble dryers, Refrigerators and freezers and Hobs and extractor bonnets. Washing machines and tumble dryers is the largest segment of the Electrical Household Appliance Retailers in Germany.

Trends and Insights

Energy efficiency and functionality are particularly important to consumers when it comes to washing machines and tumble dryers

  • This product group includes front-loading washing machines, top-loading washing machines and tumble dryers.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The retail trade in electrical household appliances comprises the sale of electrical washing machines, dishwashers and dishwashing machines to end customers. This industry also includes the sale of refrigerators and freezers as well as hoovers and other electrical household appliances.

What's included in this industry?

Washing machines and tumble dryersRefrigerators and freezersHobs and extractor bonnetsDishwashersElectric cookers and ovens

Companies

Ceconomy AGVorwerk SE & Co. KGExpert SE

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Related Terms

ARTIFICIAL INTELLIGENCE (KI)MULTICHANNELPLANOGRAMRADIO FREQUENCY IDENTIFICATION (RFID)SUCTION ROBOTSMARTE DEVICESSTATIONARY TRADE

Industry Code

WZ 2008

WZ 47.54 - Electrical Household Appliance Retailers in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

In response to competitive pressure from online retailers, many bricks-and-mortar retailers have set up their own online shops in recent years. In many cases, however, indust...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Washing machines and tumble dryers are the most important product segment. Numerous private households have switched to energy-efficient washing machines and tumble dryers in...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

In an interregional comparison, the largest share of companies in the sector is in the Central region. One of the reasons for the high number of branches is that the Rhine-Ru...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

The market is dominated by a few large providers. Small retailers are concentrating on serving niche markets, but are increasingly being squeezed out of the market in the fac...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Ceconomy has invested in the development and expansion of its online platforms in recent years. As part of its digital transformation, the Group has also developed various cu...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Ceconomy AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Vorwerk SE & Co. KG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Expert SE's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Ceconomy AG, and factors influencing its performance in the industry
  • Description and key data for Vorwerk SE & Co. KG, and factors influencing its performance in the industry
  • Description and key data for Expert SE, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The increasing popularity of online retail poses a risk to the business of bricks-and-mortar retailers. Online retailers are the main competitors of companies in the sector, ...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The automation of certain tasks has enabled retailers to increase their profitability. However, increasing price competition from online-only retailers is likely to reduce pr...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Electrical Household Appliance Retailers industry in Germany in 2024?

The market size of the Electrical Household Appliance Retailers industry in Germany is €5.1bn in 2024.

How many businesses are there in the Electrical Household Appliance Retailers in Germany industry in 2024?

There are 6,148 businesses in the Electrical Household Appliance Retailers industry in Germany, which has declined at a CAGR of 0.4 % between 2019 and 2024.

Has the Electrical Household Appliance Retailers industry in Germany grown or declined over the past 5 years?

The market size of the Electrical Household Appliance Retailers industry in Germany has been growing at a CAGR of 3.5 % between 2019 and 2024.

What is the forecast growth of the Electrical Household Appliance Retailers industry in Germany over the next 5 years?

Over the next five years, the Electrical Household Appliance Retailers industry in Germany is expected to decline.

What are the biggest companies in the Electrical Household Appliance Retailers market in Germany?

The biggest companies operating in the Electrical Household Appliance Retailers market in Germany are Ceconomy AG, Vorwerk SE & Co. KG and Expert SE

What does the Electrical Household Appliance Retailers in Germany include?

Washing machines and tumble dryers and Refrigerators and freezers are part of the Electrical Household Appliance Retailers industry.

Which companies have the highest market share in the Electrical Household Appliance Retailers in Germany?

The company holding the most market share in Germany is Ceconomy AG.

How competitive is the Electrical Household Appliance Retailers industry in Germany?

The level of competition is high and increasing in the Electrical Household Appliance Retailers industry in Germany.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • E-Commerce & Online Auctions in Germany

Complementors

  • Furniture, Carpet & Lighting Wholesaling in Germany
  • Audio & Video Equipment Retailers in Germany

International industries

  • Consumer Electronics Stores in the US
  • Consumer Electronics Stores in Canada
  • Domestic Appliance Retailing in Australia
  • Domestic Appliance Retailing in New Zealand
  • Electrical Household Appliance Retailing in the UK

View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.