Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Industry revenue of »retail sale of electrical household appliances« in Norway 2011-2023

Norway is one of the wealthiest countries not only in Europe but also the world, with the fourth highest GDP per capita, as per 2019 figures. This translates into a high earning capacity for the population in general, which has had a positive impact on many consumer industries including household appliances retail. However, the sector’s revenues are expected to grow only marginally from 2.5 billion U.S. dollars in 2018 to 2.6 billion U.S. dollars in 2023. One of the reasons for such tepid growth is the saturation of the market. Not only is the country’s population among the smallest in Europe, it is also expected to exhibit only tepid growth over the short to medium term, thereby limiting the scope for market expansion. Therefore, it is no surprise that not many manufacturers have ventured into this space over the years, with the number actually falling from 27 in 2011 to 26 in 2017.

Industry revenue of »retail sale of electrical household appliances« in Norway from 2011 to 2023

Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$700 per month*
(billed annually)
* Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Norway. The industry “retail sale of electrical household appliances in specialised stores“ has the code “G4754“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Economic Outlook Norway"

Further Content: You might find this interesting as well

Statistics

Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.