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Slight growth in the Western European TCG market in Q1 2018

GfK TEMAX® results for Western Europe, Q1 2018

Nuremberg, May 25, 2018 – In the first quarter of 2018, the Western European technical consumer goods grew by 2.4% Telecommunications, the Home Appliances markets and Information Technology grew, while Consumer Electronics, Photography and Office Equipment markets witnessed single-digit drop in sales. The TCG market in Western Europe amounted to €51.9 billion in Q1 2018.

Please note that the WE15 report is calculated on EUR basis incl. DK, SE and UK.

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Western Europe 15 - Q1 2018
Q2 2017 M. EUR Q3 2017 M. EUR Q4 2017 M. EUR Q1 2018 M. EUR Q1 2018 / Q1 2017 / +/- % Q1 2018 M. EUR Q1 2018 / Q1 2017 +/- %
Consumer Electronics (CE) 5,616 6,006 9,167 6,337 -4.9% 6,337 -4.9%
Photography (PH) 1,201 1,181 1,333 1,065 -6.1% 1,065 -6.1%
Major Domestic Appliances (MDA) 8,057 8,715 8,961 8,335 0.4% 8,335 0.4%
Small Domestic Appliances (SDA) 3,864 4,195 6,110 4,569 2.8% 4,569 2.8%
Information Technology (IT) 11,799 13,209 16,283 13,761 3.0% 13,761 3.0%
Telecommunications (TC) 12,577 13,290 18,247 13,706 10.5% 13,706 10.5%
Office Equipment & Consumables (OE) 4,116 4,070 4,656 4,169 -5.5% 4,169 -5.5%
GfK TEMAX® Western Europe 47,231 50,666 64,758 51,943 2.4% 51,943 2.4%

Economic data 2017

Western Europe 15
  • 2.3
    GDP growth in %
  • 40,270
    GDP per capita in USD
  • 8.3
    Unemployment rate in %
  • 1.7
    Inflation rate, avg. consumer prices in %
  • 178,927,949
    Number of households
  • 47,272
    Purchasing power per household in EUR
Data for GDP, unemployment and inflation rate by World Bank, IMF, ILO, National statistics portals; Data for number of households and purchasing power by GfK GeoMarketing; Updated: 5 May 2018
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