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Robust Western European Technical Consumer Market in Q3 2018

GfK TEMAX® results for Western Europe, Q3 2018

The Western European markets for technical consumer goods are part of the five global key themes that GfK has identified. Learn more about each theme in the corresponding blog article.

  • Premium: Consumers prefer to own fewer but higher quality items and are prepared to pay premium for it. >GfK blog
  • Performance: Expectation for rich experiences on the devices is met with innovation through high-end product features. >GfK blog
  • Online Retail: Convenience of shopping online is extended to mobile online shopping. >GfK blog
  • Connectivity: Being connected and making it easy is becoming the norm. >GfK blog
  • Developing economies continue to matter internationally – as they are maturing, pockets of growth are shifting to where the money is. >GfK blog

 

 

Table summary

Western Europe 15 - Q3 2018
Q4 2017 M. USD Q1 2018 M. USD Q2 2018 M. USD Q3 2018 M. USD Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 M. USD Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 10,886 7,827 6,707 6,697 -5.7% 21,230 4.1%
Photography (PH) 1,451 1,181 1,161 1,100 -12.2% 3,443 -3.5%
Major Domestic Appliances (MDA) 10,611 10,299 9,475 10,161 -1.0% 29,935 7.1%
Small Domestic Appliances (SDA) 6,825 5,231 4,441 4,761 3.2% 14,434 10.3%
Information Technology (IT) 19,107 16,730 13,917 15,292 -1.0% 45,939 8.6%
Telecommunications (TC) 21,864 16,948 16,378 17,502 10.9% 50,828 18.1%
Office Equipment & Consumables (OE) 4,422 4,300 3,842 3,695 -5.2% 11,837 2.4%
GfK TEMAX® Western Europe 75,166 62,516 55,921 59,208 1.4% 177,645 9.7%

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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