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Slight growth in the Western European TCG market in Q4 2017

GfK TEMAX® results for Western Europe, Q4 2017

Nuremberg, February 23, 2018 – In the fourth quarter of 2017, the Western European technical consumer goods grew by 2.0%. Telecommunications, the Home Appliances markets and Consumer Electronics grew, while Pho-tography, Office Equipment and Information Technology markets witnessed single-digit drop in sales. The TCG market in Western Europe amounted to €64.5 billion in Q4 2017.

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The pdf press release has been replaced by the Category Insights chart below.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 - Q4 2017
Q1 2017 M. EUR Q2 2017 M. EUR Q3 2017 M. EUR Q4 2017 M. EUR Q4 2017 / Q4 2016 / +/- % Q1-Q4 2017 M. EUR Q1-Q4 2017 / Q1-Q4 2016 +/- %
Consumer Electronics (CE) 6,645 5,591 5,974 9,126 0.3% 27,336 -3.9%
Photography (PH) 1,122 1,188 1,167 1,319 -6.4% 4,796 -2.3%
Major Domestic Appliances (MDA) 8,309 8,058 8,727 8,968 2.1% 34,063 1.4%
Small Domestic Appliances (SDA) 4,366 3,811 4,142 5,986 1.2% 18,305 1.3%
Information Technology (IT) 13,426 11,820 13,222 16,295 -0.8% 54,763 -0.4%
Telecommunications (TC) 12,406 12,549 13,255 18,199 8.2% 56,409 3.4%
Office Equipment & Consumables (OE) 4,435 4,116 4,068 4,654 -3.2% 17,273 -3.6%
GfK TEMAX® Western Europe 50,708 47,134 50,554 64,548 2.0% 212,944 0.2%

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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