Revenue of Arcelik worldwide 2015-2023

In 2022, the total revenue generated by the Turkey-based home appliance manufacturer Arcelik peaked at a record high of around 7.7 billion euros, registering over a billion euro increase compared to the previous year. The company's generated another record of eight billion euros in revenue in 2023. Arcelik’s revenue has steadily increased since 2015 except for a brief dip in 2018, with an especially tremendous growth reported in 2021 and 2022. Nonetheless, Arcelik’s net profit has been on a declining trend since 2020, generating some 253 million euros in 2023.

Europe leads Arcelik’s revenues

Arcelik’s most substantial market is Europe, which generated revenues exceeding three billion euros in 2023. In the same year, Arcelik’s domestic market, Turkey, contributed to the company’s earnings with a revenue of around 2.9 billion euros. Arcelik also operated in the Asia Pacific region as well as Africa, which is hardly surprising as most of Arcelik’s production manufacturing locations were located there.

White goods as Arcelik’s profit maker

White goods were historically the company’s most profitable segment, recording a global revenue of approximately 6.1 billion euros in 2023. These white goods encompass large household appliances such as refrigerators, washing machines, and dishwashers. Consumer electronics also generated over 580 million euros for Arcelik in the same year.