United Kingdom electrical kitchen appliance market to be dominated by online segment till 2027
The growing demand for
energy efficient kitchen appliances is anticipated to flourish the growth of United
Kingdom electrical kitchen appliance market in the forecast period, 2023-2027.
According to TechSci Research report, “United Kingdom Electrical kitchen appliance Market by Region, Competition Forecast & Opportunities, 2027”, the United Kingdom electrical kitchen appliance market is
expected to witness steady growth in 2023-2027. Kitchen
appliances are basically utilized in residential kitchens and in the commercial
area of the market for instances hotels, restaurants, the cafeteria of office
or educational organizations as they help in cooking, and in preserving the
food or food materials. The electrical kitchen appliances help the consumers in
shortening the time the cooking time. The changing lifestyles along with the
inflating disposable income is contributing to the market growth. The enhancing
technology is offering the customers to exchange them at periodic intervals of
time thereby escalating the sales volume. Continuous product innovation and
technological evolution that are coming in the sector boost the electrical kitchen
appliances market. With the increase in interest of consumers in smart home
products, the demand for smart appliances products is growing across the globe
which drives the growth of the market. The elevating demand for connected
appliances is gaining traction, especially in various devices, including
refrigerators and dishwashers, etc. Several vendors of device are offering
smart and connected refrigerators to attract customers which is also driving
the market growth. Along with this, continuous product upgradation and rising
urbanization level are some of the primary factors driving growth of the
electrical kitchen appliances market. Additionally, the escalation in the
electricity cost and instigation of the government to spread knowledge regarding
the energy consumption is expected to fuel the demand for energy efficient and
eco-friendly product in the upcoming years.
However, the high initial capital and
maintenance costs are hampering the new product advancements which further
obstructs the growth of the market in United Kingdom.
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United Kingdom electrical kitchen
appliance market is segmented into category, distribution channel, regional
distribution, and competitive landscape.
Based on category, the market is divided
into large electrical kitchen appliances & small electrical kitchen
appliances. Electrical kitchen appliances segment is expected to hold the
dominance over its market in the forecast period, 2023-2027. This is attributed
to the less time consumption in cooking or any kind of household activities
which further fuels the segmental growth.
Based on distribution channel, the
market is segmented into multi branded stores, supermarkets/hypermarkets,
traditional stores, online, others (institutional stores, exclusive stores. Online
segment is expected to hold the greatest share in the market in the forecast period,
2023-2027. This is owing to the increasing online shopping trend and easy
payment options is supporting the segmental growth.
Leading market players operating in the
United Kingdom electrical kitchen appliance market are:
- Philips Electronics UK Limited
- BSH Home Appliances Limited
- Spectrum Brand (UK) Limited
- Whirlpool UK Appliances Limited
- Kenwood Limited
- Jarden Consumer Solutions (Europe) Ltd.
- Morphy Richards Appliances Limited
- Beko UK
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“The growing adoption of
electric kitchen appliances across United Kingdom is primarily augmenting the
growth of the market. The elevating demand for technologically advanced and
modern appliances which make cooking and storing food more efficient and easier
is supporting the market growth. With this, the electrical kitchen appliances,
which can be connected to wireless, Internet or Bluetooth based devices and can
be controlled remotely via smartphone are contributing to the growth of the
market. Also, the growing health consciousness, especially among the young
population, has augmented the adoption of healthy cooking and eating habits
among consumers. The high need for appliances that allow oil-free cooking and
retention of several heat-sensitive nutrients is driving the growth of the
market. The introduction of modular and energy-efficient kitchen equipment,
including the induction cooktops, speed cooking ovens and warming drawers, is further
stimulating the market growth. Additionally, the expanding e-commerce industry,
the growing working population and the inflating disposable incomes will
continue to accelerate the market growth till 2027” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm”.
“United Kingdom Electrical
Kitchen Appliance Market By
Category (Large Electrical Kitchen Appliances & Small Electrical Kitchen
Appliances), By Distribution Channel (Multi Branded Stores,
Supermarkets/Hypermarkets, Traditional Stores, Online, Others (Institutional
Stores, Exclusive Stores), By Region, Competition Forecast &
Opportunities, 2027 has
analyzed the future growth potential of United Kingdom electrical kitchen appliance
market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and assist decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
significant drivers, challenges, and opportunities in United Kingdom electrical
kitchen appliance market.
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