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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