Market Size of United Kingdom Kitchen Appliances Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 3.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Kitchen Appliances Market Analysis
Changing consumer dynamics are driving the market towards more sustainable products which are offering more energy efficiency features in the kitchen appliances. Improving technology and the innovation that is being introduced in the appliances is driving the demand for kitchen appliances in the country owing to the high number of tech-savvy and younger customers. Understanding the demand for Smart appliances, during the first quarter of 2019, one of the key manufacturers of kitchen appliances, Samsung launched 'Family Hub refrigerator' which has more advanced features that automate meal planning and other daily tasks and deliver a more personalized experience such as managing the customer's family's calendars, share pictures with the help of smart view and allows them to monitor and control over 1,000 SmartThings-compatible products throughout the home. Also, another leading market player, Whirlpool launched a new refrigerator series, Whirlpool Pro double door refrigerator alpha steel. The newly launched refrigerator uses 6th sense intellifresh cooling technology and comes in aqua steel color with a Storage Capacity of 445 liters.