Market Trends of United Kingdom Kitchen Appliances Industry
This section covers the major market trends shaping the UK Kitchen Appliances Market according to our research experts:
Residential Segment Occupies a Major Share of the Market
The residential construction which is on the rise in the United Kingdom is driving the demand for kitchen appliances in the country which is fueled by the increasing home renovations. Home renovations have been driving the replacement sales with more than 83% of all new purchases are replacements and out of this around 53% are solely due to appliance breakdown, followed by the consumers moving from home, and their changing needs such as an increase in family size, or their desire to change the appearance of the home, or to own an innovative product, or increasing concerns about energy and water efficiency.
Water Purifier Segment is Recording Constant Growth Rate in the Country
The rising concerns on water-borne diseases, the rising awareness of health, and the increasing disposable income levels are fueling the demand for water purifiers in the country. Models that are equipped with the RO water purification system have occupied a major share of the market followed by the UV purification system owing to the high advantages and performance, along with the benefits such as low electricity consumption. Improving technological innovations in the industry is also helping the segment to penetrate more into the market especially in the residential segment.
