UK Small Home Appliances Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UK Small Home Appliances Market Analysis
There has been enormous growth in small home appliances in the United Kingdom and the appliance industry owing to increasing homeowners' desirability for small appliances. Demand for small home appliances in the United Kingdom grew in the third quarter till 2019, and the demand in the 2020 quarters is forecasted to show declining growth in sales owing to the Covid-19 impacts on the market. However, the online channel of distribution for some small appliances such as hair dryers, and premium category products are gaining popularity among aspirational consumers in the market.
The factors driving the demand for small home appliances are a rise in smart homes, increasing spending of consumers, the energy efficiency of appliances, and replacement sales of old devices through refurbishing houses.
The latest trend in home appliances, including small home appliances, is energy efficiency and connectivity in line with IoT (Internet of Things), wherein most appliances can be remotely controlled or are equipped with sensors designed to auto-manage the appliances. Smart appliances, and smart homes, are expected to drive this category ahead to achieve higher growth rates.
UK Small Home Appliances Market Trends
This section covers the major market trends shaping the UK Small Home Appliances Market according to our research experts:
Rising Urbanization Augmenting Demand for Small Appliances in United Kingdom
There has been rising expenditure on home appliances in the United Kingdom; consumers in the small kitchen appliances segment are looking for products that simplify their life and spend more on buying appliances that provide value for their expenses. It has been observed that consumers are spending on small home appliances owing to their rising disposable incomes and new appliances being innovated in the market for them at their convenience. The rising urbanization of the population is expected to positively impact the growth of the small home appliances market over the forecast period. Higher disposable income for the people living in Tier I and Tier II cities of the country has enabled the consumers to invest in their household appliances requirement aggressively. This would further escalate the market's growth in the coming years.
E-commerce Channel is Fastest Growing Distribution Channel
E-commerce is emerging as a top distribution channel with internet retailing and connected lifestyles, electronics, and appliance specialist retailers remain the channel with the highest volumes. Distribution is notably tending towards channels featuring high discounts, including private label goods outlets, mega markets offering high discounts through tax rebates and tie-ups with manufacturers, and e-commerce, which has been posing as a major competitor to other sellers due to the highly competitive discounts and other offers. With an increase of 12%, the UK eCommerce market contributed to the worldwide growth rate of 29% in 2021.
Among various small kitchen appliances, coffee machines are projected to see growing demand owing to a reasonable price, easy operation, simple design, and quality brewing of the machines. Connected Kitchen Appliances and kitchen devices are becoming ideal gadgets for smart homes. These smart appliances can automate part of the cooking process and keep consumers updated regarding the process of food making and make sure that the correct recipe is being followed.
UK Small Home Appliances Industry Overview
The Small home appliances market of the United Kingdom is highly competitive and globalized, with competition intensified from retail players. Companies maintain their global competitiveness in the market through Research and Innovation. Some of the major players of small home appliances operating in the market include BSH Home Appliances Ltd., Philips, Russell Hobbs, Dyson, and Black & Decker.
UK Small Home Appliances Market Leaders
AB Electrolux
BSH Home Appliances Ltd.
Philips
Russell Hobbs
Dyson
*Disclaimer: Major Players sorted in no particular order
UK Small Home Appliances Market News
- On Feb 2nd, 2022, LG Electronics (LG) showcased its robust 2022 lineup of commercial, light commercial, and residential HVAC solutions - including industry-leading Variable Refrigerant Flow (VRF) technology, latest energy-efficient heat pump systems, indoor air quality solutions, and flexible building automation and connectivity products - at the 2022 AHR Expo in Las Vegas.
- In March 2021, Samsung introduced new kitchen appliances range under the Baker Series microwaves. The new microwaves series comes with steaming, grilling, and frying features with convection features.
UK Small Home Appliances Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porters' Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights on impact of technology and innovation in Operation in Small Home Appliances Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Vacuum Cleaners
5.1.2 Coffee Machines
5.1.3 Food processor
5.1.4 Irons
5.1.5 Toasters
5.1.6 Grills & Roasters
5.1.7 Hair Dryers
5.1.8 Others
5.2 By Distribution Channels
5.2.1 Supermarkets & Hypermarkets
5.2.2 Specialty Stores
5.2.3 E-Commerce
5.2.4 Others
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 AB Electrolux
6.2.2 BSH Home Appliances Ltd.
6.2.3 Philips
6.2.4 Russell Hobbs
6.2.5 Dyson
6.2.6 Black & Decker
6.2.7 Kenwood
6.2.8 Hoover
6.2.9 Hotpoint
6.2.10 Murphy Richards*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
UK Small Home Appliances Industry Segmentation
The Report offers a complete analysis of the Small Home Appliances Market in the United Kingdom and the market's complete dynamics. Market Segmentation and size are forecasted, along with company profiles and key players operating in the market. The United Kingdom Small Home Appliances Market is segmented by product (Vacuum Cleaners, Coffee Machines, Irons, Toasters, Grills & Roasters, Hair Dryers, Food processors, and Others) and By Distribution Channels (Supermarkets & Hypermarkets, Specialty Stores, E-Commerce, Others).
| By Product | |
| Vacuum Cleaners | |
| Coffee Machines | |
| Food processor | |
| Irons | |
| Toasters | |
| Grills & Roasters | |
| Hair Dryers | |
| Others |
| By Distribution Channels | |
| Supermarkets & Hypermarkets | |
| Specialty Stores | |
| E-Commerce | |
| Others |
UK Small Home Appliances Market Research FAQs
What is the current United Kingdom Small Home Appliances Market size?
The United Kingdom Small Home Appliances Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in United Kingdom Small Home Appliances Market?
AB Electrolux, BSH Home Appliances Ltd., Philips, Russell Hobbs and Dyson are the major companies operating in the United Kingdom Small Home Appliances Market.
What years does this United Kingdom Small Home Appliances Market cover?
The report covers the United Kingdom Small Home Appliances Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Small Home Appliances Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UK Small Home Appliances Industry Report
Statistics for the 2024 UK Small Home Appliances market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Small Home Appliances analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
