UK Washing Machine Market Size
| Study Period: | 2019 - 2028 |
| CAGR: | < 2 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and it's growth?
UK Washing Machine Market Analysis
Washing machines are a popular choice for washing clothes since they save both energy and time. Various technological advancements in washing machines have been made in the recent decade, resulting in increased efficiency in terms of saving electricity and water. A washing machine works by spinning the laundry at a high speed, creating centrifugal force that removes the water and debris from the wash. This has also allowed important industry players to capture a considerable portion of the washing machine market. Furthermore, the government has launched many efforts for the development of households, and with an increase in the united kingdom's per capita income, demand for washing machines is likely to rise.
Digitalization, urbanization, changing consumer buying patterns, and demand in emerging markets are all contributing to increased income. The launch of the next generation washing machine incorporating technology for efficient use of electricity and water, expected to have a favourable impact on demand for these goods. The increased number of dual-income households, coupled with insufficient time for laundry has led to the growing desire for this under-penetrated product.
Covid affect the Washing Machine Market globally and in United Kingdom also, in UK volume growth of washing machine surges negative to -5.2%. Due to restrictions over production, workplace, etc the production closed and many places its halts due to non-availability of workers. With growing Urbanization in the world economy, mostly in developed country there is an increasing demand for automated and smart devices. This growth will be fuelled by organisations innovating constantly to meet the ever-evolving needs of consumers. Most consumers today are adopting information centric buying and refer to an average of 3 touchpoints for gathering information before actual purchase. They are looking for product-based solutions that fit into the overall home ecosystem and are open to technology like connected appliances and products that satisfy the increasing convenience and comfort needs. The overarching goal of being able to care for both family and environment also influences appliance buying decisions.
UK Washing Machine Industry Segmentation
Washing Machines are the most widely used home appliances for washing laundry, as they save time and energy. A complete background analysis of the United Kingdom Washing Machine market, which includes an assessment of the economy, market overview, market size estimation for key segments, and emerging trends in the market, market dynamics, and key company profiles are covered in the report. The United Kingdom Washing Machine Market is segmented by type (Front Load and Top Load), by Technology (Fully- Automated and Semi-Automated), By Distribution (Multi-brand Store, Exclusive Stores, Online and Other Distribution Channels) and End-User (Commercial and Residential). For each segment, the market sizing and forecasts have been done on the basis of value (USD million).
| By Type | |
| Top Load | |
| Front Load |
| By Technology | |
| Fully-Automatic | |
| Semi-Automatic |
| By Distribution Channel | |
| Multibrand Stores | |
| Exclusive Stores | |
| Online | |
| Other Distribution Channels |
| By End Users | |
| Residential | |
| Commercial |
UK Washing Machine Market Trends
This section covers the major market trends shaping the UK Washing Machine Market according to our research experts:
Washing Machine Market is Being Driven by Increasing Urbanization
The demand for washing machines is mostly in urban areas, which account for a major percentage of sales. Residents in urban areas consume in quite different ways than those who live in rural areas. In the country, the use of washing machines is rapidly increasing. Growing family incomes, improved technologies, an increase in the number of nuclear families, rising personnel expenses, a rising tendency of working women, and the availability of consumer credit in urban areas are all factors contributing to this growth. Consumers are expected to be drawn to smart washing machines by rapid urbanization and lifestyle changes. The expanding urban population in the country, which is characterized by high-income individuals, is likely to fuel washing machine demand over the projection period.
The United Kingdom washers and dryers are generally made to conform to one primary problem: lack of space. The houses and apartments in Europe are often both older and closer together than those built in the United States (other countries such as Japan also have similar problems). This lack of space leads to smaller living quarters, which in turn leads to less space for large appliances such as washers and dryers. For this reason, European washers and dryers tend to be smaller than American versions, often coming as two parts of one appliance, and can only handle smaller loads. They are also designed with a greater focus on energy-efficiency and smooth operation.
To understand key trends, Download Sample Report
Online Purchase
The Fully Automatic washing machine market is expected to grow in the forecast period. A fully automatic system offers a clean wash and even extracts dirt and stains efficiently. For stain removal the front loader automatic washing machine is particularly effective because of tumble motion, higher revolutions per minute, and the in-built water heater which facilitates better stain removal without harming the cloth. These washing machines use less water and have lower power consumption and better voltage management system. Hence, the product premiumization trend favours front-load washing machines. However, the top-loading machines continue to have a higher share as the price difference between the two is substantial.
The agitator rubs against the clothes in a top loader to cause friction, which removes marks and stains on the garments, although this can harm the fabric material. Semi-automatic stain removal is not as effective as an automatic washing machine.
UK Washing Machine Industry Overview
The washing machine market tends to be competitive with the presence of international players. Energy labels and energy-efficiency policies have enabled manufacturers to focus on the development of energy-efficient products. Manufacturers are focusing on new product development, advancement in technologies, and increasing their manufacturing capacity. Domestic players have turned their focus towards rural areas as urban markets are dominated by foreign multinationals. Some of the key players in the washing machine market are Hotpoint, LG Electronics India Pvt. Ltd., Samsung India Electronics Ltd, Whirlpool, Godrej, Electrolux, IFB, Lloyd, Bosch, Haier, Videocon, and Other prominent players.
UK Washing Machine Market Leaders
Hotpoint
Samsung
Bosch
Beko
Indesit
*Disclaimer: Major Players sorted in no particular order
UK Washing Machine Market News
AI Enabled
Samsung has launched an artificial intelligence (AI) enabled bi-lingual washing machine with Hindi and English user interface. This new line-up of fully automatic front load washing machines is claimed to be made for India. It comes with Samsung’s proprietary Eco-Bubble and Quick Drive technology which the company claims, helps in saving time and power while providing 45% extra fabric care. The washing machine line-up comes with 21 new models, all equipped with artificial intelligence (AI) features. The AI learns and remembers laundry habits and suggests the most frequently used wash cycle. This smart Internet of Things (IoT) enabled washing machine line up can be connected with Samsung smart devices such as Galaxy smartphones, Samsung Smart TVs and Family Hub refrigerators as well as voice devices such as Alexa and Google Home.
Government Decision
Manufacturers are set to be forced to make major appliances more repairable and, repairable for longer under new rules set to come into force from the EU from 2021. For well over a decade, we've been pushing for this to happen along with others including the "Right to Repair" campaigns that have seemingly finally started to get some traction with the notion that, throwing out perfectly serviceable appliances and buying new ones isn't either financially or environmentally sensible at all. On the face of it, this new legislation is set to make repairs to appliances both more cost-effective and in a good many instances, possible as opposed to where we are now with many not being one or either.
UK Washing Machine 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 INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Recent Development In Markets
4.6 Porter's Five Force Model
4.7 Technology Snapshot
4.8 Consumer Behaviour Analysis
4.9 Government Regulation In Market
4.10 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Top Load
5.1.2 Front Load
5.2 By Technology
5.2.1 Fully-Automatic
5.2.2 Semi-Automatic
5.3 By Distribution Channel
5.3.1 Multibrand Stores
5.3.2 Exclusive Stores
5.3.3 Online
5.3.4 Other Distribution Channels
5.4 By End Users
5.4.1 Residential
5.4.2 Commercial
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Hotpoint
6.2.2 Samsung
6.2.3 Bosch
6.2.4 Beko
6.2.5 Indesit
6.2.6 Hoover
6.2.7 Whirlpool
6.2.8 LG
*List Not Exhaustive7. MARKET OPPORTUNITIES AND FUTURE TRENDS
UK Washing Machine Market Research FAQs
What is the study period of this market?
The United Kingdom Washing Machine Market is studied from 2019 - 2028.
What is the growth rate of United Kingdom Washing Machine Market ?
The United Kingdom Washing Machine Market is growing at a CAGR of <2% over the next 5 years.
Who are the key players in United Kingdom Washing Machine Market ?
Hotpoint, Samsung, Bosch, Beko, Indesit are the major companies operating in United Kingdom Washing Machine Market .
United Kingdom Washing Machine Industry Report
Statistics for the 2023 United Kingdom Washing Machine market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Kingdom Washing Machine analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
