Market Size of United Kingdom Washing Machine Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.52 Billion |
| Market Size (2029) | USD 1.7 Billion |
| CAGR (2024 - 2029) | 2.24 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
UK Washing Machine Market Analysis
The United Kingdom Washing Machine Market size is estimated at USD 1.52 billion in 2024, and is expected to reach USD 1.7 billion by 2029, growing at a CAGR of 2.24% during the forecast period (2024-2029).
The UK washing machine market is substantial, reflecting the country's high level of household penetration and consumer demand for laundry appliances The factors leading to income growth include urbanization, digitalization, shifting consumer purchasing habits, and demand in new countries.
It is anticipated that the introduction of the next generation of washing machines, which include technology for the economical use of water and power, will positively affect the market for these products. Demand for this under-penetrated product has grown because of the rise in dual-income homes and the lack of time for laundry. Supermarkets and hypermarkets are predicted to have the fastest growth in the upcoming years, followed by online sales channels and distribution channels. The reason for consumers choosing to use these sales channels is the rise in the convenience of services offered by the internet platform combined with the attractive discounts and purchase rebates offered by numerous companies through purchases made at hypermarkets.
