Market Forecast By Type (Freestanding, Built-In), By Product (Washing Machine, Dryers, Electric Smoothing Irons & Others), By Technology (Automatic, Semi-Automatic & Others), By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online & Others) and competitive landscape
Product Code: ETC003873 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | United Kingdom Laundry Appliances Market |
Forecast period | 2024-2030 |
CAGR | 3.5% |
Growing Sector | Automatic Technology Segment |
The United Kingdom Laundry Appliances Market report thoroughly covers the market by type, product, technology and distribution channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The United Kingdom Laundry Appliances Market is expected to experience a steady growth during the forecast period. This growth can be attributed to factors such as increasing disposable income, changing lifestyles and rising demand for convenient and efficient laundry solutions.
According to 6Wresearch, United Kingdom Laundry Appliances Market size is expected to grow at a CAGR 3.5% during 2024-2030. A primary factor propelling this expansion is the increasing consciousness regarding eco-friendly and energy-efficient appliances. Through a number of programs and laws, the UK government has also been encouraging the use of energy-efficient appliances. The need for energy-efficient washers and dryers has increased as a result of this.
The move toward smart laundry appliances, which can be operated remotely via cellphones or other devices, is another element propelling the industry. Customers benefit from this in addition to it helping to optimize laundry cycles and lower energy consumption. It is anticipated that the market for smart laundry appliances will continue to develop as smart homes become more and more popular.
Some key players in the UK laundry appliances market include Whirlpool Corporation, Electrolux AB, LG Electronics Inc., Samsung Electronics Co., Ltd., and Miele & Cie KG among others. These companies are constantly innovating and introducing new products to stay competitive in the market.
The UK government has launched a number of programs to encourage energy-efficient home appliances, such as laundry machines. For example, major firms are required by the Energy Savings Opportunity Scheme (ESOS) to carry out energy audits and put policies in place to lower their energy usage. Similar to this, the Energy Company Obligation (ECO) program offers financial assistance to low-income or vulnerable households so they can install energy-efficient equipment and replace their heating systems.
Regarding the future of the laundry appliances market in the United Kingdom, several significant conclusions may be made. It is anticipated that homes will increasingly use smart laundry appliances due to technological improvements and rising consumer desire for convenience. Furthermore, the demand for eco-friendly items may increase as a result of environmental concerns and the push for sustainable practices.
According to Dhaval, Research Manager, 6Wresearch, the built-in segment is expected to witness the highest growth in demand during the forecast period. This can be attributed to the increasing trend towards integrated kitchen appliances and modern home designs that favor built-in appliances. Additionally, built-in laundry appliances offer convenience and space-saving solutions for smaller homes where every inch of space matters. Therefore, this segment is likely to witness significant growth due to its growing popularity among consumers.
the washing machine segment is expected to witness the highest demand growth in the UK laundry appliances market. This can be attributed to the increasing number of households and rising disposable income, leading to a higher demand for efficient and convenient laundry solutions. Moreover, with advancements in technology, washing machines are now available with various features such as automatic detergent dispensers, steam cleaning options, and smart connectivity options that appeal to consumers.
The automatic technology segment is expected to witness the highest demand growth in the UK laundry appliances market. This can be attributed to the increasing demand for convenience and time-saving solutions among consumers. Automatic washing machines offer features such as load sensing, automatic detergent dispensers, and smart connectivity options that make laundry tasks more efficient and hassle-free. With advancements in technology, these features are becoming more affordable and accessible to a wider range of consumers, driving the demand for automatic laundry appliances.
The online distribution channel is expected to witness the highest growth in demand in the UK laundry appliances market. This can be attributed to the increasing popularity of e-commerce and the convenience it offers to consumers. With a wide range of options and competitive prices, more consumers are turning to online platforms for purchasing household appliances. Moreover, with advancements in technology like virtual shopping and easy returns policies, online sales are expected to continue growing in this industry.
The UK Laundry Appliances Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. UK Laundry Appliances Market Overview |
3.1. UK Laundry Appliances Market Revenues & Volume, 2020-2030F |
3.2. UK Laundry Appliances Market Revenue Share, By Regions, 2020 & 2030F |
4. UK Laundry Appliances Market Overview |
4.1. UK Country Indicators |
4.2. UK Laundry Appliances Market Revenues & Volume, 2020-2030F |
4.3. UK Laundry Appliances Market Industry Life Cycle |
4.4. UK Laundry Appliances Market Ecosystem and Value Chain Analysis |
4.5. UK Laundry Appliances Market Porter’s Five Forces Model |
4.6. UK Laundry Appliances Market Revenue Share, By Type, 2020 & 2030F |
4.7. UK Laundry Appliances Market Revenue Share, By Product, 2023 |
4.8. UK Laundry Appliances Market Revenue Share, By Distribution Channels, 2023 |
4.9. UK Laundry Appliances Market Revenue Share, By Technology, 2023 |
5. UK Laundry Appliances Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.3. Market Restraints |
6. UK Laundry Appliances Market Trends |
7. UK Laundry Appliances Market Overview, By Type |
7.1. UK Freestanding Laundry Appliances Market Revenues & Volume, 2020-2030F |
7.2. UK Built-In Laundry Appliances Market Revenues & Volume, 2020-2030F |
8. UK Laundry Appliances Market Overview, By Product |
8.1. UK Laundry Appliances Market Revenues, By Washing Machine, 2023 |
8.2. UK Laundry Appliances Market Revenue Share, By Dryers, 2023 |
8.3. UK Laundry Appliances Market Revenue Share, By Electric Smoothing Irons, 2023 |
8.4. UK Laundry Appliances Market Revenue Share, By Others, 2023 |
9. UK Laundry Appliances Market Overview, By Distribution Channels |
9.1. UK Laundry Appliances Market Revenues, By Hypermarkets and Supermarkets, 2023 |
9.2. UK Laundry Appliances Market Revenue Share, By Specialty Stores, 2023 |
9.3. UK Laundry Appliances Market Revenue Share, By Online, 2023 |
9.4. UK Laundry Appliances Market Revenue Share, By Others, 2023 |
10. UK Laundry Appliances Market Overview, By Technology |
10.1. UK Laundry Appliances Market Revenues, By Automatic, 2023 |
10.2. UK Laundry Appliances Market Revenue Share, By Semi-Automatic, 2023 |
10.3. UK Laundry Appliances Market Revenue Share, By Others, 2023 |
11. UK Laundry Appliances Market Regulations |
12. UK Laundry Appliances Market Opportunity Assessment |
12.1. UK Laundry Appliances Market Opportunity Matrix, By Type, 2030F |
12.2. UK Laundry Appliances Market Opportunity Matrix, By Product, 2030F |
12.3. UK Laundry Appliances Market Opportunity Matrix, By Distribution Channels, 2030F |
12.4. UK Laundry Appliances Market Opportunity Matrix, By Technology, 2030F |
13. UK Laundry Appliances Market, Competitive Landscape |
13.1. UK Laundry Appliances Market Competitive Benchmarking, By Operating and Technical Parameters |
13.2. UK Laundry Appliances Market Revenue Share, By Company, 2023 |
14. Company Profiles |
15. Strategic Recommendations |
16. Disclaimer |