Newly released market study: Large Cooking Appliances in the United Kingdom

From: Fast Market Research, Inc.
Published: Sun Mar 13 2016

In 2015 retail volume sales of large cooking appliances were boosted by an ongoing increase in construction activity in the UK. This corresponded with a notable uptick in consumer confidence, as real wages recorded their first significant increase since the trough of the crisis in 2009. Notably, sales of consumer appliances linked to construction spiked during the first half of 2015 as a result of the so-called "post-election feel-good factor". Specifically, the establishment of a majority Conservative government during the first half of the year put an end to months of political uncertainty, which had seen investors and developers postpone a significant number of property investments.

Competitive Landscape

With a retail volume share of 15% in 2015, down from 16% in 2014, Indesit Co UK retained the lead in large cooking appliances. With a range of low- to mid-priced appliances, Indesit saw strong share growth during the poor economic conditions immediately following the trough of the financial crisis in 2009, as consumers in the UK restrained their spending overall. According to trade sources, strong volume sales of Indesit’s products were also supported by a particularly extensive national distribution network.

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Industry Prospects

Over the forecast period, as the UK continues to see gradual recovery in construction activity and real wages, the retail volume growth of large cooking appliances is expected to outpace the growth recorded in the review period. Sales growth will continue to be led by built-in cooking appliances, as house construction sees a gradual recovery to pre-crisis levels.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Large Cooking Appliances industry in United Kingdom with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Large Cooking Appliances industry in United Kingdom, our research will save you time and money while empowering you to make informed, profitable decisions.

The Large Cooking Appliances in United Kingdom market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Large Cooking Appliances in United Kingdom?
* What are the major brands in United Kingdom?

About Fast Market Research

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You may also be interested in these related reports:

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- Small Cooking Appliances in the United Kingdom
- Small Kitchen Appliances (Non-Cooking) in the United Kingdom
- Consumer Appliances in the United Arab Emirates

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