Industry Analysis & Industry Trends
When purchasing an appliance, consumers consider price, efficiency, durability, style and brand. Electrical appliance manufacturers in the United Kingdom are inhibited by relatively high costs compared with those in countries where labour is cheap. The total UK market for electrical appliances is estimated to be worth £4.1 billion in 2016-17, of which an estimated 69.1% is satisfied by imports. Exports are forecast to generate 30.5% of industry revenue in 2016-17.
Over the five years through 2016-17, revenue is estimated to increase at a compound annual rate of 0.4%. Industry revenue expanded as improving economic conditions allowed consumer confidence levels to rise and boosted demand for electrical appliances... purchase to read more
Industry Report - Industry Products Chapter
Industry players manufacture a plethora of domestic household appliances, including refrigerators, freezers, dishwashers, vacuum cleaners, floor polishers, washing and drying machines, grinders, cooking equipment, electric water heaters and electric blankets. Most firms specialise in manufacturing certain types of appliances. The products can be broadly classified into five segments.
The white goods segment is the largest in the industry and is estimated to account for 31.2% of industry revenue in 2016-17. Products in this segment are large household appliances and include household refrigerators, freezers, washing machines, dishwashers and cookers. Thi.. purchase to read more