Industry Analysis & Industry Trends
Operators in the Household Appliance and Television Wholesaling industry distribute household items such as laundry appliances, cooking appliances and TV sets to retailers. The industry plays an essential role in distributing a variety of goods to the downstream retail industry. Its performance is therefore highly dependent on the UK consumer backdrop. After commencing the period on a low base, following the downturn, the industry has been recovering gradually. As the economy has strengthened, households have increased their discretionary spending, stimulating demand from key downstream markets.
Over the five years through 2016-17, industry revenue is estimated to contract at a compound annual rate of 2.4% to £12.9 billion... purchase to read more
Industry Report - Industry Products Chapter
Major household appliances
The products in this segment generate an estimated 46% of revenue, which makes this the largest segment in the industry. Products include laundry appliances, cooking appliances, fridges, freezers and dishwashers. The revenue generated by this segment has increased in recent years, driven by rising discretionary spending and increasing activity in the residential housing market. Low interest rates have supported investment in new housing stock, resulting in an increase in the number of new builds and spurring demand for industry firms operating in this segment. Over the next five years, innovative energy-efficient products are expected to transform the segment.
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