U.K. Smart Kitchen Appliances Market Size & Outlook
- Consumer Goods
- Consumer Electronics & Appliances
- Smart Kitchen Appliances Market Outlook
- Consumer Electronics & Appliances
U.K. Smart Kitchen Appliances Market, 2017-2030 (US$M)
Global Market
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UK smart kitchen appliances market highlights
- The UK smart kitchen appliances market generated a revenue of USD 676.3 million in 2022 and is expected to reach USD 2,346.4 million by 2030.
- The UK market is expected to grow at a CAGR of 16.8% from 2023 to 2030.
- In terms of segment, smart refrigerators was the largest revenue generating product in 2022.
- Other Appliances is the most lucrative product segment registering the fastest growth during the forecast period.
Smart kitchen appliances market data book summary
| Market revenue in 2022 | USD 676.3 million |
| Market revenue in 2030 | USD 2,346.4 million |
| Growth rate | 16.8% (CAGR from 2022 to 2030) |
| Largest segment | Smart refrigerators |
| Fastest growing segment | Other Appliances |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Refrigerators, Smart Cookware & Cooktops, Smart Dishwashers, Smart Ovens, Other Appliances |
| Key market players worldwide | Whirlpool Corp, LG Electronics Inc ADR, Electrolux AB ADR, Samsung Electronics Co Ltd, Haier Smart Home Co Ltd ADR, Panasonic Holdings Corp, Bosch, Breville Group Ltd, Miele, Daewoo International |
Other key industry trends
- In terms of revenue, UK accounted for 4.3% of the global smart kitchen appliances market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany smart kitchen appliances market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,119.8 million by 2030.
Over the last few years, the market value of consumer restaurants in the U.K. has continuously increased. The growing consumption of fast food is a key factor that will potentially favor the installation of smart kitchen gadgets at fast food restaurants. For instance, in May 2021, Papa John’s, a U.S.-based pizza chain, announced that it would open nine more franchise stores across the country.
The company also has an expansion plan, with 50 more new franchise stores across the U.K over the next 4 years. These market trends are expected to fuel the demand for smart kitchen appliances in the commercial sector over the forecast period.
Key Regions:U.S., UK, Brazil, India, South Africa
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Smart Kitchen Appliances Market Scope
Smart Kitchen Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Panasonic Holdings Corp | View profile | 230,025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | holdings.panasonic |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| LG Electronics Inc ADR | View profile | 35,111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | www.lge.co.kr |
| Electrolux AB ADR | View profile | 41,869 | Street Goransgatan 143, Stadshagen, Stockholm, Sweden, SE-105 45 | www.electroluxgroup.com |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | www.bosch.com |
| Haier Smart Home Co Ltd ADR | View profile | 112,458 | Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 | smart-home.haier.com/cn |
| Whirlpool Corp | View profile | 59,000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | www.whirlpoolcorp.com |
| Breville Group Ltd | View profile | 452 | 170-180 Bourke Road, Ground Floor, Suite 2, Alexandria, Sydney, NSW, Australia, 2015 | www.brevillegroup.com.au |
| Miele | View profile | 10001+ | Gütersloh, Nordrhein-Westfalen, Germany, Europe | www.miele.com |
| Daewoo International | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | www.daewoo.com |
U.K. Smart Kitchen Appliances Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Smart Kitchen Appliances Market Outlook will help companies and investors design strategic landscapes.
Smart Refrigerators was the largest segment with a revenue share of 35.5% in 2022.
Horizon Databook has segmented the U.K. smart kitchen appliances market based on smart refrigerators, smart cookware & cooktops, smart dishwashers, smart ovens, other appliances covering the revenue growth of each sub-segment from 2017 to 2030.
Over the last few years, the market value of consumer restaurants in the U.K. has continuously increased. The growing consumption of fast food is a key factor that will potentially favor the installation of smart kitchen gadgets at fast food restaurants. For instance, in May 2021, Papa John’s, a U.S.-based pizza chain, announced that it would open nine more franchise stores across the country.
The company also has an expansion plan, with 50 more new franchise stores across the U.K over the next 4 years. These market trends are expected to fuel the demand for smart kitchen appliances in the commercial sector over the forecast period.
- U.K. Smart Kitchen Appliances Market Product Outlook (Revenue, USD Million , 2017-2030)
- Smart Refrigerators
- Smart Cookware & Cooktops
- Smart Dishwashers
- Smart Ovens
- Other Appliances
- U.K. Smart Kitchen Appliances Market Application Outlook (Revenue, USD Million , 2017-2030)
- Residential
- commercial
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. Smart Kitchen Appliances Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Smart Kitchen Appliances Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Smart Kitchen Appliances Market, 2017-2030 (US$M)
UK smart kitchen appliances market statistics, by product, 2017-2030 (US$M)
