UK Washing Machine Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.52 Billion |
| Market Size (2029) | USD 1.7 Billion |
| CAGR (2024 - 2029) | 2.24 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
UK Washing Machine Market Analysis
The United Kingdom Washing Machine Market size is estimated at USD 1.52 billion in 2024, and is expected to reach USD 1.7 billion by 2029, growing at a CAGR of 2.24% during the forecast period (2024-2029).
The UK washing machine market is substantial, reflecting the country's high level of household penetration and consumer demand for laundry appliances The factors leading to income growth include urbanization, digitalization, shifting consumer purchasing habits, and demand in new countries.
It is anticipated that the introduction of the next generation of washing machines, which include technology for the economical use of water and power, will positively affect the market for these products. Demand for this under-penetrated product has grown because of the rise in dual-income homes and the lack of time for laundry. Supermarkets and hypermarkets are predicted to have the fastest growth in the upcoming years, followed by online sales channels and distribution channels. The reason for consumers choosing to use these sales channels is the rise in the convenience of services offered by the internet platform combined with the attractive discounts and purchase rebates offered by numerous companies through purchases made at hypermarkets.
UK Washing Machine Market Trends
Washing Machine Market is Being Driven by Increasing Urbanization
The demand for washing machines is mostly in urban areas, which account for a major percentage of sales. Residents in urban areas consume in quite different ways than those in rural areas. In the country, the use of washing machines is rapidly increasing. Growing family incomes, improved technologies, an increase in the number of nuclear families, rising personnel expenses, a rising tendency of working women, and the availability of consumer credit in urban areas are all factors contributing to this growth. Due to rapid urbanization and lifestyle changes, consumers are expected to be drawn to smart washing machines. The expanding urban population in the country, which high-income individuals characterize, is likely to fuel washing machine demand over the projection period.
In the United Kingdom, washers and dryers are generally made to conform to one primary problem: lack of space. The houses and apartments in Europe are often both older and closer together than those built in the United States (other countries such as Japan also face similar problems). This lack of space leads to smaller living quarters and less space for large appliances such as washers and dryers. For this reason, European washers and dryers tend to be smaller than American versions, often coming as two parts of one appliance, and can only handle smaller loads. They are also designed to focus more on energy efficiency and smooth operation.
Rise in Consumer Spending on Household Appliances is Driving the Market in the United Kingdom
Last year, consumer spending was about GBP 14.5 billion (USD 17.96 billion), which increased from GBP 13.17 billion (USD 16.31 billion) the previous year. Most millennials never want to spend their valuable time doing daily chores such as washing clothes. It is due to increased disposable income and an individual's busy lifestyle. These factors are driving the market growth. With changing lifestyle patterns and the increasingly busy schedule of the working population, consumer preferences turned to on-demand laundry and dry-cleaning services. These services offer pick-up and delivery options at the front door to enhance consumer convenience.
UK Washing Machine Industry Overview
The washing machine market is competitive with the presence of international players. Energy labels and energy-efficiency policies enabled manufacturers to focus on developing energy-efficient products. Manufacturers are focusing on new product development, technological advancement, and increasing manufacturing capacity. Domestic players focused on rural areas as foreign multinationals dominate urban markets. Some key players in the washing machine market are Hotpoint, LG Electronics India Pvt. Ltd., Samsung India Electronics Ltd, Whirlpool, Godrej, Electrolux, IFB, Lloyd, Bosch, Haier, Videocon, and Other prominent players.
UK Washing Machine Market Leaders
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Hotpoint
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Samsung
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Bosch
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Beko
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Indesit
*Disclaimer: Major Players sorted in no particular order
UK Washing Machine Market News
- In March 2023, AEG announced the launch of its new Care product range, including washing machines, washer dryers, and tumble dryers with a sleek new design and new care and connectivity features. The new range of AEG washing machines includes features such as the new PowerClean program for complete stain removal and ProSense for automatically adjusting each load's time, water, and energy.
- In February 2023, Samsung launched Most Energy Efficient 11 kg AI Bespoke Washing Machine and 9 kg Tumble Dryer in the UK. The new Bespoke AI Washing Machine contains an A-rated energy efficiency rating and is the most energy-efficient 11 kg washing machine on the market. Featuring SpaceMax Technology, the new Bespoke AI Washing Machine can fit a bigger-sized drum into a standard 600 mm depth cabinet, allowing for greater wash loads of up to 11 kg, ideal for busy households.
UK Washing Machine Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Consumer Behaviour Analysis
4.7 Insights on Technological Innovations in the Market
4.8 Government Regulation Shaping the Market
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Top Load
5.1.2 Front Load
5.2 By Technology
5.2.1 Fully-Automatic
5.2.2 Semi-Automatic
5.3 By End Users
5.3.1 Residential
5.3.2 Commercial
5.4 By Distribution Channel
5.4.1 Multibrand Stores
5.4.2 Exclusive Stores
5.4.3 Online Stores
5.4.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Hotpoint
6.2.2 Samsung
6.2.3 Bosch
6.2.4 Beko
6.2.5 Indesit
6.2.6 Hoover
6.2.7 Whirlpool
6.2.8 LG
6.2.9 Haier
6.2.10 AEG*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
UK Washing Machine Industry Segmentation
A washing machine is a home appliance used to wash laundry. The term mostly applies to machines using water instead of dry or ultrasonic cleaners. The user adds laundry detergent sold in liquid or powder form to the wash water.
The United Kingdom Washing Machine Market is segmented by type, technology, end-user, and distribution channel. By type, the market is sub-segmented into front load and top load. By technology the market is sub-segmented into fully- automated and semi-automated. By end-user, the market is sub-segmented into commercial and residential. By distribution channel, the market is sub-segmented into multi-brand stores, exclusive stores, online, and other distribution channels.
The report offers market sizes and forecasts for the washing machine market in the United Kingdom in revenue (USD) for all the above segments.
| By Type | |
| Top Load | |
| Front Load |
| By Technology | |
| Fully-Automatic | |
| Semi-Automatic |
| By End Users | |
| Residential | |
| Commercial |
| By Distribution Channel | |
| Multibrand Stores | |
| Exclusive Stores | |
| Online Stores | |
| Other Distribution Channels |
UK Washing Machine Market Research FAQs
How big is the United Kingdom Washing Machine Market?
The United Kingdom Washing Machine Market size is expected to reach USD 1.52 billion in 2024 and grow at a CAGR of 2.24% to reach USD 1.7 billion by 2029.
What is the current United Kingdom Washing Machine Market size?
In 2024, the United Kingdom Washing Machine Market size is expected to reach USD 1.52 billion.
Who are the key players in United Kingdom Washing Machine Market?
Hotpoint, Samsung, Bosch, Beko and Indesit are the major companies operating in the United Kingdom Washing Machine Market.
What years does this United Kingdom Washing Machine Market cover, and what was the market size in 2023?
In 2023, the United Kingdom Washing Machine Market size was estimated at USD 1.49 billion. The report covers the United Kingdom Washing Machine Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Washing Machine Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UK Washing Machine Industry Report
Statistics for the 2024 UK Washing Machine market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Washing Machine analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
