Revolutionizing Home Cooking: Leading the U.K. Domestic Cooking Appliances Market

The U.K. major domestic cooking appliances market is witnessing robust growth and innovation. Consumers are embracing advanced cooking technologies, leading to increased demand for smart ovens, induction cooktops, and multifunctional ranges. The market is characterized by a wide range of premium and affordable options from prominent brands, offering convenience and versatility in modern kitchen spaces. The rising interest in home cooking and culinary experiences further bolsters the market, reflecting a positive shift towards cooking at home.

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Data Bridge Market Research analyses that the U.K. Major Domestic Cooking Appliances Market is expected to grow at a CAGR of 7.8% in the forecast period of 2022 to 2029 and is expected to reach USD 3,692,744.49 thousand by 2029 from USD 20,24,879.44 thousand in 2021. Energy-efficient appliances have gained popularity due to environmental concerns and rising energy costs. Consumers are opting for cooking appliances that are energy-saving and eco-friendly.

Key Findings of the Study

Changing consumer lifestyles is expected to drive the market's growth rate

As consumer lifestyles become increasingly busy and time-constrained, there is a growing demand for cooking appliances that offer convenience and efficiency. Consumers seek appliances that can help them prepare meals quickly and effortlessly, allowing them to balance their hectic schedules while still enjoying home-cooked meals. Additionally, the desire for versatile cooking options addresses the diverse dietary preferences and cooking styles of modern consumers, providing flexibility and ease in meeting their culinary needs.

Report Scope and Market Segmentation

Segment Analysis:

The U.K. Major Domestic Cooking Appliances market is segmented on the basis of product and distribution channel.

• On the basis of product, the U.K. major domestic cooking appliances market is segmented into built-in hobs, cooker, oven, and residential cooker hoods. In 2022, the oven segment is expected to dominate the product segment of the market due to its fast heating and instant cooking applications, and this feature makes it a driver for domestic cooking appliances in the forecast period of 2022 to 2029.

In 2022, the oven segment is expected to dominate the product segment of the market

In 2022, the oven segment is expected to dominate the product segment of the market owing to the feature that makes it a driver for household cooking appliances because of their quick heating and instant cooking applications in the forecast period of 2022 to 2029.

• On the basis of distribution channel, the U.K. major domestic cooking appliances market is segmented into supermarkets/hypermarkets, specialty stores, e-commerce, and others. In 2022, the supermarkets/hypermarkets segment is expected to dominate the market, as it offers the ability to purchase domestic cooking appliances at a reduced discount price and offers various deals in the forecast period of 2022 to 2029.

Major Players

Data Bridge Market Research recognizes the following companies as the major U.K. major domestic cooking appliances market players in U.K. major domestic cooking appliances market are Whirlpool Corporation (U.S.), Panasonic Corporation (Japan), Faber S.p.A (Italy), Falmec S.p.A (Italy), TTK Prestige Ltd (India), Sub-Zero Group, Inc. (U.S.), Electrolux (Sweden), Robert Bosch Gmbh (Germany), SMEG S.p.A (Italy), Samsung (South Korea), Luxair Cooker Hoods Limited (U.K.)

Market Developments

• In 2021, Whirlpool Corporation invested $15 thousand into its factory in Tulsa, Oklahoma, as part of its ongoing efforts to further strengthen its U.S. manufacturing capabilities and bring even more innovative, top-ranking consumer products.
• In 2021, LG Electronics Inc. and Magna International Inc. (Magna) signed the transaction agreement, establishing a joint venture between the two companies. The new company, to be called LG Magna e-Powertrain.
• In 2022, Panasonic Consumer Electronics partnered with meal Kit Company Blue Apron. Under this partnership, Blue Apron will provide consumers with affordable cooking options that incorporate selected recipes in fast and delicious ways using the Panasonic 4-in-1 Multi-Oven.
• In 2021, Samsung Electronics entered into a partnership with Mindful Chef, a British food retailer. This partnership is expected to provide different kitchen items such as Dual Cook Flex ovens, Infinite Line ovens, and microwave manufactured to support Mindful Chef's goal of making healthy food easier.
• In 2020, Panasonic expanded its partnership with SideChef, a leading culinary platform. Through this partnership, the companies aimed to make cooking easier and more enjoyable at home by providing food planning, grocery shopping online, social media cooking, and SideChef selected recipes with Panasonic kitchen appliances technology.

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The company marks its wide global presence across Europe, North America, Asia-Pacific, Middle East and Africa, South America. The company has various subsidiaries such as Zanussi (Italy),  Electrolux Hausgeräte GmbH (Germany), Electrolux-mexico (Mexico), Electrolux Household Appliances (U.K.), Kwikot Limited (South Africa), White Sewing Machine Company (U.S.), among others.