Electrical Household Appliance Retailing in the UK - Industry Market Research Report
Description
Electrical Household Appliance Retailing in the UK
Electrical household appliance retailers are vulnerable to fluctuations in consumer spending patterns, housing market volatility and e-commerce trends. The COVID-19 outbreak wreaked havoc on appliance retailers. The housing market was put on the back burner, with property transactions falling to a record low in April 2020. Closures of non-essential businesses, including those in this industry, accelerated the high street's death. The slowdown in housing transactions limited demand for white goods (think large domestic appliances, e.g. washing machines), which are big-ticket, high-margin products – that's why revenue and the average profit margin dipped over 2020-21. The pandemic has induced a shift to e-commerce, with a surge in online orders since the outbreak.
Stores in this industry sell household electrical appliances classified as white goods. Products include washing machines, tumble dryers, refrigerators, freezers and electric cookers. Small domestic appliances such as microwaves, vacuum cleaners, kettles, toasters and irons are also included. Stores that specialise in selling audiovisual, computing and photographic equipment are not covered. Online-only stores with no physical outlets are also excluded.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Electrical household appliance retailers are vulnerable to fluctuations in consumer spending patterns, housing market volatility and e-commerce trends. The COVID-19 outbreak wreaked havoc on appliance retailers. The housing market was put on the back burner, with property transactions falling to a record low in April 2020. Closures of non-essential businesses, including those in this industry, accelerated the high street's death. The slowdown in housing transactions limited demand for white goods (think large domestic appliances, e.g. washing machines), which are big-ticket, high-margin products – that's why revenue and the average profit margin dipped over 2020-21. The pandemic has induced a shift to e-commerce, with a surge in online orders since the outbreak.
Stores in this industry sell household electrical appliances classified as white goods. Products include washing machines, tumble dryers, refrigerators, freezers and electric cookers. Small domestic appliances such as microwaves, vacuum cleaners, kettles, toasters and irons are also included. Stores that specialise in selling audiovisual, computing and photographic equipment are not covered. Online-only stores with no physical outlets are also excluded.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
40 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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