United Kingdom (UK) Electricals Market Analysis by Categories, Revenue Share, Consumer Attitudes, Key Players and Forecast to 2028
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The UK Electricals report offers a comprehensive insight into the Electricals market in the UK, analysing the sector, the major players, the main trends, and consumer attitudes, as well as providing market forecasts out to 2029.
The electricals sector is forecast to grow at compound annual growth rate (CAGR) of 2.1% between 2024 and 2029, reaching £51.5bn by the end of the period. Growth will be strongest for phones & software, which will grow at a CAGR of 4.9% as consumers seek to upgrade their smarphones for ones with AI capabilities.
Scope
Currys and Amazon were the biggest winners in 2024
Secondhand electricals will outpace retail out to 2029
Retailers are diversifying revenue streams with supplemental services
Key Highlights
The electricals sector is forecast to grow at compound annual growth rate (CAGR) of 2.1% between 2024 and 2029, reaching £51.5bn by the end of the period.
Currys and Amazon were the biggest winners in 2024
Secondhand electricals will outpace retail out to 2029
Retailers are diversifying revenue streams with supplemental services
Reasons to Buy
Using our five year forecasts to 2029, learn which categories in the Electricals market will be the fastest performing to enable focus and investment in these winning product areas.
Understand how drivers of Electricals purchases, such as range, price and quality, vary in importance among different demographics to maximise sales potential.
Use our in-depth analysis and forecasts to understand the current and future performances of the different channels, including online and offline.
Amazon
AO
Apple
Appliances Direct
Argos
ASDA
B&M
B&Q
Back Market
Boots
Bosch
Carlyle
Comet
Costco
Currys
Dreame
Dunelm
EE
Euronics
GlobalData
Harvey Norman
Hisense
Home Bargains
IKEA
JD.com
John Lewis & Partners
JoyBuy
Klarna
Kobo
Lidl
Littlewoods
Marks Electrical
Microsoft
Morrisons
musicMagpie
NHS
Nintendo
OnBuy
OpenAI
Rakuten
Sainsbury's
Samsung
Sony
Temu
Tesco
The Range
The Very Group
Very
Vinted
WHSmith
Table of Contents
Table
Figures
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