Hoovering up sales: Imports have continued to dominate the industry, despite the weak pound

In recent years, the industry has been challenged by a high degree of import competition and weak economic conditions. Although high consumer confidence boosted industry demand during the first two years of the period, economic uncertainty following the outcome of the EU referendum has caused confidence to fall, weighing on domestic demand in the latter part of the period. Although demand has been buoyed by high levels of residential construction activity, a high incidence of import competition, with imports expected to satisfy 78.7% of domestic demand in 2018-19, has limited the extent to which operators have been able to benefit from this...read more.

Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 14-19
1.1%
Forecast Growth 19-24
Profit
Employment
9,676
Businesses
177

Industry Threats & Opportunities

  • High demand for new housing has stimulated industry revenue over the past five-year period
  • Demand has been supported by residential construction, which is expected to continue to rise
  • Further cuts to welfare payments are expected to restrict industry demand
  • Industry Report - Industry Analysis Chapter

    Foreign-owned companies dominate the domestic market for electrical appliances as imports satisfy a large portion of domestic demand. Operators tend to specialise in a narrow range of products and tend to compete on quality rather than price, with some firms able to benefit from strong reputations to gain a competitive advantage over foreign firms and provide some resistance to their declining share of domestic demand. Despite this competitive pressure, over the five years through 2018-19 industry revenue is expected to record modest growth, increasing at a compound annual rate of 1.1% to reach £2 billion. Improvements in the housing market during the first two years of the period, coupled with high consumer confidence, supported domestic demand for electronic appliances. How...purchase to read more.

    Additional Insights for the Electrical Appliance Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Electrical Appliance Manufacturing Industry are

  • Establishment of brand names
  • Development of new products
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Consumer confidence index and Demand from residential building construction in the Electrical Appliance Manufacturing industry impact industry performance..

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    What's in this report

    What is the Electrical Appliance Manufacturing Industry?

    This industry includes operators that manufacture electrical household appliances. These include refrigerators, freezers, dishwashers, cookers and vacuum cleaners. Players also manufacture electrothermal appliances such as electric water heaters and electric blankets. The manufacture of commercial electric appliances is excluded from the industry. Room air conditioners, attic fans, permanently mounted space heaters and sewing machines are also not included in the industry.

    Industry Products
  • White goods
  • Water heaters
  • Fans
  • Space heaters and other heaters
  • Other products and parts
  • Industry Activities
  • Manufacturing electric refrigerators, freezers and dishwashers
  • Manufacturing washing and drying machines, ovens and cookers
  • Manufacturing electric water heaters
  • Manufacturing electric space heaters and portable household fans
  • Manufacturing vacuum cleaners and electric floor polishers
  • Manufacturing electric dryers, combs, brushes, curlers and smoothing irons
  • Manufacturing small electric food-processing and cooking equipment
  • Manufacturing other small electric appliances like waste disposers, shavers and toothbrushes
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer confidence index
  • Demand from residential building construction
  • Number of residential property transactions
  • Real effective exchange rate
  • Official bank rate

  • Current Performance
  • Consumer confidence
  • Housing market
  • International trade
  • Margins improve
  • Chart: Revenue Growth

  • Industry Outlook
  • Expanding margins
  • Growth limitations
  • Demand for housing
  • Potential issues
  • International competition
  • Table: Electrical Appliance Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Electrical Appliance Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Residential Building Construction
  • Household Appliance & Television Wholesaling
  • Electrical Household Appliance Retailing
  • Consumers

  • Key Selling Industries
  • Copper Production
  • Electric Motor, Generator & Transformer Manufacturing
  • Flat Glass Manufacturing
  • Manufacture of Plastic Plates, Sheets, Tubes and Profiles
  • Primary Form Plastics Manufacturing
  • Rubber Product Manufacturing

  • Products & Services
  • White goods
  • Water heaters
  • Fans
  • Other products and parts
  • Space heaters and other heaters
  • Chart: Electrical Appliance Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Wholesalers
  • Retailers
  • Direct sales
  • Chart: Major Market Segmentation for the Electrical Appliance Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Electrical Appliance Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Electrical Appliance Manufacturing Industry

  • Industry Globalization
    AGA Rangemaster Ltd, Glen Dimplex Home Appliances Ltd, Baxi Heating UK Ltd,
  • Table: AGA Rangemaster Ltd - financial performance
  • Table: Glen Dimplex Home Appliances Ltd - financial performance
  • Table: Baxi Heating UK Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Electrical Appliance Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Electrical Appliance Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Electric Blanket
  • A blanket with an integrated electrical heating device usually placed above the top bed sheet.
  • Water Heater
  • A heating unit that sits underneath a water storage tank.
  • White Goods
  • Large household appliances such as refrigerators, freezers and washing machines.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Electrical Appliance Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Electrical Appliance Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Electrical Appliance Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Electrical Appliance Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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