UK Sector Series: Electricals, 2023-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $3,500	64 Pages	GlobalData	October, 2024	GBDT19324835

Best Price Guarantee
Price	from $3,500
Length	64 Pages
Publisher	GlobalData
Published Date	October, 2024
SKU	GBDT19324835

UK Sector Series: Electricals, 2023-2028

Summary

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 2028.

Following two years of declines, the electricals market is due to see a slight improvement, growing by 0.4% in 2024 before returning to more pronounced growth from 2025 onwards. The 0.2% decline seen in 2023 came as a result of consumers cutting back on non-essential big-ticket spending due to the high cost of living, as well as the weak housing market taking away a driver of spend. This trend persisted throughout the first half of 2024, with consumers being reluctant to spend more despite greater confidence in their finances.

Scope

The electricals market is forecast to grow by 0.4% in 2024 as consumer cutbacks are due to give way as discretionary incomes rise
Amazon and Currys are set to be the biggest winners in 2024
Smartphones and wearable health tech will be key drivers of electricals growth out to 2028

Reasons to Buy

Using our five year forecasts to 2028, 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.

Executive summary: The electricals market is forecast to grow by 0.4% in 2024 as consumer cutbacks are due to give way as discretionary incomes rise; Amazon and Currys are set to be the biggest winners in 2024; Smartphones and wearable health tech will be key drivers of electricals growth out to 2028
KEY TRENDS: Market drivers; Market inhibitors; Key Trends: Integration of generative AI into business operations; Key Trends: Wearable health tech; Key Trends: Increased delivery charges; Key Trends: Supplemental services; Strategies for success
MARKET SIZE AND FORECASTS: Five year growth 2018-2028; Market size, 2018-2028
CATEGORY PERFORMANCE AND FORECASTS: Key category trends; Top electricals categories; Market by category %, 2018-2028; Category segment value and forecast, 2023 & 2028
CHANNEL PERFORMANCE AND FORECASTS: Online market, 2018-2028; Channel growth, 2018-2028; Market by channel, 2023 and 2028; Channel value and forecast, 2023 and 2028
REVENUE AND MARKET SHARES OF TOP 10 PLAYERS: Top 10 retailers, 2023; Market shares of the top 10 retailers; Top 20 most visited and purchased from retailers for Electricals, 2024; Electricals competitor overlap, 2024
COMPETITIVE LANDSCAPE: PROFILES OF LEADING PLAYERS: Currys; John Lewis & Partners; AO; Sainsbury's
COMPETITIVE LANDSCAPE: RETAILERS TO WATCH: Retailers to watch: Harvey Norman; Retailers to watch: Vinted; Retailers to watch: EE; Retailers to watch: Peter Tyson
CONSUMERS: Key consumer trends; Electricals penetration and profile; Electricals category penetration; Electricals channel usage; Electricals online device usage; Electricals location usage; Fulfilment methods; Electricals purchase frequency; Electricals consumer drivers; Secondhand electricals penetration and profile; Secondhand electricals category penetration; Secondhand electricals spending habits; Secondhand electricals purchase motivations; Electricals colour purchase influences
METHODOLOGY, DEFINITIONS AND CONTACTS
List of Tables: UK Electricals Category Segment Value and Forecast, 2023 & 2028; UK Electricals Channel Value & Forecast, 2023 & 2028; Top 10 UK Electricals Retailers, 2023; UK Electricals Competitor Overlap, 2024; UK Electricals Category Penetration, 2024; UK Electricals Channel Usage, 2024; UK Electricals Online Device Usage, 2024; UK Electricals Location Usage, 2024; UK Electricals Fulfilment Methods, 2024; UK Electricals Consumer Drivers, 2024; UK Secondhand Electricals Spending Habits, 2024
List of Figures: UK Electricals Market GBP m, 2018, 2023, 2028 & CAGR %; UK Electricals Market Value GBP bn, 2018-2028; UK Electricals Market Annual Growth %, 2018-2028; Top 4 UK Electricals Categories by Value GBP m, 2023 & 2028; Top 4 UK Electricals Categories by Value Growth %, CAGR, 2023-2028; UK Electricals Market by Category %, 2018-2028; UK Electricals Online Market Size GBP m and Online Penetration %, 2018-2028; UK Electricals Channel Growth, 2018-2028; UK Electricals Market by Channel, 2023 and 2028; Market Shares of Top 10 UK Electricals Retailers, 2022-2024e; Top 20 Most Visited Retailers for Electricals %, 2024; Top 20 Most Purchased from Retailers for Electricals %, 2024; Currys' UK Electricals sales GBP m, 2023-2028, and annual growth %; Currys' UK Electricals market share % 2018-2024e; Currys' UK Electricals Penetration %, 2024; John Lewis & Partners' UK Electricals sales GBP m, 2023-2028, and annual growth %; John Lewis & Partners' UK Electricals market share % 2018-2024e; John Lewis & Partners' UK Electricals Penetration %, 2024; AO's UK Electricals sales GBP m, 2023-2028, and annual growth %; AO's UK Electricals market share % 2018-2024e; AO's UK Electricals Penetration %, 2024; Sainsbury's UK Electricals sales GBP m, 2023-2028, and annual growth %; Sainsbury's UK Electricals market share % 2018-2024e; Sainsbury's UK Electricals Penetration %, 2024; UK Electricals Penetration %, 2024; UK Electricals Profile %, 2024; UK Electricals Category Penetration %, 2024; UK Electricals Channel Usage %, 2024; UK Electricals Online Device Usage %, 2024; UK Electricals Location Usage %, 2024; UK Electricals Fulfilment Methods %, 2024; UK Electricals Purchase Locations, 2024; UK Electricals Purchase Frequency, 2024; UK Electricals Consumer Drivers %, 2024; UK Secondhand Electricals Penetration %, 2024; UK Secondhand Electricals Future Purchase Consideration %, 2024; UK Secondhand Electricals Category Penetration %, 2024; UK Secondhand Electricals Channel Usage %, 2024; How Consumers Expect their Spend on Secondhand Electricals to Change %, 2024; UK Secondhand Electricals Purchase Motivations %, 2024; Electricals Colour Purchase Influences