Arcelik, Robert Bosch GmbH, and Electrolux dominated the U.K. Major Domestic Cooking Appliances Market in 2021

The U.K. Major Domestic Cooking Appliances Market is said to grow with a CAGR of 7.8% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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The U.K. major domestic cooking appliances market is a highly fragmented market, which includes several key players and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.

For instance,

  • In March 2021, Panasonic Corporation accelerated new businesses in Thailand to enter the modular construction housing market with new innovative products. With this development company is expecting to enhance its revenue in upcoming future

Arcelik is the dominating player in the U.K. major domestic cooking appliances market. The other key players existing in the market include LG Electronics, Whirlpool Corporation, Panasonic Corporation, Faber S.p.A, Falmec S.p.A, TTK, Prestige Ltd, Sub-Zero Group, Inc., Electrolux, Robert Bosch Gmbh, SMEG S.p.A, Samsung, Luxair Cooker Hoods Limited, Franke Management AG, Arcelik, CNA group, ROBAM, VATTI, among others.

U.K. Major Domestic Cooking Appliances Market Arcelik

Arcelik is headquartered in Istanbul, Turkey, and was founded in 1955. It has public ownership. The company provides trusted lifestyle solutions to the digital household. The company works in business segments such as white goods, consumer electronics, and others in which white goods is the market-focused segment. The company offers a wide range of products categories such as household appliances, built-in, electronic, heating cooling, small home appliances, hygiene-accessory, water treatment. Under which household appliances, built-in are the market-focused categories.

  • In July 2021, Arcelik A.Ş. and Hitachi Global Life Solutions, Inc. announced the launch of a new joint venture company, Arcelik Hitachi Home Appliances B.V. With this development. Both companies are expecting to expand their home appliance business around the world

The company marks its wide global presence across Europe, North America, the Middle East and Africa, Asia-Pacific. The company also has subsidiaries such as Grundig (Germany), Dawlance (Pakistan), Defy Appliances (South Africa), Arctic S.A. (Romina), Beko LLC. (Russia), Elektra Bregenz (Austria), among others.

Robert Bosch GmbH

Robert Bosch GmbH is headquartered in Stuttgart, Germany, founded in 1886. It has public ownership. The company is engaged in small appliances, cookers, ovens, extractor hoods, dishwashers, washers and dryers, fridges, and freezers. The company works in various business segments such as mobility solutions, industrial technology, consumer goods, in which consumer goods is the market-focused segment. The company offers a wide range of product categories such as mobility, at home, industry and trades, connected products and services, and market-specific solutions. At home is the market-focused category.

  • In November 2020, Robert Bosch GmbH announced the 50/50 joint venture (JV) between Bosch and BASF Digital Farming. With this development company can enhance its customer base in the market

The company marks its wide global presence across Europe, North America, Asia-Pacific, Middle East and Africa, South America with its subsidiaries such as Robert Bosch (Australia) Proprietary Limited (Australia), Bosch (China) Investment Ltd. (China), Robert Bosch North America, Inc. (North America), Robert Bosch Mexico Sistemas Automotrices, S.A. De C.V. (Mexico), Robert Bosch Investment Nederland B.V. (Nederland), among others.

Electrolux

Electrolux is headquartered in Stockholm, Sweden, and was founded in 1919. It has public ownership. The company focuses on the global household appliance market, which is  being transformed by five major trends increased consumer power, digitalization, sustainability, global scale, and the growing global middle class. The company offers a wide range of products categories such as kitchen, laundry, vacuums, and filters & accessories, in which kitchen is the market-focused category.

  • In June 2021, Electrolux opened its new Springfield warehouse. This is the first section of the more than USD 250 million factory expansion at its Springfield manufacturing campus. With this development company is increasing its business in the North America region.

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.