The market size for iron or steel gas domestic cooking appliances and plate warmers with an oven in the UK was valued at 179.56 million euros in 2023. Over the last two years, the market saw variations with a minor increase in 2023 by 0.5%, following a slight decline in 2022 of 1.46%. The compound annual growth rate (CAGR) for the past five years is 1.38%, indicating a moderate overall growth despite yearly fluctuations. The sector experienced both dips and recoveries, with significant impacts noticeable due to economic variances and changes in consumer behavior.
Future trends to watch for include:
- Increasing demand for energy-efficient appliances, driven by consumer and regulatory pressures.
- Technological advancements in smart cooking and connected home devices.
- Potential impacts of post-Brexit trade arrangements on supply chains.
- Sustainability trends influencing material choices and manufacturing processes.
How does the United Kingdom rank in Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers with an Oven Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 179,560,000 | 2023 | +0.5% | +1.38% | |
| 2 | 2 France | 34,491,000 | 2023 | -16.57% | -12.85% | View data |
| 3 | 3 Portugal | 28,549,000 | 2023 | +6.44% | +10.01% | View data |
| 4 | 4 Netherlands | 18,684,000 | 2023 | -1.87% | +1.13% | View data |
| 5 | 5 Hungary | 7,868,000 | 2023 | -0.22% | -0.92% | View data |
