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.
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.
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.
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
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.
Table of Contents
- Executive summary
- UK Electricals Market Size 2024-2029 (£m)
- 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 TRENDS
- Market drivers
- Market inhibitors
- Key Trends: AI-enabled devices
- Key Trends: Supplemental services
- Key Trends: Wider range through third-party suppliers
- Strategies for success
- MARKET SIZE AND FORECASTS
- Five year growth 2019-2029
- Market size, 2019-2029
- CATEGORY PERFORMANCE AND FORECASTS
- Key category trends
- Electricals categories
- Market by category %, 2019-2029
- CHANNEL PERFORMANCE AND FORECASTS
- Online market, 2019-2029
- Channel growth, 2019-2029
- Market by channel, 2019-2029
- Channel value and forecast, 2024 and 2029
- RESALE MARKET 2024-2029
- Resale market size, 2019-2024
- Resale market growth, 2019-2024
- UK electricals market 2019-2029
- REVENUE AND MARKET SHARES OF TOP 10 PLAYERS
- Top 10 retailers, 2024
- Market shares of the top 10 retailers
- Top 20 most visited and purchased from retailers for electricals, 2025
- Electricals competitor overlap, 2025
- Top 10 most purchased from retailers for electricals: consumer penetration
- COMPETITIVE LANDSCAPE: PROFILES OF LEADING PLAYERS
- Currys
- Amazon
- The Very Group
- Tesco & Lidl
- COMPETITIVE LANDSCAPE: RETAILERS TO WATCH
- Retailers to watch: JoyBuy
- Retailers to watch: Dreame
- Retailers to watch: Comet
- Retailers to watch: Kobo
- CONSUMERS
- Key consumer trends
- Electricals penetration and profile
- Electricals category penetration
- Electricals channel usage
- Electricals online device usage
- Electricals fulfilment methods
- Electricals purchase locations
- Electricals purchase frequency
- Electricals consumer drivers
- Secondhand electricals penetration and consideration
- Secondhand electricals category penetration
- Secondhand electricals purchase motivations
- Secondhand electricals channels purchased from
- Secondhand electricals future spend
- METHODOLOGY, DEFINITIONS AND CONTACTS
- UK Electricals Channel Value & Forecast, 2023 & 2028
- Top 10 UK Electricals Retailers, 2024
- UK Electricals Competitor Overlap, 2025
- UK Electricals Category Penetration, 2025
- UK Electricals Channel Usage, 2025
- UK Electricals Device Usage, 2025
- UK Electricals Fulfilment Methods, 2025
- UK Electricals Purchase Locations, 2025
- UK Electricals Consumer Drivers, 2025
- UK Secondhand Electricals Purchase Motivations, 2025
- UK Secondhand Electricals Channels Purchased From, 2025
- UK Secondhand Electricals Future Spend, 2025
- UK electricals market size 2024-2029 (£m)
- Secondhand electricals will outpace retail out to 2029
- UK Electricals Market GBP m, 2019, 2024, 2029 & CAGR %
- UK Electricals Market Value GBP bn, 2019-2029
- UK Electricals Market Annual Growth %, 2019-2029
- UK Electricals Categories by Value GBP m, 2024 & 2029e
- UK Electricals Categories by Value Growth %, CAGR 2024-2029e
- UK Electricals Market by Category %, 2019-2029
- UK Electricals Market by Channel, 2024 and 2029
- UK Electricals Online Market Size GBP m and Online Penetration %, 2019-2029
- UK Electricals Channel Growth, 2019-2029
- UK Electricals Market by Channel, 2024 and 2029e
- UK Electricals Channel Value & Forecast, 2024 and 2029
- UK Electricals Resale Market Value GBP m, 2019-2029
- UK Electricals Resale Market Annual Growth %, 2019-2029
- UK Electricals Resale Market Growth, 2019-2029
- UK Electricals Market, 2019-2029
- Market Shares of Top 10 UK Electricals Retailers, 2023-2025e
- Top 20 Most Visited Retailers for Electricals %, 2025
- Top 20 Most Purchased from Retailers for Electricals %, 2025
- Amazon’s UK Electricals Penetration %, 2025
- Argos' UK Electricals Penetration %, 2025
- Currys' UK Electricals Penetration %, 2025
- John Lewis & Partners' UK Electricals Penetration %, 2025
- Tesco’s UK Electricals Penetration %, 2025
- ASDA’s UK Electricals Penetration %, 2025
- Sainsbury’s UK Electricals Penetration %, 2025
- Apple’s UK Electricals Penetration %, 2025
- AO’s UK Electricals Penetration %, 2025
- B&M’s UK Electricals Penetration %, 2025
- Currys' UK Electricals market share % 2019-2025e
- Amazon's UK Electricals market share % 2019-2025e
- The Very Group's UK Electricals market share % 2019-2025e
- UK Electricals Penetration %, 2025
- UK Electricals Profile %, 2025
- UK Electricals Penetration %, 2025
- UK Electricals Channel Usage %, 2025
- UK Electricals Device Usage %, 2025
- UK Electricals Location Usage %, 2025
- UK Electricals Fulfilment Methods %, 2025
- UK Electricals Purchase Locations, 2025
- UK Electricals Purchase Frequency, 2025
- UK Electricals Consumer Drivers %, 2025
- UK Secondhand Electricals Category Penetration %, 2025
- UK Secondhand Electricals Purchase Consideration %, 2025
- UK Secondhand Electricals Category Penetration %, 2025
- UK Secondhand Electricals Channel Usage %, 2025
- UK Secondhand Electricals Future Spend, 2025
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aldi
- 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
