Moderate Growth Seen for Kitchen Taps Market

Our latest report covers the kitchen taps market growth from a past perspective, and forecasts into 2027.

Kitchen Taps Market Over the Years

In 2021, the UK kitchen taps market grew by 9%, with the successful roll-out of the Covid-19 vaccine programme positively influencing confidence levels and expenditure. This recovery was despite the ongoing supply chain issues post-Brexit, with a shortage of imported products and materials, increases in prices and longer lead times.

In 2022, the UK kitchen taps market continued to grow, albeit at a steadier pace. Market value has been influenced by the ongoing effects post pandemic but also by the high cost of imports, given the weakness of Sterling.

High energy prices, soaring inflation and increasing interest rates is also impacting on production costs and market demand.

With the cost-of-living crisis and a worsening UK economy at the start of 2023, we estimate that the overall UK market value is likely show only a moderate increase of 1% in 2023. This is supported by the continued growth of boiling water tap systems.

Key Product Trends for Kitchen Taps Market Growth

Several key trends have emerged in 2023. These include smart kitchen taps incorporating:

• Hygienic, touchless technology 
• Water-efficient and energy saving sustainable designs
• Inclusive products that are safe to operate by all users
• Convenient and unobtrusive water system solutions

The cost-of-living crisis has offered kitchen suppliers the opportunity to promote sustainable products. This includes kitchen tapware that is both water saving and energy efficient.

Consumers are becoming more concerned about climate change and are looking to invest in quality products that support a greener, more sustainable lifestyle. 

Abdul Tantouch, Head of Content comments:

“The UK kitchen taps market is primarily influenced by levels of residential and commercial construction, kitchen refurbishments, demographic changes, environmental influences, design trends, technological developments, also updates in building and energy efficiency legislation.

In 2021-22, the market saw 17% growth over the 2-year period, with a notable uplift in home improvement activity, including kitchen refurbishments.

The market was also supported by the strong growth of kitchen water systems, particularly boiling water taps, which has significantly added value to this market sector in the last 2-3 years.”

Convenience has also been cited as an important attribute. This has led to the significant increase in demand for boiling water taps and other kitchen water systems.

These innovative products have added value to the UK kitchen taps market overall; many consumers are willing to pay a premium price for these highly rated kitchen appliances.

Read the full Kitchen Taps Market Report from Barbour ABI here.