Evaluating Kitchen Taps & Smart Kitchen Market Trends - Barbour ABI Store

Evaluating Kitchen Taps and Smart Kitchen Market Trends

The drive for more hygienic, intuitive kitchen products such as kitchen taps is impacting smart kitchen market trends.

Between 2021-22 the UK kitchen taps market has experienced an excellent value growth of around 17%.

The strong growth of kitchen water systems, particularly boiling water taps, has added significant value to the market sector in the last two/three years, with the top four leading UK suppliers dominating 55% of the market.

It is forecasted that by 2027, the market will have a compound annual growth rate (CAGR) of 4.09% when compared to the estimated market size in 2023.

Kitchen Tap Products Supporting Smart Kitchen Demand

There are 3 main types of products within the market.

Kitchen mixers account for around 86% of all kitchen tapware sold in 2022 and are specified in most residential and commercial kitchens across the UK.

Accounting for just 8% of share of kitchen tapware sale, kitchen pillar taps are likely to be bought for replacement purposes and commercial applications.

And lastly, kitchen water systems are rapidly growing and now have a 6% share of unit sales.

Housebuilding and construction activity heavily impacts the market, as an effect of this the residential RMI sector is worth around 75% of the market in 2023. It is also estimated that around 6% of private UK households renovate a kitchen per year.

Barbour ABI’s Head of Content and Editor of the ‘UK Kitchen Taps Market Report 2023-2027’, Abdul Tantouch commented on the future of the market. 

“The evolution of the smart kitchen is now evident, with the growing demand for hygienic touchless solutions. Water efficiency is also becoming a key consideration, with climate change and the increasing focus on sustainability and the environment.”

 

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

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