1. Market Research
  2. > Home and Office Goods
  3. > Home Goods
  4. > Furniture and Decoration Market Trends

Furniture and Floorcoverings Retailing in the UK| Verdict Market Report

  • 18 pages, published in December 2015
  • By GlobalData
  • Report Number: 3599829

Summary

Table of Contents

Search Inside

Summary
The UK furniture and floorcoverings market is set to enter a period of continued growth over the next five years, though the pace of the recovery will fluctuate. In this report we take a look at how this growth is distributed by channel and sub sector, together with analysis of the implications of these forecasts for retailers.

Key Findings
- Use our market share and channels of distribution to find out which retailers and channels pose the biggest threat

- Identify growth drivers and inhibitors and implement our strategies to boost sales and maximise opportunities in the furniture and floorcoverings sector

Synopsis
While furniture specialists have made significant progress in online, they must continue to work on better linking this channel with their stores. In 2015, IKEA is trialling click and collect in its stores. With websites being used for pre-purchase research, retailers must ensure that their websites are easy to navigate and be informative.

We forecast that kitchens will achieve the greatest uplift in sales between 2015 and 2020, up 20.7% on 2015. This will be driven by improvements the market leader BandQ is doing to improve its offer, the continued expansion of Wren Living, the more buoyant housing market and homeowners spending more time in their kitchens.

In both furniture and floorcoverings, we forecast that the multiple specialists will gain the most amount of share, as customers continue making furniture purchases, open more stores and continue to develop their online presence. In both sectors, this growth will largely be at the expense of independents, who struggle to compete on price and range.

Reasons To Buy
- What is the furniture and floorcoverings market size and how will it develop over the next five years? What is driving and inhibiting consumer spend?

- Which channels have performed the best, and which channels have seen their share of the market decline?

- How will the specialists perform against the emerging remote retailers and DIY retailers up to 2020? How will the department stores compete?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you get this report now

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers
Bedroom Furniture, 2017

Bedroom Furniture, 2017

  • $ 8600
  • Industry report
  • April 2017
  • by GlobalData

Bedroom Furniture, 2017 Summary Bedroom Furniture will be the only furniture sector in United Kingdom (UK) to grow in 2017, as it benefits from its close links with customer wellbeing. Though spending ...

Opportunity in the Indian Furniture Market - 2017

Opportunity in the Indian Furniture Market - 2017

  • $ 4500
  • Industry report
  • March 2017
  • by Feedback Business Consulting

This report provides insight into the current market scenario, structure and practices. In depth market scenario includes: - Current market size estimate - Revenues by players - Top 5 Companies - Market ...

Dining Room & Kitchen Furniture Markets in China

Dining Room & Kitchen Furniture Markets in China

  • $ 4000
  • Industry report
  • February 2017
  • by Asia Market Information & Development Company

China’s demand for Dining Room & Kitchen Furniture has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a ...

Bedroom Furniture Markets In China

February 2017 $ 4000

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.