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The UK Furniture & Floorcoverings Market 2017-2022
ReportsWeb.com published “Furniture & Floorcoverings Market” from its database. The report covers the market
landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
"The UK Furniture & Floorcoverings Market 2017-2022", report offers a comprehensive insight into the furniture &
floorcoverings market in the UK, analysing the market, the major players, the main trends, and consumer attitudes. It covers
seven different furniture sub-sectors and eight floorcoverings markets and provides forecasts to 2022.
Both the UK furniture and floorcoverings market will decline in 2017, falling by 1.0% and 1.9% respectively, as weaker
consumer confidence and inflation outpacing wage growth from Q2 2017 onwards discourage shoppers from making bigger
ticket purchases. While growth between 2017 and 2022 will outpace the increase seen in the previous five years, this will
initially be driven by inflation as the depreciation of the pound makes imports more expensive and retailers are forced to
pass on higher wage and property costs to customers to protect already tight margins.
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Scope:
-Remote retailers in both furniture and floorcoverings will both grow by over 40% between 2017 and 2022.
-The only furniture sub-sectors to grow every year between 2017 and 2022 will be bedroom and dining room.
-IKEA continues to pull away from DFS atop the furniture market while the recent improved performance helps Carpetright
remain the leader in floorcoverings.
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