Abstract
Introduction
UK Retail Futures 2014: Furniture & Floorcoverings provides comprehensive
insight into sector related issues such as market shares, space expansion and
the changing patterns of consumer demand. It combines this with analysis of a
host of economic, social and political factors to derive thorough sector
forecasts over the next five years.
Scope
*Market expenditure, inflation and volume growth forecast to 2014 as well as
data from the last ten years.
*Comprehensive analysis covering inflation, volume and sales growth for
furniture and floorcoverings sub categories.
*Channels of distribution analysis 2009, 2010 and 2014 covering furniture and
floorcoverings specialists and non-specialists.
*Comprehensive analysis of the key issues set to impact the furniture and
floorcoverings market over the next five years.
Highlights
The market will recover slowly, increasing by 4.7% between 2009 and 2014.
Furniture and floorcoverings will be 2010' s worst performing sector as the
housing market, pivotal to the sector' s performance, struggles. Growth will
return in 2011 and accelerate as the property market improves and shoppers
look to replace and redecorate.
The larger specialists in both furniture and floorcoverings will be the
strongest growing channel, presenting a more competitive offer and expanding
quickly with some receiving the backing of private equity groups. They will
also benefit from independents exiting the market as they struggle to compete
on terms of price and range.
The strongest sub category in the market is beds and bedroom furniture which
increased by 15.7% between 2009 and 2014. This will be driven by the more
needs-based nature of beds, which directly impact upon a customer' s health and
are therefore unlikely to be deferred. Redecorating of bedrooms later in the
period will also drivet growth.
Reasons to Purchase
*Plan for the future, using this report to develop strategies that will enable
you to compete effectively against rivals in tougher market conditions.
*Enhance your understanding of key issues, trends, and dynamics in the market,
providing a valuable tool to help steer through turbulent times ahead.
*See how core furniture and floorcoverings categories are expected to perform
over the next five years.
Table of Contents
Executive Summary: Furniture & floorcoverings market at a glance
Expenditure forecasts: What consumers spend on furniture &
floorcoverings
Channels of distribution: Where furniture &
floorcoverings products are sold
Specialists forecasts: Furniture &
floorcoverings specialists sales overall
Sales via specialist furniture
retailers
Sales via specialist floorcoverings retailers
Category
forecasts: Detailed product category forecasting
Appendix:
Methodology, terminology, location definitions and principal sources
