United Kingdom (UK) Furniture and Floor Coverings Market Analysis by Categories, Revenue, Consumer Trends, Key Players and Forecast to 2027
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United Kingdom (UK) Furniture and Floor Coverings Market Report Overview
The furniture market size in the UK was GBP12.04 billion in 2022. The market is forecast to grow at a CAGR of more than 1% during 2022-2027. The floor coverings market size in the UK was GBP1.96 billion in 2022 and the market is expected to grow at a CAGR of less than 2% during 2022-2027. A recovery in real wages will improve consumer confidence and demand for big-ticket purchases will start to normalize, driving the growth of the UK furniture and floor coverings market in 2024. A recovery in the housing market will also support growth in the market. This recovery will continue throughout the forecast period.
UK Furniture Market Outlook, 2022-2027 (GBP Billion)
Buy the Full Report for More Insights into the UK Furniture and Floor Coverings Market Forecast
UK Floor Coverings Market Outlook, 2022-2027 (GBP Billion)
Buy the Full Report for More Insights into the UK Furniture and Floor Coverings Market Forecast
The United Kingdom (UK) Furniture and Floor Coverings market research report offers a comprehensive insight into the furniture & floorcoverings market in the UK, analyzing the sector, the major players, the main trends, and consumer attitudes, as well as providing market forecasts out to 2027. The report also provides key channels used for purchasing products and the main factors driving the market.
Market Size (Furniture) (2022) | GBP12.04 billion |
CAGR (Furniture) (2022-2027) | >1% |
Market Size (Floor Coverings) (2022) | GBP1.96 billion |
CAGR (Floor Coverings) (2022-2027) | <2 |
Historical Period | 2017-2022 |
Forecast Period | 2023-2027 |
Key Categories (Furniture) | · Beds & Bedroom Furniture
· Upholstery · Kitchen Furniture · Living Room Furniture · Bathroom Furniture · Dining Room Furniture · Home Office |
Key Categories (Floor Coverings) | · Carpet
· Real Wood · Rugs & Mats · Laminate · Vinyl & Linoleum · Tiles · Accessories |
Key Channels (Furniture) | · Home Furniture & Floorcovering Specialists
· Other Online Retail · Online Specialists · Home Improvement & Gardening Supplies Specialists · Value, Discount and Variety Stores & General Merchandise Retail · Department Stores |
Key Channels (Floor Coverings) | · Home Furniture & Floorcovering Specialists
· Other Online Retail · Online Specialists · Home Improvement & Gardening Supplies Specialists · Value, Discount and Variety Stores & General Merchandise Retail · Department Stores · Homeware Specialists |
Key Retailers | · IKEA
· Amazon · Argos · Dunelm · B&Q |
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Key Highlights
- The furniture market is forecast to decline in 2023 as consumers deprioritize furniture purchases.
- IKEA gained the most furniture market share, whilst DFS saw the largest fall in market share amongst the top 10 players.
- Rugs and mats are expected to see the highest rates of growth in the floorcoverings sector.
Reasons to Buy
- Using our five-year forecasts to 2027, learn which areas of the furniture & floor coverings market will be the fastest performing to enable focus and investment in these winning product areas.
- Understand how drivers of furniture & floor coverings purchases, such as range, price, and quality, vary in importance among different demographics to maximize sales potential.
- Use our in-depth analysis and forecasts to understand current trends in furniture & floor coverings subcategories, such as upholstery, carpet, and tiles.
Amazon
AnyVan
Argos
ASDA
B&M
B&Q
Bed Kingdom
Bensons for Beds
Carpetright
DFS
Disney
Dreams
Dunelm
Emma Mattresses
Eve Sleep
Farrow & Ball
Fat Llama
Flooring Direct
Flooring Superstore
French Connection
Furniture Village
Furniturebox
Glasswells
Grand Designs
Green 2 Delivery
Home Bargains
Homebase
Howdens
IKEA
Iris Apfel
John Lewis
Joules
JYSK
Keen and Able
Keswick Flooring
Made.com
Marks and Spencer
Mattress Next Day
NCF Living
Nestware
Next
Oak Furniture Land
Poltronesofà
Ruggable
ScS
Slumberland
Snug
Sofa Delivery Company
Sofology
Tapi
Tesco
The Floor Room
The Range
The Very Group
TK Maxx
Tuffnells
United Carpets
Victoria Plum
Victorian Plumbing
Vinterior
Wayfair
Wickes
Wilko
Wren
Table of Contents
Table
Figures
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