United Kingdom (UK) Furniture and Floor Coverings Market Analysis by Categories, Revenue, Consumer Trends, Key Players and Forecast to 2027

The UK Furniture & Floorcoverings report offers a comprehensive insight into the furniture & floorcoverings market in the UK, analysing the sector, the major players, the main trends, and consumer attitudes, as well as providing market forecasts out to 2027.

The cost of living crisis, which has forced shoppers to be more considered with their spending, especially on big ticket purchases, has severely impacted the furniture & floorcoverings market which is due to fall by 1.2% in 2023. As real wages declined during the first half of 2023 and consumer confidence remained suppressed, shoppers prioritised their spending elsewhere, with furniture & floorcoverings being in the bottom two for spending intentions in GlobalData's Consumer Sentiment Tracker throughout 2023.

Scope

The furniture market is forecast to decline by 0.9% in 2023 as consumers deprioritise 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 see amongst 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 & flooroverings market will be the fastest performing to enable focus and investment in these winning product areas.
Understand how drivers of furniture & flooroverings purchases, such as range, price and quality, vary in importance among different demographics to maximise sales potential.
Use our in-depth analysis and forecasts to understand current trends in furniture & flooroverings subcategories, such as upholstery, carpet, and tiles

Product Code: GDRT230006CS

Furniture & floorcoverings is set to be the worst performing retail sector in 2023, declining by 1.2%
IKEA continues to forge ahead while DFS takes a back seat
The current economic climate has changed consumer behaviour significantly

KEY TRENDS

Market drivers
Market inhibitors
Key Trends: Secondhand furniture
Key Trends: Online pureplays continue to struggle
Key Trends: Sepecialists expanding their offers
Key Trends: Concessions for flooring specialists
Key Trends: Distribution and logistics
Strategies for success

MARKET SIZE AND FORECASTS

Five year growth 2017-2027
Market size, 2017-2027

CATEGORY PERFORMANCE AND FORECASTS

Key category trends
Top furniture & floorcoverings categories
Market by category %, 2017-2027
Category segment value and forecast, 2021 & 2026

CHANNEL PERFORMANCE AND FORECASTS

Online market, 2017-2027
Channel growth, 2017-2027
Market by channel, 2021 and 2026
Channel value and forecast, 2021 and 2026
REVENUE AND MARKET SHARES OF TOP 10 PLAYERS
Top 10 furniture & floorcoverings retailers, 2021-2023e
Top 20 most visited and purchased from retailers for furniture & floorcoverings, 2023
Furniture & floorcoverings competitor overlap, 2023
COMPETITIVE LANDSCAPE: PROFILES OF LEADING PLAYERS

IKEA

DFS

Wren
ScS
Bensons for Beds
Carpetright
Retailers to watch

CONSUMERS

Key consumer trends
Furniture and floorcoverings penetration and profile
Furniture category penetration
Floorcoverings category penetration
Furniture & floorcoverings channel usage
Furniture & floorcoverings fulfilment methods
Furniture & floorcoverings purchase frequency
Furniture & floorcoverings consumer drivers
Changes to shopping habits
METHODOLOGY, DEFINITIONS AND CONTACTS

Product Code: GDRT230006CS

List of Tables

UK floorcoverings category segment value and forecast, 2022 & 2027
UK furniture category segment value and forecast, 2022 & 2028
UK furniture channel value & forecast, 2022 & 2027
UK floorcoverings channel value & forecast, 2022 & 2028
UK furniture & floorcoverings competitor overlap, 2023
UK furniture category penetration, 2023
UK floorcoverings category penetration, 2024
UK furniture & floorcoverings channel usage, 2023
UK furniture & floorcoverings fulfilment methods, 2023
UK furniture & floorcoverings consumer drivers, 2023

List of Figures

Drivers of purchasing furniture secondhand
Customer satisfaction with buying furniture & floorcoverings online
DFS bedroom furniture consideration and conversion, 2022 and 2023
Other furniture retailers visited by Carpetright shoppers
UK furniture market GBP m, 2017, 2022, 2027 & CAGR %
UK furniture market value GBP bn, 2017-2027
UK furniture market annual growth %, 2017-2027
UK floorcoverings market GBP m, 2017, 2022, 2027 & CAGR %
UK floorcoverings market value GBP bn, 2017-2027
UK floorcoverings market annual growth %, 2017-2027
UK furniture categories by value GBP bn, 2022 & 2027
UK furniture categories by value growth %, CAGR, 2022-2027
UK furniture market by category %, 2017-2027
UK floorcoverings categories by value GBP bn, 2022 & 2027
UK floorcoverings categories by value growth %, CAGR, 2022-2027
UK floorcoverings market by category %, 2017-2027
UK furniture & floorcoverings online market size GBP bn and online penetration %, 2017-2027
UK furniture & floorcoverings channel growth, 2017-2027
UK furniture market by channel, 2022 and 2027
UK floorcoverings market by channel, 2022 and 2028
Market shares of top 10 UK furniture retailers, 2021-2023e
Market shares of top 10 UK floorcoverings retailers, 2021-2023e
Top 20 most visited retailers for furniture & floorcoverings %, 2023
Top 20 most purchased from retailers for furniture & floorcoverings %, 2023
IKEA's UK furniture market share % 2017-2023e
IKEA's UK floorcoverings market share % 2017-2023e
IKEA's UK furniture and floorcoverings penetration %, 2023e
DFS's UK furniture market share % 2017-2023e
DFS's UK furniture and floorcoverings penetration %, 2023e
Wren's UK furniture market share % 2017-2023e
Wren's UK furniture and floorcoverings penetration %, 2023e
ScS's UK furniture market share % 2017-2023e
ScS's UK floorcoverings market share % 2017-2023e
ScS's UK furniture and floorcoverings penetration %, 2023e
Bensons for Beds' UK furniture market share % 2017-2023e
Bensons for Beds' UK furniture and floorcoverings penetration %, 2023e
Carpetright's UK floorcoverings market share % 2017-2023e
Carpetright's UK furniture and floorcoverings penetration %, 2023e
UK furniture & floorcoverings penetration %, 2023
UK furniture & floorcoverings profile %, 2023
UK furniture category penetration %, 2023
UK floorcoverings category penetration %, 2023
UK furniture & floorcoverings channel usage %, 2023
UK furniture & floorcoverings fulfilment methods %, 2023
UK furniture & floorcoverings purchase frequency, 2023
UK furniture & floorcoverings consumer drivers %, 2023
How UK consumers intend to change their shopping habits due to rising prices, 2023

United Kingdom (UK) Furniture and Floor Coverings Market Analysis by Categories, Revenue, Consumer Trends, Key Players and Forecast to 2027

Description

Table of Contents

List of Tables

Abstract

Scope

Reasons to Buy

Table of Contents

Table of Contents

KEY TRENDS

MARKET SIZE AND FORECASTS

CATEGORY PERFORMANCE AND FORECASTS

CHANNEL PERFORMANCE AND FORECASTS

IKEA

DFS

CONSUMERS

List of Tables

List of Tables

List of Figures

List of Figures