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Carpet & Rug Manufacturing in the UK - Industry Market Research Report

Publisher IBISWorld
Published Jun 11, 2024
Length 80 Pages
SKU # IBSS19022820

Description

Carpet & Rug Manufacturing in the UK - Industry Market Research Report


Carpet & Rug Manufacturing in the UK

Demand for carpets and rugs has been driven by rising residential and commercial building construction activity, supported by government initiatives, such as the Help to Buy scheme, ProCure22 and the elimination of stamp duty for first-time home buyers. Furthermore, the trade weighted pound benefitted export revenue. Nonetheless, falling consumer confidence and residential transactions have constrained revenue, compounded by the negative economic effects of the COVID-19 pandemic, which significantly disrupted normal economic activity and weighed on industry revenue. Over the five years through 2023-24, industry revenue is expected to decrease at a compound annual rate of 3.3% to £965 million.

Industry firms produce carpets, rugs and mats primarily by weaving or tufting wool, cotton and man-made fibres. This industry also includes the manufacture of knotted and needlefelt carpets. Companies that manufacture underlay and other carpet products are also included in this industry. Carpet installation and laying services are not part of the industry, nor are firms that produce floor coverings of cork, vinyl and linoleum.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

80 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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