Furniture, Lighting & Homeware Retailers in the UK - Industry Market Research Report
Description
Furniture, Lighting & Homeware Retailers in the UK
Over the five years through 2023-24, revenue is expected to decrease at a compound annual rate of 2.8% to £13.4 billion. A solid housing market has bolstered the industry's performance as the government battled against housing shortages across the UK. However, the growing proportion of rented households has shaken up the homeware and furnishing market. According to the 2022 English Housing Survey, the number of households in the private rented sector has increased from 10% of households in 1990s to 19% in 2021. This has depressed sales in furniture and homeware, as rented households often don't purchase bulk furniture or homeware because of the high costs of products and the lack of consent from landlords.
Retailers in the industry sell household, outdoor and office furniture and other household goods (e.g. light fixtures, utensils, cutlery, crockery, glassware and non-electrical household appliances). Online-only retailers do not fall under this industry.
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."
Over the five years through 2023-24, revenue is expected to decrease at a compound annual rate of 2.8% to £13.4 billion. A solid housing market has bolstered the industry's performance as the government battled against housing shortages across the UK. However, the growing proportion of rented households has shaken up the homeware and furnishing market. According to the 2022 English Housing Survey, the number of households in the private rented sector has increased from 10% of households in 1990s to 19% in 2021. This has depressed sales in furniture and homeware, as rented households often don't purchase bulk furniture or homeware because of the high costs of products and the lack of consent from landlords.
Retailers in the industry sell household, outdoor and office furniture and other household goods (e.g. light fixtures, utensils, cutlery, crockery, glassware and non-electrical household appliances). Online-only retailers do not fall under this industry.
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
40 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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