| 1. |
INTRODUCTION |
6 |
| 2. |
SUMMARY AND FUTURE PROSPECTS |
7 |
| 2.1 | SUMMARY |
7 |
| 2.2 | FUTURE PROSPECTS |
8 |
| 3. |
ECONOMIC ENVIRONMENT |
10 |
| 3.1 | GDP |
10 |
| 3.2 | INFLATION & INTEREST RATES |
11 |
| 3.3 | UNEMPLOYMENT |
12 |
| 3.4 | HOUSEHOLD CONSUMPTION |
12 |
| 3.5 | HOUSING & CONSTRUCTION |
13 |
| 3.6 | STERLING |
15 |
| 3.7 | POPULATION PROFILE |
16 |
| 3.8 | CONCLUSIONS |
17 |
| 4 |
THE UK FURNITURE MARKET |
18 |
| 4.1 | DEFINITION |
18 |
| 4.2 | MARKET SIZE |
18 |
| 4.2.1 | Market Size and Characteristics |
18 |
| 4.2.2 | Future Prospects |
20 |
| 4.3 | PRODUCT MIX |
20 |
| 4.4 | CONSUMER CHARACTERISTICS |
21 |
| 4.5 | KEY MARKET INFLUENCES |
23 |
| 4.5.1 | Home Office, Recreational and Multi-Purpose Furniture |
23 |
| 4.5.2 | New Housebuilding |
25 |
| 4.5.3 | House Moving |
27 |
| 4.5.4 | Household Size |
28 |
| 5. |
THE UK DINING AND OCCASIONAL FURNITURE MARKET |
30 |
| 5.1 | DEFINITIONS |
30 |
| 5.2 | MARKET SIZE AND BACKGROUND |
31 |
| 5.2.1 | Current Situation |
32 |
| 5.3 | INTERNATIONAL TRADE |
33 |
| 5.3.1 | Imports |
35 |
| 5.3.2 | Exports |
38 |
| 5.4 | FUTURE PROSPECTS |
39 |
| 5.4.1 | Dining Furniture |
41 |
| 5.4.2 | Occasional Furniture |
41 |
| 6 |
PRODUCT TRENDS |
43 |
| 6.1 | PRODUCT MIX |
43 |
| 6.2 | DINING FURNITURE |
44 |
| 6.3 | OCCASIONAL FURNITURE |
47 |
| 6.3.1 | Display Cabinets, Sideboards, Bookcases, Shelving, Wall units and Room Dividers |
51 |
| 6.3.2 | Coffee and Occasional Tables |
52 |
| 6.3.3 | Entertainment Cabinets and Units |
52 |
| 6.4 | DINING AND OCCASIONAL FURNITURE MATERIALS |
53 |
| 6.4.1 | Material Mix |
53 |
| 6.4.2 | Solid Timber and Decorative Board |
54 |
| 6.4.3 | Metal |
57 |
| 6.4.4 | Glass |
57 |
| 6.4.5 | Other Materials |
58 |
| 7. |
SUPPLIERS |
60 |
| 7.1 | STRUCTURE |
60 |
| 7.2 | MARKET SHARE |
62 |
| 7.3 | KEY SUPPLIERS |
63 |
| 7.4 | OTHER SUPPLIERS. |
65 |
| 8. |
DISTRIBUTION |
68 |
| 8.1 | STRUCTURE |
68 |
| 8.2 | DEFINITIONS |
69 |
| 8.2.1 | Distribution Channel Shares |
69 |
| 8.2.2 | Furniture Multiples |
71 |
| 8.2.3 | Furniture Independents |
73 |
| 8.2.4 | Department Stores and Variety Stores |
73 |
| 8.2.5 | Catalogue Retailers |
76 |
| 8.2.6 | DIY Multiples |
77 |
| 8.2.7 | Others |
78 |
| TABLES AND CHARTS |
| CHART 1 | UK DINING AND OCCASIONAL FURNITURE MARKET 2005-2012 - BY VALUE (£M MSP) |
7 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1992-2012 |
11 |
| CHART 3 | PDI & SAVINGS RATIO AT CURRENT PRICES 1992-2012 |
13 |
| TABLE 4 | EXCHANGE RATE FLUCTUATIONS 2000-2008 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
15 |
| CHART 5 | AGE DISTRIBUTION OF THE RESIDENT UK POPULATION 2001 CENSUS (‘000) |
16 |
| TABLE 6 | THE UK MARKET FOR DOMESTIC FURNITURE 2004-2007 – BY VALUE (£M AT MSP) |
18 |
| CHART 7 | PRODUCT MIX UK DOMESTIC FURNITURE MARKET 2007 - % BY VALUE |
21 |
| TABLE 8 | AVERAGE WEEKLY HOUSEHOLD EXPENDITURE |
22 |
| TABLE 9 | UK MARKET FOR HOME OFFICE FURNITURE 2000-2009 £M MSP |
24 |
| TABLE 10 | HOUSE BUILDING COMPLETIONS AND FORECASTS 2000-2012 – UNITED KINGDOM (‘000 DWELLINGS) |
25 |
| CHART 11 | HOUSEBUILDING COMPLETIONS GB 2001 TO 2007 - % BY TYPE |
26 |
| TABLE 12 | NUMBER OF RESIDENTIAL PROPERTY TRANSACTIONS IN ENGLAND AND WALES 2001-2006 – BY VOLUME (MILLIONS) |
28 |
| TABLE 13 | AVERAGE HOUSEHOLD SIZE GREAT BRITAIN 1991-2006 - % |
29 |
| TABLE 14 | UK DINING AND OCCASIONAL MARKET 2005-2012- BY VALUE (£M MSP) |
31 |
| CHART 15 | INTERNATIONAL TRADE IN WOODEN DINING, LIVING, OCCASIONAL FURNITURE AND OTHER WOODEN FURNITURE FOR UNSPECIFIED APPLICATIONS 2001-2007 BY VALUE – (£ MILLION) |
34 |
| TABLE 16 | COUNTRIES OF ORIGIN FOR IMPORTS OF WOODEN DINING, LIVING, OCCASIONAL AND OTHER WOODEN FURNITURE FOR UNSPECIFIED APPLICATIONS 2007 – MARKET SHARE BY VALUE (£ MILLION) |
36 |
| CHART 17 | VALUE OF IMPORTS FOR CHINA, ITALY, VIETNAM & POLAND 2000, 2005 AND 2007 – BY VALUE (£MILLION) |
37 |
| TABLE 18 | EXPORT DESTINATIONS FOR WOODEN DINING, LIVING, OCCASIONAL AND OTHER WOODEN FURNITURE FOR UNSPECIFIED APPLICATIONS 2007 - % BY VALUE (£ MILLION) |
39 |
| CHART 19 | PRODUCT MIX DINING AND OCCASIONAL FURNITURE 2007 -% BY VALUE |
43 |
| TABLE 20 | UK DINING FURNITURE MARKET 2005-2012 – BY VALUE (£M MSP) |
45 |
| CHART 21 | UK DINING FURNITURE MARKET MIX BY PRODUCT 2007 -% BY VALUE |
46 |
| TABLE 22 | UK MARKET FOR OCCASIONAL FURNITURE 2005-2012 – BY VALUE (£M MSP) |
48 |
| CHART 23 | THE UK MARKET FOR OCCASIONAL FURNITURE BY PRODUCT TYPE % VALUE 2007 |
50 |
| CHART 24 | THE UK MARKET FOR DINING & OCCASIONAL FURNITURE MIX BY TYPE OF MATERIAL 2007 - % BY VALUE |
54 |
| CHART 25 | UK MARKET FOR DINING & OCCASIONAL FURNITURE MIX BY TYPE OF WOOD 2007 % BY VALUE |
55 |
| TABLE 26 | NUMBER OF FURNITURE MANUFACTURERS AND TURNOVER SIZE 1997-2006 |
60 |
| TABLE 27 | MAJOR SUPPLIERS TO THE DINING AND OCCASIONAL FURNITURE MARKET 2007 – % SHARE BY VALUE |
63 |
| TABLE 28 | DISTRIBUTION OF DINING & OCCASIONAL FURNITURE – VALUE SHARE 2007 |
70 |
