| 1. |
INTRODUCTION |
6 |
| 2. |
SUMMARY AND FUTURE PROSPECTS |
7 |
| 2.1 | SUMMARY |
7 |
| 2.2 | FUTURE PROSPECTS |
9 |
| 3. |
ECONOMIC ENVIRONMENT |
11 |
| 3.1 | GDP |
11 |
| 3.2 | INFLATION & INTEREST RATES |
12 |
| 3.3 | UNEMPLOYMENT |
13 |
| 3.4 | HOUSEHOLD CONSUMPTION |
13 |
| 3.5 | HOUSING & CONSTRUCTION |
14 |
| 3.6 | STERLING |
15 |
| 3.7 | POPULATION PROFILE |
16 |
| 3.8 | CONCLUSIONS |
18 |
| 4. |
THE UK FURNITURE MARKET |
19 |
| 4.1 | GENERAL FURNITURE MARKET OVERVIEW |
19 |
| 4.2 | CONSUMER CHARACTERISTICS |
20 |
| 4.3 | PRODUCT MIX – OVERALL FURNITURE MARKET |
22 |
| 4.4 | HOME OFFICE, RECREATIONAL AND ‘MULTI-PURPOSE’ FURNITURE |
24 |
| 5. |
THE UK BEDROOM FURNITURE MARKET |
27 |
| 5.1 | MARKET DEFINITIONS |
27 |
| 5.2 | MARKET SIZE |
27 |
| 5.3 | CURRENT SITUATION |
29 |
| 5.4 | IMPORTS AND EXPORTS |
29 |
| 5.5 | KEY MARKET INFLUENCES/FACTORS AFFECTING THE MARKET |
34 |
| 5.5.1 |
The Housing Market | 34 |
| 5.5.2 |
Household Size | 36 |
| 6. |
PRODUCT MIX |
38 |
| 6.1 | PRODUCT DEFINITION |
38 |
| 6.2 | FITTED AND NON-FITTED BEDROOM FURNITURE |
38 |
| 6.2.1 |
Product Mix | 38 |
| 6.3 | TYPE OF BEDROOM FURNITURE: FLAT PACK AND RIGID |
41 | |
| 6.3.1 |
Product Mix | 41 |
| 6.4 | PRODUCT DESIGN |
43 |
| 6.4.1 |
Design Trends | 43 |
| 6.4.2 |
Storage Solutions | 45 |
| 6.4.3 |
Children and Teenagers Bedroom Furniture |
46 |
| 6.5 | MATERIALS AND FINISHES |
48 |
| 6.5.1 |
Wood | 50 |
| 6.5.2 |
Other Materials and Finishes |
51 |
| 6.6 | LEGISLATION AND INITIATIVES |
52 |
| 6.6.1 |
Environmental Initiatives |
52 |
| 6.6.2 |
Industry Initiatives | 53 |
| 7. |
SUPPLIERS |
55 |
| 7.1 | MARKET SHARE |
55 |
| 7.2 | MAJOR SUPPLIERS |
56 |
| 7.3 | OTHER SUPPLIERS: |
58 |
| 8. |
DISTRIBUTION |
62 |
| 8.1 | STRUCTURE |
62 |
| 8.2 | OVERVIEW |
62 |
| 8.3 | DISTRIBUTION CHANNEL SHARES |
63 |
| 8.4 | FURNITURE MULTIPLES |
64 |
| 8.5 | FURNITURE INDEPENDENTS |
66 |
| 8.6 | RETAIL SPECIALISTS |
67 |
| 8.7 | DEPARTMENT STORES AND VARIETY STORES |
67 |
| 8.7.1 |
Department Stores | 67 |
| 8.7.2 |
Variety Stores | 68 |
| 8.7.3 |
Catalogue Retailers | 69 |
| 8.8 | DIY MULTIPLES |
70 |
| 8.9 | OTHERS |
71 |
| 8.9.1 |
Internet | 71 |
| 8.9.2 |
Grocery Multiples | 72 |
|
TABLES AND CHARTS |
| TABLE 1 |
UK DOMESTIC BEDROOM FURNITURE MARKET 2000-2012 - £M MSP |
7 |
| CHART 2 |
INTEREST RATES AND INFLATION (CPI) FROM 1990-2010 |
12 |
| CHART 3 |
PDI & SAVINGS RATIO AT CURRENT PRICES 1990-2010 |
14 |
| TABLE 4 |
EXCHANGE RATE FLUCTUATIONS 2000-2008 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
16 |
| CHART 5 |
AGE DISTRIBUTION OF THE RESIDENT UK POPULATION 2001 (‘000) |
17 |
| TABLE 6 |
AVERAGE WEEKLY HOUSEHOLD EXPENDITURE ON HOUSEHOLD GOODS & SERVICES AND FURNITURE& FURNISHINGS BY AGE OF HOUSEHOLD (£’S) 2001/02 - 2005/06 |
21 |
| CHART 7 |
UK MARKET MIX OF FURNITURE 2002, 2005 & 2007 |
23 |
| CHART 8 |
FITTED AND NON-FITTED FURNITURE 2007 - % SHARE BY VALUE |
24 |
| TABLE 9 |
UK MARKET FOR HOME OFFICE FURNITURE 2000-2009 £M MSP |
26 |
| TABLE 10 |
UK DOMESTIC BEDROOM FURNITURE MARKET 2000-2012 - £M MSP |
28 |
| TABLE 11 |
IMPORTS AND EXPORTS OF WOODEN BEDROOM FURNITURE 2000-2007 BY VALUE – (£M) |
30 |
| TABLE 12 |
% SUPPLY MIX IN THE UK BEDROOM FURNITURE MARKET 2000, 2005 AND 2007 |
31 |
| TABLE 13 |
COUNTRIES OF ORIGIN FOR IMPORTS OF WOODEN BEDROOM FURNITURE 2006-2007 MARKET SHARE BY VALUE (£M) |
32 |
| TABLE 14 |
NEW HOUSE BUILDING: PERMANENT DWELLINGS STARTED AND COMPLETED UK (2001/02 TO 2007/08) |
34 | |
| TABLE 15 |
PERMANENT DWELLINGS COMPLETED BY SIZE 2002/3-2005/6 - % OF ALL DWELLINGS |
35 |
| TABLE 16 |
NUMBER OF PROPERTY TRANSACTIONS IN ENGLAND AND WALES 2001-2006 |
36 |
| TABLE 17 |
AVERAGE HOUSEHOLD SIZE FOR GREAT BRITAIN 1991, 2001 AND 2005 |
37 |
| CHART 18 |
MIX OF FITTED & NON-FITTED BEDROOM FURNITURE – 2007 BY VALUE |
39 |
| TABLE 19 |
FITTED AND NON-FITTED KITCHEN, BEDROOM AND BATHROOM FURNITURE MARKET SHARE BY VALUE 2007 |
40 |
| CHART 20 |
THE UK BEDROOM FURNITURE MARKET - VALUE MIX OF RIGID/FLAT PACK 2001-2007 |
42 |
| CHART 21 |
MIX OF CONTEMPORARY/TRADITIONAL STYLES OF BEDROOM FURNITURE 2007 |
44 |
| CHART 22 |
MIX OF CHILDREN’S & TEENAGE/ADULT BEDROOM FURNITURE 2007 |
46 |
| CHART 23 |
MIX OF MATERIALS USED IN THE BEDROOM FURNITURE SECTOR - % BY VALUE 2007 |
49 |
| TABLE 24 |
MAJOR SUPPLIERS TO THE BEDROOM FURNITURE MARKET - SHARE BY VALUE 2007 |
55 |
| TABLE 25 |
DISTRIBUTION OF BEDROOM FURNITURE – VALUE SHARE 2007 |
63 |
