| 1. |
INTRODUCTION |
6 |
| 2. | SUMMARY |
7 |
| 3. | ECONOMIC ENVIRONMENT |
11 |
| 3.1 | GDP |
11 |
| 3.2 | INFLATION & INTEREST RATES |
12 |
| 3.3 | UNEMPLOYMENT |
13 |
| 3.4 | HOUSEHOLD CONSUMPTION |
14 |
| 3.5 | HOUSING & CONSTRUCTION |
15 |
| 3.6 | STERLING |
16 |
| 3.7 | POPULATION PROFILE |
17 |
| 3.8 | CONCLUSIONS |
18 |
| 4. | THE UK FURNITURE MARKET |
19 |
| 4.1 | MARKET SIZE AND TRENDS |
19 |
| 4.2 | CONSUMER CHARACTERISTICS |
20 |
| 4.3 | PRODUCT MIX – OVERALL FURNITURE MARKET |
22 |
| 4.4 | HOUSING TRENDS AND DEMOGRAPHICS |
23 |
| 4.4.1 | New Housebuilding |
23 |
| 4.4.2 | House Moving |
26 |
| 4.4.3 | Household Size |
27 |
| 5. | UPHOLSTERED FURNITURE |
29 |
| 5.1 | DEFINITION |
29 |
| 5.2 | MARKET SIZE AND BACKGROUND |
29 |
| 5.3 | CURRENT SITUATION |
30 |
| 5.4 | IMPORTS AND EXPORTS |
33 |
| 5.5 | FUTURE PROSPECTS |
35 |
| 5.6 | PRODUCT MIX |
36 |
| 5.6.1 | Upholstery Type |
36 |
| 5.6.2 | Materials |
40 |
| 5.6.3 | Frames |
44 |
| 5.6.4 | Fillings |
45 |
| 5.7 | END USER MIX |
45 |
| 5.8 | SUPPLIERS |
47 |
| 5.8.1 | Market Structure |
47 |
| 5.8.2 | Market Shares |
49 |
| 5.8.3 | Companies |
51 |
| 6. | BEDS & MATTRESSES |
58 |
| 6.1 | DEFINITION |
58 |
| 6.2 | MARKET SIZE |
58 |
| 6.2.1 | Background |
58 |
| 6.2.2 | Current Trends |
59 |
| 6.2.3 | Future Prospects |
60 |
| 6.2.4 | Imports & Exports |
61 |
| 6.3 | PRODUCT MIX |
63 |
| 6.3.1 | By Size |
63 |
| 6.3.2 | By Product Type |
64 |
| 6.4 | CONTRACT/NON-DOMESTIC MARKET |
72 |
| 6.5 | SUPPLIERS |
74 |
| 6.5.1 | Supplier Market Shares |
74 |
| 6.5.2 | Companies |
77 |
| 7. | DISTRIBUTION |
83 |
| 7.1 | STRUCTURE |
83 |
| 7.2 | DEFINITIONS |
83 |
| 7.3 | STORE LAYOUT AND DESIGN |
84 |
| 7.4 | SHARES |
85 |
| 7.4.1 | Furniture Multiples |
87 |
| 7.4.2 | Furniture Independents |
91 |
| 7.4.3 | Department Stores |
92 |
| 7.4.4 | Variety Stores |
93 |
| 7.4.5 | Catalogue Retailers / Mail Order |
95 |
| 7.4.6 | DIY Multiples |
96 |
| 7.4.7 | The Internet |
97 |
| 7.4.8 | Grocery Multiples |
98 |
| 8. | FUTURE PROSPECTS |
99 |
| 8.1 | OVERALL MARKET |
99 |
| 8.2 | UPHOLSTERED FURNITURE |
99 |
| 8.3 | BEDS |
100 |
|
TABLES AND CHARTS |
| TABLE 1 | THE UK UPHOLSTERED FURNITURE & BEDS MARKET 1999-2009 (£M MSP) |
7 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1990-2008 |
13 |
| CHART 3 | PDI & SAVINGS RATIO AT CURRENT PRICES 1990-2006 |
14 |
| TABLE 4 | EXCHANGE RATE FLUCTUATIONS 2000-2007 - THE POUND STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
16 |
| CHART 5 | AGE DISTRIBUTION OF THE RESIDENT UK POPULATION 2001 (‘000) |
17 |
| TABLE 6 | THE UK MARKET FOR DOMESTIC FURNITURE 2000-2006 (£M MSP) |
19 |
| TABLE 7 | AVERAGE WEEKLY HOUSEHOLD EXPENDITURE ON HOUSEHOLD GOODS & SERVICES AND FURNITURE AND FURNISHINGS BY AGE OF HOUSEHOLD REFERENCE PERSON (£’S) 2004/5 |
20 |
| CHART 8 | UK MARKET MIX OF FURNITURE 1997, 1999, 2002 & 2005: |
22 |
| TABLE 9 | HOUSE BUILDING COMPLETIONS 2000-2008 – UNITED KINGDOM (‘000 DWELLINGS) |
23 |
| CHART 10 | HOUSEBUILDING COMPLETIONS BY TYPE OF DWELLING % GB 2001-2005 |
25 |
| TABLE 11 | NUMBER OF PROPERTY TRANSACTIONS IN ENGLAND AND WALES 2000-2005 (‘000) |
26 |
| TABLE 12 | AVERAGE HOUSEHOLD SIZE FOR GREAT BRITAIN 1991-2004 |
27 |
| TABLE 13 | THE UK UPHOLSTERED FURNITURE MARKET 1999-2009 (£M MSP) |
30 |
| TABLE 14 | IMPORTS OF UPHOLSTERED FURNITURE 2000 - 2005 (£000) |
33 |
| TABLE 15 | EXPORTS OF UPHOLSTERED FURNITURE 2000 - 2005 (£000) |
34 |
| CHART 16 | UK UPHOLSTERED FURNITURE MARKET – PRODUCT MIX BY TYPE BY VALUE 2005 |
36 |
| TABLE 17 | VALUE SHARE OF ACTION FURNITURE 1999-2007 (%) |
38 |
| CHART 18 | UK UPHOLSTERY MARKET – MIX BY COVER TYPE BY VALUE 2005 |
41 |
| CHART 19 | VALUE SHARE OF LEATHER AND FABRIC 1999-2007 (%) |
42 |
| CHART 20 | UK UPHOLSTERED FURNITURE MARKET BY END-USER BY VALUE 2005 |
46 |
| TABLE 21 | NUMBER OF FURNITURE MANUFACTURERS AND TURNOVER SIZE 1999-2004 |
48 |
| TABLE 22 | MARKET SHARES - UK UPHOLSTERED FURNITURE MARKET 2005 |
50 |
| TABLE 23 | THE UK BEDS & MATTRESSES MARKET 1999-2009 BY VALUE |
59 |
| TABLE 24 | IMPORTS OF DIVANS, BEDSTEADS & MATTRESSES 2000, 2002, 2004 AND 2005 (£000) |
62 |
| TABLE 25 | EXPORTS OF DIVANS, BEDSTEADS & MATTRESSES 2000, 2002, 2004 AND 2005 (£000) |
62 |
| TABLE 26 | PRODUCT MIX – DIVANS & BEDSTEADS 2005 |
63 |
| CHART 27 | UK BEDS/MATTRESSES MARKET – PRODUCT MIX BY TYPE BY VALUE 2005 |
65 |
| TABLE 28 | VALUE SHARE OF BEDSTEADS 1999-2005 (%) |
67 |
| CHART 29 | MIX OF MATTRESSES BY SUPPORT BY VALUE 2005 |
71 |
| TABLE 30 | NUMBER OF FURNITURE MANUFACTURERS AND TURNOVER SIZE 1999-2004 |
75 |
| TABLE 31 | UK BED MANUFACTURERS’ MARKET SHARES - BY VALUE 2005 |
76 |
|
TABLE 32 |
DISTRIBUTION OF UPHOLSTERED FURNITURE AND BEDS 2005 BY VALUE |
86 |
