| 1. |
INTRODUCTION |
6 |
| 2. |
SUMMARY |
7 |
| 2.1 | SITUATION ASSESSMENT |
7 |
| 2.2 | FUTURE PROSPECTS |
10 |
| 3. |
ECONOMIC ENVIRONMENT |
13 |
| 3.1 | GDP |
13 |
| 3.2 | INFLATION & INTEREST RATES |
14 |
| 3.3 | UNEMPLOYMENT |
15 |
| 3.4 | HOUSEHOLD CONSUMPTION |
16 |
| 3.5 | HOUSING & CONSTRUCTION |
17 |
| 3.6 | STERLING |
19 |
| 3.7 | POPULATION PROFILE |
20 |
| 3.8 | CONCLUSIONS |
22 |
| 4. |
THE UK FURNITURE MARKET |
23 |
| 4.1 | MARKET SIZE AND TRENDS |
23 |
| 4.2 | CONSUMER CHARACTERISTICS |
26 |
| 4.3 | HOUSING TRENDS AND DEMOGRAPHICS |
27 |
| 4.3.1 | New Housebuilding |
27 |
| 4.3.2 | House Moving |
30 |
| 4.3 | Household Size |
31 |
| 5. |
UPHOLSTERED FURNITURE |
33 |
| 5.1 | DEFINITION |
33 |
| 5.2 | MARKET SIZE AND BACKGROUND |
33 |
| 5.2.1 | Market Size |
33 |
| 5.2.2 | Current Situation |
35 |
| 5.2.3 | Future Prospects |
37 |
| 5.3 | IMPORTS AND EXPORTS |
38 |
| 5.4 | PRODUCT MIX |
40 |
| 5.4.1 | Upholstery Type |
40 |
| 5.4.2 | Materials |
46 |
| 5.4.3 | Frames |
50 |
| 5.4.4 | Fillings |
50 |
| 5.5 | END USER MIX |
51 |
| 5.6 | SUPPLIERS |
52 |
| 5.6.1 | Market Structure |
52 |
| 5.6.2 | Market Shares |
54 |
| 5.6.3 | Companies |
56 |
| 6. |
BEDS & MATTRESSES |
61 |
| 6.1 | DEFINITION |
61 |
| 6.2 | MARKET SIZE |
61 |
| 6.2.1 | Background |
61 |
| 6.2.2 | Current Trends |
63 |
| 6.2.3 | Future Prospects |
64 |
| 6.2.3 | Imports & Exports |
66 |
| 6.3 | PRODUCT MIX |
68 |
| 6.3.1 | By Size |
68 |
| 6.3.2 | By Product Type |
69 |
| 6.4 | CONTRACT/NON-DOMESTIC MARKET |
77 |
| 6.5 | SUPPLIERS |
79 |
| 6.5.1 | Supplier Market Shares |
79 |
| 6.5.2 | Companies |
81 |
| 7. |
DISTRIBUTION |
87 |
| 7.1 | STRUCTURE |
87 |
| 7.2 | DEFINITIONS |
87 |
| 7.3 | STORE LAYOUT AND DESIGN |
88 |
| 7.4 | CHANNEL SHARES |
89 |
| 7.4.1 | Furniture Multiples |
91 |
| 7.4.2 | Furniture Independents |
95 |
| 7.4.3 | Department Stores |
95 |
| 7.4.4 | Variety Stores |
97 |
| 7.4.5 | Catalogue Retailers / Mail Order |
98 |
| 7.4.6 | DIY Multiples |
99 |
| 7.4.7 | The Internet |
100 |
| 7.4.8 | Grocery Multiples |
101 |
| TABLES AND CHARTS |
| TABLE 1 | THE UK UPHOLSTERED FURNITURE & BEDS MARKET 2001-12 (£M MSP) |
7 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1990-2010 |
15 |
| CHART 3 | PDI & SAVINGS RATIO AT CURRENT PRICES 1990-2010 |
17 |
| TABLE 4 | EXCHANGE RATE FLUCTUATIONS 2000-2008 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
20 |
| CHART 5 | AGE DISTRIBUTION OF THE RESIDENT UK POPULATION 2001 (‘000) |
21 |
| TABLE 5 | THE UK MARKET FOR DOMESTIC FURNITURE 2002-2007 (£M MSP) |
23 |
| CHART 6 | THE UK MARKET FOR DOMESTIC FURNITURE BY PRODUCT GROUP (%) |
25 |
| TABLE 7 | AVERAGE WEEKLY HOUSEHOLD EXPENDITURE |
26 |
| TABLE 8 | HOUSE BUILDING COMPLETIONS 2000-2009 – UNITED KINGDOM (000’S DWELLINGS) |
28 |
| TABLE 9 | NUMBER OF PROPERTY TRANSACTIONS IN ENGLAND AND WALES 2000-2006 (000’S) |
31 |
| TABLE 10 | AVERAGE HOUSEHOLD SIZE FOR GREAT BRITAIN 1991-2006 |
32 |
| TABLE 11 | THE UK UPHOLSTERED FURNITURE MARKET 2001-2012 (£M MSP) |
34 |
| TABLE 12 | IMPORTS OF UPHOLSTERED FURNITURE 2000 – 2006 (£M) |
38 |
| TABLE 13 | EXPORTS OF UPHOLSTERED FURNITURE 2000 - 2006 (£M) |
39 |
| TABLE 14 | THE UK UPHOLSTERY MARKET BY SALES TYPE (£M AND %) |
40 |
| CHART 15 | UK UPHOLSTERED FURNITURE MARKET BY PRODUCT TYPE 2007 (% OF VALUE) |
41 |
| TABLE 16 | SHARE OF ACTION FURNITURE 1999-2007 (% OF VALUE) |
43 |
| CHART 17 | UK UPHOLSTERY MARKET – MIX BY COVER TYPE BY VALUE 2007 |
46 |
| CHART 18 | VALUE SHARE OF LEATHER AND FABRIC 1999-2007 (%) |
48 |
| CHART 19 | UK UPHOLSTERED FURNITURE MARKET BY END-USER BY VALUE 2007 |
51 |
| TABLE 20 | NUMBER OF FURNITURE MANUFACTURERS AND TURNOVER SIZE 1999-2004 |
53 |
| TABLE 21 | MARKET SHARES - UK UPHOLSTERED FURNITURE MARKET 2007 |
55 |
| TABLE 22 | THE UK BEDS & MATTRESSES MARKET 2001-2012 BY VALUE |
62 |
| TABLE 23 | IMPORTS OF DIVANS, BEDSTEADS & MATTRESSES 2000 - 2006 (£M) |
66 |
| TABLE 24 | EXPORTS OF DIVANS, BEDSTEADS & MATTRESSES 2000 - 2006 (£M) |
67 |
| TABLE 25 | PRODUCT MIX – DIVANS & BEDSTEADS 2007 |
68 |
| TABLE 27 | SHARE OF MARKET HELD BY BEDSTEADS 1999-2007 (%) |
72 |
| CHART 28 | THE UK MARKET FOR MATTRESSES BY TYPE OF SUPPORT 2007 (% OF VALUE) |
74 |
| TABLE 29 | NUMBER OF WOOD AND WOODEN PRODUCT MANUFACTURERS AND TOTAL TURNOVER 2000-2006 |
79 |
| TABLE 30 | UK BED MANUFACTURERS’ MARKET SHARES 2007 (% OF VALUE) |
80 |
| TABLE 31 | DISTRIBUTION OF UPHOLSTERED FURNITURE AND BEDS 2007 (% OF VALUE) |
90 |
