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According to the new report by AMA Research, the outlook for the UK floorcoverings market is one of moderate growth. Factors affecting this slow market change are increasing inflation, adverse currency movements and relatively low wage increases affecting consumer confidence.
As a mature market, upholstered furniture remains mainly a non-essential purchase with lengthy replacement cycles and therefore can be deferred in times of economic constraint
Having experienced overall growth of 13% between 2013 and 2017, the UK household textiles market has been underpinned by returning consumer confidence and sustained demand from contract applications.
5 Key Facts relating to the UK's Contract Floorcoverings Market 2018-22, taken from AMA Research's in depth and detailed market report.
We're counting down the days until UK Construction Week, which is held between 9-11 October and is the UK's largest construction trade show, uniting more than 650 exhibitors with an audience of over 30000 trade visitors.
5 Key Facts relating to the UK's Paint, Wallcoverings and Woodcare Market 2018-22, taken from AMA Research's in depth and detailed market report.
The UK domestic window coverings market has shown overall growth of 15% between 2013 and 2017, but lower growth rates of around 2-3% are currently forecast for 2018.
5 Key Facts relating to the UK's Floor and wall tiles market 2017-21, taken from AMA Research's in depth and detailed market report.
5 Key Facts relating to the UK's Wood and Laminate Floorcoverings market 2017-21, taken from AMA Research's in depth and detailed market report.
5 Key Facts relating to the UK's Modular Floorcoverings market 2017-21, taken from AMA Research's in depth and detailed market report.
Subject as it is to the influences of consumer and business spending levels, construction output and underlying economic trends, the wall and floor tiles market delivered a strong performance between 2014 and 2017 with overall growth of 8%.
The market for paint, wallcoverings and woodcare products was worth an estimated £925m in 2017. An upturn in the construction sector in 2014 stimulated demand for paint and wallcoverings.
The UK wood floorcoverings market has a high level of import penetration, and is therefore highly susceptible to fluctuations in exchange rates.
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