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UK HOME DECOR MARKET - GROWTH, TRENDS, AND FORECAST (2020 - 2025)
The market is segmented by Product and by End User.
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2015-2024
Base Year:
2019
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Market Overview
The UK home decor market is growing at a faster rate than other home retail markets, as customers opt for affordable options to give their homes a new look.
- As home decor is more resilient than other UK homeware markets after Brexit, it is imperative for retailers to ensure that investment is directed to growing and improving trend-led and seasonal collections, as well as improving in store marketing and better showcasing products online.
- Decorative accessories may drive the market ranges through their trend-led, cost-efficient options for updating the look of a home.
- The new luxury is all about having unique experiences, gaining new skills, being eco-friendly and showing connectivity. Customers want products that add to their knowledge and sense of identity, as well as products that give meaning and significance to their experiences.
Scope of the Report
A complete background analysis of the UK Home Decor Market, which including an assessment of the parental market, emerging trends by segments and regional markets, Significant changes in market dynamics and market overview, is covered in the report.
| By Product | |||||||
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| Others |
| By Distribution Channel | |
| Supermarkets and Hypermarkets | |
| Home Decor Stores | |
| Gift Shops | |
| Direct to Consumer | |
| Online | |
| Others |
| By End User | |
| Household | |
| Commercial |
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Key Market Trends
Consumption Expenditure on Household Textiles
Household consumption expenditure is the market value of all goods and services, including durable products purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. In 2012, UK households purchased above GBP 5 billion worth of household textiles. Consumption has increased since, reaching GBP 6.3 billion in 2017.
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Furniture and Lighting Equipment
The revenue of retail sale of furniture, lighting equipment, and other household articles in specialized stores in the United Kingdom GBP 15.9 billion in 2015.
To understand geography trends, Download Sample Report.
Competitive Landscape
The report covers major international players operating in the UK Home Decor Market. In terms of market share, few major players currently dominate the market. However, with technological advancements and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
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Table Of Contents
1. INTRODUCTION
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Value Chain Analysis of the UK Home Decor Market
4.6 Porter's Five Forces Analysis
4.7 Brexit Impact on the UK Home Decor Market
4.8 Technological Innovations
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Furniture
5.1.1.1 Living-Room and Dining-Room Furniture
5.1.1.2 Bedroom Furniture
5.1.1.3 Kitchen Furniture
5.1.1.4 Lamps and Lighting Furniture
5.1.1.5 Others
5.1.2 Textiles
5.1.2.1 Bed Linen
5.1.2.2 Bath Linen
5.1.2.3 Kitchen Linen
5.1.2.4 Upholstery
5.1.2.5 Floor
5.1.3 Floor Coverings
5.1.3.1 Ceramic and Stone Tiles
5.1.3.2 Wood & Laminate
5.1.3.3 Vinyl Flooring
5.1.3.4 Carpet & Rugs
5.1.3.5 Others (Linoleum, Cork, Bamboo, Rubber)
5.1.4 Others
5.2 By Distribution Channel
5.2.1 Supermarkets and Hypermarkets
5.2.2 Home Decor Stores
5.2.3 Gift Shops
5.2.4 Direct to Consumer
5.2.5 Online
5.2.6 Others
5.3 By End User
5.3.1 Household
5.3.2 Commercial
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 IKEA UK
6.1.2 Bed Bath & Beyond UK
6.1.3 Wayfair UK
6.1.4 DFS Furniture PLC
6.1.5 Dunelm Group PLC
6.1.6 Homestyle Group PLC
6.1.7 Victoria PLC
6.1.8 Axminster Carpets Ltd
6.1.9 Headlam Group PLC
6.1.10 Allied Carpets Group PLC *
7. FUTURE OF THE UK HOME DECOR MARKET
8. DISCLAIMER
*List Not Exhaustive
** Subject to Availability
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