UK Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The United Kingdom Furniture Market Analysis, Trends and the Industry is Segmented by Product (Living Room Furniture, Dining Room Furniture, Bedroom Furniture, Kitchen Furniture, and Other Types) and by Distribution Channel (Home Centers, Flagship Stores, Specialty Stores, Online, and Other Distribution Channels). The Report Offers Market Size and Forecasts for the United Kingdom Home Furniture Market in Value (USD) for all the Above Segments.

UK Furniture Market Size

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United Kingdom Home Furniture Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 18.78 Billion
Market Size (2029) USD 21.98 Billion
CAGR (2024 - 2029) 3.20 %
Market Concentration Medium

Major Players

United Kingdom Home Furniture Market Major Players

*Disclaimer: Major Players sorted in no particular order

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UK Furniture Market Analysis

The United Kingdom Home Furniture Market size is estimated at USD 18.78 billion in 2024, and is expected to reach USD 21.98 billion by 2029, growing at a CAGR of 3.20% during the forecast period (2024-2029).

The United Kingdom furniture industry plays an important part in the United Kingdom economy. United Kingdom is one of the leading exporters of furniture in the world and the fourth largest furniture manufacturer in the world. The United Kingdom furniture tradition occupies a special place in the overall history of furniture. In the overall history of furniture, the tradition of the United Kingdom occupies a special place. Brands rely on three factors to raise their sales: fashion in particular kitchens, the construction of new homes and population mobility since furniture lasts for many years. Modern United Kingdom furniture is quite popular worldwide just because of its uniqueness and extraordinary designs. United Kingdom is globally recognized for making fashionable and designer furniture, in fact, they are leading in the furniture industry. Classical United Kingdom furniture has a very opulent look – curved lines, rich materials such as silk, brocade or velvet, and intricate carvings, with or without gilding. Pieces such as dining room tables, beds and sofas tend to have a larger-than-life look, and can be physically large and heavy, as well.

The retailing of furniture in United Kingdom is mainly divided into offline or brick-and-mortar retailing and online or e-commerce retailing. Under offline retailing in Italy the distribution channels covered are specialized organized distribution (chains, franchises, buying groups) and non-specialized (department stores, DIY / Do-it-yourself, hypermarkets), traditional distribution (independent distributors), and other (direct sales and other forms of retail sales such as postal or home sales). Under online retailing all furniture retailers who sell furniture products online got covered.

UK Furniture Market Trends

Increasing Expenditure on Furniture and Furnishings in the United Kingdom is Driving the Market

Ongoing population growth and an improvement in the living standards of the United Kingdom are expected to drive demand for space-efficient and reasonably-priced home furniture. UK customers have become more concerned with style and interior design, opening up new markets for bespoke furniture manufacturers. TV shows encouraging the creation, increased income, and a thriving real estate market in many locations have all pushed people to invest in high-quality furniture from smaller producers. Growing expenditure on furniture and furnishing in the UK is creating lucrative growth prospects in the United Kingdom home furniture market.

Consumer trends in the UK furniture market are influenced by factors such as changing lifestyles, home ownership rates, interior design trends, and economic conditions. There is a growing demand for furniture that is stylish, functional, and affordable, with an emphasis on quality and durability. The UK furniture market is characterized by a diverse retail landscape, including furniture stores, department stores, online retailers, and specialty shops. Major players in the market include established brands, independent retailers, and international furniture manufacturers.

United Kingdom Home Furniture Market : Annual Expenditure on Furniture and Furnishings in the United Kingdom, In GBP Million, 2015-2021

Growing Preference to Online Shopping is Driving the Market

Over the past five years, the UK's furniture market has shown robust performance, with local manufacturing accounting for over 45% of the demand. The UK stands as a significant player in furniture production, securing the 4th spot in Europe. In the UK, online retailers dominate furniture distribution, overshadowing other channels like e-commerce, hypermarkets, homeware retailers, and department stores. These online players are not only expanding but also redefining the traditional store model, blurring the lines between online and offline experiences. The e-commerce retailing industry is poised to benefit from the surging demand for online shopping. Moreover, with the growing adoption of internet-connected devices, m-commerce is poised to gain traction, fostering impulse purchases and aiding industry retailers.

Online retailing has become increasingly important in the UK furniture market, with a growing number of consumers opting to shop for furniture online. E-commerce platforms offer a wide selection of furniture products, competitive pricing, and convenient delivery options, driving the growth of online furniture sales. The popularity of home improvement and do-it-yourself (DIY) projects has contributed to the demand for furniture in the UK. Consumers are investing in furniture to enhance their living spaces, update their interiors, and personalize their homes according to their tastes and preferences. There is a growing emphasis on sustainability and eco-friendly products in the UK furniture market. 

United Kingdom Home Furniture Market : Great Britain Furniture E-commerce Market Value, In Million Pounds, 2011-2021

UK Furniture Industry Overview

The report covers major international players operating in the United Kingdom's home furniture market. In terms of market share, few significant players currently dominate the market. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping into new markets. IKEA, DFS, Bed Bath & Beyond Inc., Wayfair Inc., and Dunelm Group PLC were the leading retailers in the UK home furniture market.

UK Furniture Market Leaders

  1. Ikea

  2. Bed Bath & Beyond Inc.

  3. Wayfair Inc.

  4. Dunelm Group PLC

  5. DFS Furniture PLC

*Disclaimer: Major Players sorted in no particular order

Ikea, Bed Bath & Beyond Inc, Wayfair Inc, Dunelm Group, PLC DFS Furniture PLC
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UK Furniture Market News

  • In November 2023, IKEA launched a new mattress removal and recycling scheme in partnership with The Furniture Recycling (TFR) Group. This initiative aims to offer a sustainable solution for recycling old mattresses that would otherwise end up as waste. The mattresses are recycled, and the materials they contain are reused.
  • In September 2023, Dunelm launched its new 'Home of Homes' ad campaign, providing shoppers with a preview of this season's essential homeware. 

UK Furniture Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS AND DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain/Supply Chain Analysis

    5. 4.5 Porter's Five Forces Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

    6. 4.6 Insights into Technological Innovations in the Market

    7. 4.7 Insights into Consumer Behaviour Towards Home Furniture in UK

    8. 4.8 Impact of COVID-19 on the Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Living Room Furniture

      2. 5.1.2 Dining Room Furniture

      3. 5.1.3 Bedroom Furniture

      4. 5.1.4 Kitchen Furniture

      5. 5.1.5 Other Types

    2. 5.2 By Distribution Channel

      1. 5.2.1 Home Centers

      2. 5.2.2 Flagship Stores

      3. 5.2.3 Specialty Stores

      4. 5.2.4 Online

      5. 5.2.5 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Alpha Designs Upholstery Limited

      2. 6.1.2 Andrena Furniture Ltd

      3. 6.1.3 Cotteswood Furniture

      4. 6.1.4 Bed Bath & Beyond Inc.

      5. 6.1.5 Delcor Limited

      6. 6.1.6 DFS Furniture PLC

      7. 6.1.7 Dunelm Group PLC

      8. 6.1.8 ercol

      9. 6.1.9 Steve Bristow Furniture

      10. 6.1.10 Steinhoff UK Retail Limited

      11. 6.1.11 Wayfair Inc.

      12. 6.1.12 IKEA*

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. DISCLAIMER AND ABOUT US

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UK Furniture Industry Segmentation

Furniture refers to movable objects intended to support various human activities such as seating (e.g., chairs, stools, and sofas), eating (tables), and sleeping (e.g., beds). Furniture is also used to hold objects at a convenient height for work (as horizontal surfaces above the ground, such as tables and desks) or to store things (e.g., cupboards and shelves). A complete background analysis of the United Kingdom home furniture market, which includes an assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments and market dynamics, is covered in the report.

The United Kingdom home furniture market is segmented by product and distribution channels. By product, the market is sub-segmented into living room furniture, dining room furniture, bedroom furniture, kitchen furniture, and other types, and by distribution channel, the market is sub-segmented into home centers, flagship stores, specialty stores, online, and other distribution channels. The report offers market size and forecasts for the United Kingdom home furniture market in value (USD) for all the above segments."

By Product Type
Living Room Furniture
Dining Room Furniture
Bedroom Furniture
Kitchen Furniture
Other Types
By Distribution Channel
Home Centers
Flagship Stores
Specialty Stores
Online
Other Distribution Channels
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UK Furniture Market Research FAQs

The United Kingdom Home Furniture Market size is expected to reach USD 18.78 billion in 2024 and grow at a CAGR of 3.20% to reach USD 21.98 billion by 2029.

In 2024, the United Kingdom Home Furniture Market size is expected to reach USD 18.78 billion.

Ikea, Bed Bath & Beyond Inc., Wayfair Inc., Dunelm Group PLC and DFS Furniture PLC are the major companies operating in the United Kingdom Home Furniture Market.

In 2023, the United Kingdom Home Furniture Market size was estimated at USD 18.18 billion. The report covers the United Kingdom Home Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Home Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

UK Furniture Industry Report

Statistics for the 2024 UK Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Furniture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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UK Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)