Market Size of United Kingdom Home Furniture Industry
| 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
*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.
