United Kingdom Furniture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

United Kingdom Furniture Market is segmented by Material (Wood, Metal, Plastic and Other Materials), by Application (Home Furniture, Office Furniture, Hospitality Furniture, and Other Furniture) and by Distribution Channel (Supermarkets, Specialty Stores, Online, and Other Distribution Channels).

Market Snapshot

United Kingdom Furniture Market
Study Period: 2016 - 2026
Base Year: 2021
CAGR: 2.6 %

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Market Overview

United Kingdom furniture manufacturing makes a significant contribution to the United Kingdom economy. United Kingdom is the second home furniture consumer in Western Europe. United Kingdom furniture distribution is the highest share of non-specialist retailers. Growth is also likely to be boosted by an increase in demand from the housing market, expanding online operations and the addition of value-added services. Rising disposable income, changing lifestyles and technological innovations are few drivers behind the growth of United Kingdom furniture market. The technological advancement in the product landscape of the company will help in gaining high furniture market penetration.

Scope of the Report

A complete background analysis of the United Kingdom Furniture Market, which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report.

Material
Wood
Metal
Plastic
Other Materials
Distribution Channel
Supermarkets
Specialty Stores
Online
Other Distribution Channels
Application
Home Furniture
Office Furniture
Hospitality
Other Furniture

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Key Market Trends

Increasing Construction Activities is Driving the Market

United Kingdom plays a key role in the European furniture industry. The growth of the real estate sector and increasing residential and commercial construction are some of the factors expected to drive market growth. The major drivers for the growth of this market are increasing construction activities and rising infrastructure due to the increasing urbanization and growing population. Increase in the number of single-person and two-person households has contributed to the increased number of home constructions. There exists a specifically high demand for portable and compact furniture. Growth in both, housing and commercial development will have a positive effect on furniture demand, driven by the need to furnish new constructions.

United Kingdom Furniture Market 1

Living Room and Dining Room Furniture Segment

The Living Room and Dining Room Furniture segment includes furniture found in living rooms, parlours, lounges, lobbies, and dining rooms. The rising purchasing power of households along with the change in lifestyle, as well as the increasing trend of purchasing the living and dining room furniture through an online channel, are expected to drive the growth of the market. The increasing demand for premium furniture is also one of the key drivers of the market.

United Kingdom Furniture Market 2

Competitive Landscape

The report covers major international players operating in the United Kingdom Furniture Market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Major Players

  1. Morgan Furniture

  2. Dare Studio

  3. The Senator Group

  4. Modus furniture

  5. Benchmark

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET 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 Porters 5 Force 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 Impact of COVID-19 on the Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 Material

      1. 5.1.1 Wood

      2. 5.1.2 Metal

      3. 5.1.3 Plastic

      4. 5.1.4 Other Materials

    2. 5.2 Distribution Channel

      1. 5.2.1 Supermarkets

      2. 5.2.2 Specialty Stores

      3. 5.2.3 Online

      4. 5.2.4 Other Distribution Channels

    3. 5.3 Application

      1. 5.3.1 Home Furniture

      2. 5.3.2 Office Furniture

      3. 5.3.3 Hospitality

      4. 5.3.4 Other Furniture

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Competition Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Morgan Furniture

      2. 6.2.2 Dare Studio

      3. 6.2.3 The Senator Group

      4. 6.2.4 Modus furniture

      5. 6.2.5 Benchmark

      6. 6.2.6 Williams Ridout

      7. 6.2.7 On & On Designs

      8. 6.2.8 Case Furniture

      9. 6.2.9 The Bisley Group

      10. 6.2.10 Hugh Miller Furniture

      11. 6.2.11 Staverton

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

  8. 8. APPENDIX

  9. 9. DISCLAIMER

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Frequently Asked Questions

The United Kingdom Furniture Market market is studied from 2016 - 2026.

The United Kingdom Furniture Market is growing at a CAGR of 2.6% over the next 5 years.

Morgan Furniture, Dare Studio, The Senator Group, Modus furniture, Benchmark are the major companies operating in United Kingdom Furniture Market.

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