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April 23, 2005
New AKTRIN Report on:
REVIEW OF THE UK DOMESTIC FURNITURE INDUSTRY
The latest findings indicate that total industry sales increased by 3.1% in 2004 or ?45m in value terms. This compares with growth of 4.1% in 2003 and almost 5% in 2002.Upholstery continues to account for the largest share with 34% of the market in value terms, compared with kitchen furniture with 20% of the market.
As far as kitchen furniture is concerned, specialist
kitchen furniture outlets are the main distributors with 34% of the market in value terms;
within that sector independents account for 27% of the market, whilst multiples account
for 7% of the market.
As far as domestic furniture other than kitchen and
upholstered furniture is concerned, multiple furnishing outlets currently account for
around 32% of total sales in value terms, whilst independent outlets account for around
31% of the total market. It is estimated that imports of domestic furniture reached
?372.5m in 2004, compared to less in 2002. Imports
currently account for 28% of the total market. The penetration rate for imports varies
considerably between different product groups, reaching 52% for dining and living room
furniture, but only 7% for kitchen furniture.
The major trade exhibition for the industry is the
annual Furniture Show held at the NEC in
|AKTRIN is a report writing and international
consulting firm fully dedicated to the furniture industry. The company has been in
existence since 1985 and maintains offices in the United States, Canada, Mexico and
Germany . Representatives and affiliates are located throughout the world.
For more information click: http://furniture-info.com/1873.htm
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