Industry Analysis & Industry Trends
Demand for furniture, carpet and lighting is often based on aesthetics, changes in fashion trends and capital expenditure on dwellings. Sales of carpets and vinyl have risen in the past few years, at the expense of laminate and wood floorings. This has had a positive effect on demand for the industry, which does not include such alternative floorings. The level of activity in the housing market affects demand for furniture, carpet and lighting. Over the past two years the housing market has strengthened, resulting in greater demand for the industry's products.
Over the five years through 2015-16, industry revenue is estimated to increase at a compound annual rate of 5.1% to reach £5.3 billion. IBISWorld expects an increase in revenue of 6.8%... purchase to read more
Industry Report - Industry Locations Chapter
IBISWorld estimates that furniture, carpet and lighting wholesaling activities in the United Kingdom are mainly concentrated in London, the South East and the North West. Together, these regions are expected to account for nearly 31.7% of industry establishments in 2015-16. London and the North West have accounted for a declining share of industry revenue over the past five years, while the South East has risen. The North East, Northern Ireland and Wales account for the smallest share of industry establishments.
The spread of industry activity tends to follow that of downstream retailing industries, demonstrating that wholesalers tend to locate close to their customers. Indications are that the location of suppliers also influences the distribution of wholesalers. How.. purchase to read more