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Furniture & Home Furnishings Repair in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Furniture & Home Furnishings Repair Market Research Report | SIC S95.240 | Feb 2017

Nicely patched up: Revenue has grown relatively strongly in recent years, after a period of fluctuation

IBISWorld’s Furniture & Home Furnishings Repair market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
ServiceMaster Limited ServiceMaster Limited market share
Industry Statistics & Market Size
Revenue
£174m
Annual Growth 12-17
4.7%
Annual Growth 17-22
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Profit
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Employment
2,527
Businesses
718
Industry Analysis & Industry Trends

The Furniture and Home Furnishing Repair industry handles the reupholstering, refinishing, repairing and restoring of furniture and home furnishings. The industry also includes the repair of office furniture. Like many other repair industries, demand for the bulk of industry services tends to be counter-cyclical. However, demand for high-value repairs tends to improve in line with an improving economy. Recent economic growth has led to an increasing number of people buying high-end furniture, which has increased the potential market for repairs as consumers generally repair rather than replace high-end furniture, as it is more cost effective to do so. Households have also invested in more specialised furniture in recent years... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Furniture and Home Furnishings Repair industry is the mature stage of its life cycle. Industry value added, which measures the industry's contribution to the overall economy, is estimated to increase at a compound annual rate of 1.6% over the 10 years through 2021-22. The UK economy is expected to expand at a compound annual rate of 2.3% during the same period, meaning the industry's share of the economy is falling. The industry is in the mature stage of its life cycle because many Britons are taking advantage of the fact that new furniture has become cheaper and are choosing to replace broken or damaged items rather than repairing them. It is usually only valuable furniture and furnishings that are repaired. Thi.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Furniture & Home Furnishings Repair Industry?

Businesses in this industry repair a range of furniture and home furnishings, including office furniture. This can include reupholstering, refinishing and restoring.

Industry Products
Bed and seating repairStorage furniture and surface repairDecorative furnishing repairTextile furnishing repair
 
Industry Activities
Reupholstering furnitureRefinishing furniture and furnishingsRepairing furniture and furnishingsRestoring furniture and furnishings


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