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Furniture, Lighting & Homeware Retailers in the UK: Market Research Report

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

Furniture, Lighting & Homeware Retailers Market Research Report | SIC G47.599 | Mar 2017

Home comforts: Growth is expected to slow due to the effects of economic uncertainty

The Furniture, Lighting & Homeware Retailers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Advent International Corporation Advent International Corporation market share
Dunelm Group plc Dunelm Group plc market share
Home Retail Group plc Home Retail Group plc market share
IKEA Group IKEA Group market share
Industry Statistics & Market Size
Revenue
£13bn
Annual Growth 12-17
2.2%
Annual Growth 17-22
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Profit
Purchase to read more
Employment
78,158
Businesses
9,804
Industry Analysis & Industry Trends

The industry has grown modestly over the past five years. Operators endured a difficult period during the economic downturn as low consumer confidence and a poor housing market stifled spending on furnishings. Brighter conditions have since helped retailers to recover, but growth has remained under threat from intensifying external and internal competition. Over the five years through 2016-17, industry revenue is expected to increase at a compound annual rate of 2.2% to £12.6 billion. In the current year, growth is expected to be limited to 0.2%, due to the economic uncertainty caused by the EU referendum.

Soaring demand from the housing market from 2013-14 onwards has supported recent growth... purchase to read more

Industry Report - Industry Investment Chapter

The Furniture, Lighting and Homeware Retailers industry is expected to have a medium level of capital intensity. The capital-to-labour ratio indicates that for every £1.00 spent on capital, £7.21 is spent on labour.

The industry has a strong focus on quality customer service and is therefore reasonably labour and skills intensive. While there are significant costs involved in purchasing, many retail stores are now used solely as furniture showroom galleries for manufacturers or suppliers and do not actually hold stock. Purchase costs therefore relate more to actual confirmed orders bought in store and subsequently delivered to customers. This is particularly relevant for smaller operators. Thi.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Furniture, Lighting & Homeware Retailers Industry?

Operators in the industry sell household, outdoor and office furniture, and other household goods such as light fixtures, utensils, cutlery, crockery, glassware and non-electrical household appliances.

Industry Products
Upholstered furnitureBeds and beddingBedroom furnitureKitchen furnitureFittings and homeware
 
Industry Activities
Retailing household furnitureRetailing lighting fixturesSelling household utensils, cutlery, crockery, glassware, china and pottery Selling wooden, cork and wickerwork goodsSelling non-electrical household appliances


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