This report provides a collection of statistical data and forecasts on the UK Market for Motion Upholstery. It contains information on the value of manufacturers' deliveries for all sector.
July 9, 2007 (Press Release) --
Bharat Book Bureau, a leading market information aggregator has put forth a report 'UK Market for Motion Upholstery 2007'(http://www.bharatbook.com/detail.asp?id=40492)
This report provides a collection of statistical data and forecasts on the UK Market for Motion Upholstery. It contains information on the value of manufacturers' deliveries for all sectors of this market. The report also covers distribution channels, and profiles major manufacturers.
The year of 2005 proved to be an extremely poor year for the UK furniture industry, with sales declining by around 4% and several major companies going into liquidation. Total sales of domestic furniture reached an estimated £4870m in 2005. Total industry sales increased by 1.6% in 2006 to reach £4950m.
It is estimated that sales of motion upholstery reached £235m in 2006, compared to £224m in 2005; the share of the total upholstered furniture market held by such products increased from 14.1% to 14.5% during that period.
The year of 2005 proved to be an extremely poor year for the UK furniture industry, with sales declining by around 4% and several major companies going into liquidation. Total sales of domestic furniture reached an estimated £4870m in 2005. Total industry sales increased by 1.6% in 2006 to reach £4950m. Producer prices increased by around 1-2% during the year.
Few furniture manufacturers improved sales in 2005 or 2006 and margins were again under pressure, although the major retailers such as Ikea, DFS, Argos and John Lewis bettered their positions in the market. To some extent they had been helped by the previous demise of competitors such as Uno, World of Leather, Kingsway, Landmark and more recently Courts, Allders, Furnitureland and so on.
Sales of upholstery reached £1620m in 2006, compared to £1570m in 2005, accounting for 33% of the total market in 2006; this is much higher than the 28% market share that this product group held in 1990.
In value terms sales of suites, settees, fireside, easy and reclining chairs reached £1470m in 2006, accounting for just over 90% of the total upholstery market, whereas sales of convertibles reached £85m in that year, accounting for 5% of the market.
Sales of suites reached £1150m in 2006, accounting for 74% of the total market, with suites incorporating a 3-seater settee being the most popular combination, accounting for 33% of the total market.
It is estimated that sales of motion upholstery reached £235m in 2006, compared to £224m in 2005; the share of the total upholstered furniture market held by such products increased from 14.1% to 14.5% during that period.
Multiple furnishing outlets, including upholstery specialists, remain the major outlets for motion upholstery with 38% of total sales, compared with independent furnishing outlets with 15%.
This report provides a collection of statistical data and forecasts on the UK Market for Motion Upholstery. It contains information on the value of manufacturers' deliveries for all sectors of this market. The report also covers distribution channels, and profiles major manufacturers.
The year of 2005 proved to be an extremely poor year for the UK furniture industry, with sales declining by around 4% and several major companies going into liquidation. Total sales of domestic furniture reached an estimated £4870m in 2005. Total industry sales increased by 1.6% in 2006 to reach £4950m.
It is estimated that sales of motion upholstery reached £235m in 2006, compared to £224m in 2005; the share of the total upholstered furniture market held by such products increased from 14.1% to 14.5% during that period.
The year of 2005 proved to be an extremely poor year for the UK furniture industry, with sales declining by around 4% and several major companies going into liquidation. Total sales of domestic furniture reached an estimated £4870m in 2005. Total industry sales increased by 1.6% in 2006 to reach £4950m. Producer prices increased by around 1-2% during the year.
Few furniture manufacturers improved sales in 2005 or 2006 and margins were again under pressure, although the major retailers such as Ikea, DFS, Argos and John Lewis bettered their positions in the market. To some extent they had been helped by the previous demise of competitors such as Uno, World of Leather, Kingsway, Landmark and more recently Courts, Allders, Furnitureland and so on.
Sales of upholstery reached £1620m in 2006, compared to £1570m in 2005, accounting for 33% of the total market in 2006; this is much higher than the 28% market share that this product group held in 1990.
In value terms sales of suites, settees, fireside, easy and reclining chairs reached £1470m in 2006, accounting for just over 90% of the total upholstery market, whereas sales of convertibles reached £85m in that year, accounting for 5% of the market.
Sales of suites reached £1150m in 2006, accounting for 74% of the total market, with suites incorporating a 3-seater settee being the most popular combination, accounting for 33% of the total market.
It is estimated that sales of motion upholstery reached £235m in 2006, compared to £224m in 2005; the share of the total upholstered furniture market held by such products increased from 14.1% to 14.5% during that period.
Multiple furnishing outlets, including upholstery specialists, remain the major outlets for motion upholstery with 38% of total sales, compared with independent furnishing outlets with 15%.
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