Worldwide Business Information and Market Reports
www.the-list.co.uk and www.worldmarketresearch.com
Telephone +44 1404 891528 Fax +44 1404 891717 Email reportfinder @ tiscali.co.uk
| MP36012 |
| MAPS HOUSEHOLD FURNITURE 2002 |
| Overview |
WANT TO BUY THIS? The easiest way is just to ring ReportFinder on +44 (0) 1404 891528 from 0900 to 1930 UK time and ask for Sales.Just one of a HUGE range of titles from publishers such as Aktrin, AMA Research, eMarketer, Key Note, MAPS, MBD, MSI and The Prospect Shop that you can BUY RIGHT NOW online from us. To buy or to browse further, use either of the Back To buttons below to activate our catalogue. If you would like to buy this title, you will find it in alphabetic order in the Index using the first Back To button. If you need further information, please contact us using the details at the top of this page. Please tell your colleagues if you find our site useful!
| Alternatively- try our ad-hoc market report service - define your own report research! |
| Fixed prices - £150, £450 and £1,250 - and fixed delivery of 4, 5 and 14 days |
| Click here for full details |
Table of Contents Executive Summary
Back to Sector Directories Index - Furniture, Fittings and Interior Design
and Shopping Cart
Back to Wood Products Index and Shopping
Cart
Back
To REPORTFINDER home page and Search
Engine
Not yet available from the publisher - due soon
Back to Top
The UK market for household furniture was valued at £7.56bn in 2001, having seen growth of 3 percent to 4 percent per year since 1997.
The sectors that make up this market include living room furniture, bedroom furniture, kitchen furniture, dining room furniture and `other furniture' (for home office, halls and bathrooms, etc.). The market value does not account for antique and other second-hand furniture. The living room sector is performing well, as the increase of home-entertainment technology is demanding new storage solutions. The home-office subsector is also seeing growth, spurred by changing working styles and the rise in home computer ownership.
The purchase of furniture competes with other discretionary spending on goods, and can be easily deferred as it is generally not an essential purchase. As a result, the performance of the household furniture market is dependent on the general economy as a whole, and the level of house building and moving activity in particular.
Moving often triggers the purchase of furniture, even from consumers who are not first-time buyers. The growth of the furniture market relies on reducing replacement cycles, stimulating consumers to buy new furniture before their existing furniture is worn out. Media coverage, especially via television programmes, has developed the market to some extent by raising interest in home interior design and, therefore, prompting consumers to buy new furniture purely for design reasons. This has also increased demand for a wider variety of products.
The trend towards smaller room sizes within new homes has also impacted the market by changing furniture needs in a household. Demand has risen for multifunctional and space-efficient furniture - for example, the market is experiencing a decline in demand for the traditional three-piece suite and large dining tables.
The household furniture market is highly competitive, with discounting playing a large part. The January sales are still important for the industry but sales and offers are found year-round, and consumers are aware of this and `shop around' before purchasing.
Key Note does not anticipate rapid growth for the market in the foreseeable future. However, home-office, multifunctional, space-saving and flat-pack furniture are all likely to achieve a higher growth rate than other products.
Text © 2002 MAPS
Back to TopBack
To REPORTFINDER HOME PAGEAriadne - working together with our customers to enhance productivity and increase knowledge
© 2002 www.the-list.co.uk Ariadne
Last updated by Amanda Porteous 2002