DOMESTIC BEDROOM FURNITURE MARKET - UK 2008-2012

Abstract

INTRODUCTION and OVERVIEW

The report ‘Domestic Bedroom Furniture Market - UK 2008-2012' includes up to date information on recent trends and issues that continue to impact on the market.

The sector is mature and increasingly difficult trading conditions have forced many players to restructure their business, in some cases leading to a loss of market share. While market conditions have been difficult and prospects for 2008/09 are less optimistic, medium term forecasts are more optimistic with good opportunities in niche sectors.

The report contains:

• A DETAILED ASSESSMENT OF THE MARKET - analysis of major developments and current and future trends.
• REVIEW OF KEY MATERIAL AND SECTOR TRENDS.
• REVIEW OF THE SUPPLY AND DISTRIBUTION STRUCTURE
• FORECASTS MARKET DEVELOPMENTS UP TO 2012.

Areas of particular interest include:

• Market performance of overall domestic furniture and bedroom furniture sectors, including growth factors, trends and future prospects.
• Development of niche sectors such as children' s bedroom furniture and an increase in demand for multifunctional bedroom furniture during 2007.
• Rising imports, particularly from Far East, which are putting pressure on UK manufacturers.
• High interest rates, a global credit crisis and uncertainty in the housing market which saw demand stagnate during 2007.
• Market consolidation across the domestic furniture sector.
• Growing need for multi-purpose furniture and well-designed storage as dwellings become smaller.

Key areas of coverage in the report include:

THE MARKET

• UK domestic bedroom furniture market, market definition, size and current situation 2000-07, i.e. recent market performance, factors boosting demand and restricting growth.
• Growth in imports and change in level of exports 2000 to 2007, supply mix and countries of origin (imports).
• Key market influences, including levels of construction, housing market, economic trends, impact of global credit crisis, short-term prospects etc.
• Impact of environmental regulations.
• Future prospects - market size and forecast trends up to 2012.
• Overall UK furniture market size, key drivers and recent trends.
• Trends in terms of fitted and freestanding furniture, home office, recreational and multi-purpose furniture.

PRODUCT MIX

• Bedroom furniture by type, i.e. fitted or freestanding, product mix and recent trends.
• Key growth drivers
• Product mix, flat pack and rigid - market share, trends, driving factors etc.
• Style and design trends, growth in niche sectors, mix between contemporary and traditional styles.
• Growth sectors, i.e. storage, children' s and teenagers bedroom furniture - shares, recent trends, future prospects, market drivers etc.
• Materials and finishes, share by materials and trends.

DISTRIBUTION/SUPPLIERS

• Changes in market structure - consolidation in supply structure, growth of imports etc.
• Major furniture manufacturers and suppliers by turnover size and market share - recent changes, market positioning etc.
• Major distribution channels, and share by type of outlet - Furniture Multiples, Independents, Mail Order/Catalogue, Specialists, Dept. Stores/Variety Stores/DIY etc.
• New entrants - growth of Internet, impact of Tesco etc. on sector.
• Key companies, by type of outlet - major players.

FUTURE PROSPECTS

• Key growth areas - prospects for 2008 and up to 2012.
• Important developments in the major product and market sectors.
• Review of key economic factors impacting the market.