Monday, August 16, 2010

Dining Room Furniture 2010

Dining Room Furniture 2010

Kitchens will become the strongest growing sub-sector in furniture in 2012 and 2013, growing by 2.9% and 3.4% Its share increased by 0.9 percentage points to 7.8% in 2009 and was aided by the opening of a new store in Southampton. With its contemporary products and low prices, IKEA's offer will be highly attractive to those looking to buy new furniture. In furniture, IKEA has extended its lead over DFS for the largest market share in furniture in 2009.

The housing market, a catalyst for the furniture and floorcoverings sector, also stagnated as housing prices fell. The economic downturn was the main factor behind this, with customers shying away from big ticket items to pay down debts. Scope *A full breakdown of the market in terms of channels and sectors for both furniture and floorcoverings, now including a separate bathrooms market *An outlook which focuses on the challenges and issues that retailers will face and the key battlegrounds that they need to focus on *Detailed profiles on 16 major retailers in the market, with 6 more concise profiles, with furniture and floorcoverings market shares for 20052010e Highlights Furniture and floorcoverings was the weakest performing retail sector in 2009, with sales declining by 10.5%. This report provides a comprehensive overview of the market and its major players.

However, while competitor failures supported the survivors in 2009, a stagnant housing market and less spare capacity are making 2010 just as challenging. The UK furniture and floorcoverings market was heavily by hit the recession, forcing some high profile retailers out of the market.

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