;
COVID-19 SERVICE: We are heightening our efforts to assist the UK retail & leisure industry through this challenging period. Explore this service now… COVID-19 SERVICE

UK Furniture & Flooring Sector Report | Trends & Data

January 2022

What's included in this report?

  • Market Share - top 10 Furniture and Flooring retailers
  • Market Size estimates (£m)
  • Furniture and Flooring Sales Growth by category
  • Total Spending by category (£m)
  • Online Furniture and Flooring Sales (y-o-y)
  • Forecasts for 2021 - 2025
  • Footfall by channel and region
  • Regional Weather data and more…

UK Furniture & Flooring Sector Report : January 2022

Access report with a free trial subscription

No payment required. Free for 30 days. Cancel anytime

Report Summary

Period covered: 31 October – 27 November 2021

Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or take out a free 30 day membership trial now.

Furniture & Flooring Sales

Furniture & Flooring sales rose by 0.00% YoY in November, according to the Retail Economics Retail Sales Index. Sales were still up 0.00% on November 2019’s pre-pandemic levels.

Weak comparisons with last year’s performance largely accounts for sector growth this month. The UK economy was under a month-long lockdown with non-essential shops closed during November 2020.

Although the furniture and flooring sector is usually quieter at this time of year, the much-awaited Black Friday discount event had very little impact on the performance of furniture sales. Less than 100 searches per day across the entire UK were made for the term “black friday furniture deals” (Google Trends).

Challenging macro environment

Heading towards 2022, consumers expect to see a tougher macro environment across the economy. Measures for personal finances and the general economic situation both contracted by one point in December (GfK Consumer Confidence).

The Consumer Prices Index (CPI) rose by 0.00% in the 12 months to November 2021, the highest level since 2011 and now outstripping wage growth. Inflation was above the…

Retail Economics’ latest consumer panel research showed that 0.00% of consumers are either ‘concerned’ or ‘very concerned’ about the rising cost of living. As a result, we expect consumers to cut spending on non-essential, high-ticket items over…

In addition, for the full month (Oct 31st-Nov 27th), footfall levels fell by 0.00%, compared with the same period in 2019. However, this is 0.00% higher than in November 2020.

High street footfall was down 0.00% versus the same period in 2019, with footfall in shopping centres down 0.00%. Retail parks footfall remained steady, only dipping 0.00%.

Lastly, the Bank of England raised interest rates for the first time in three years to 0.25%.

Supply Chain disruptions persist

Supply Chain bottlenecks and longer lead times heading towards Christmas continue to adversely affect the industry, notably sectors that rely heavily on international trade to obtain either…

Following recent buoyant housing market activity, many consumers were advised that deliveries on items such as sofas, dining tables and beds could take months before being delivered. Many orders made in November are not expected to be fulfilled until 2022.

Resilience brightens sector outlook

Prospects for Furniture & Flooring still remain bright, especially if the spread of the Omicron variant is contained and doesn’t lead to prolonged lockdowns or restrictions.

If physical shops are not closed for a long period, shoppers will still be able to visit stores to make high ticket purchases as the touch-and-feel factor remains an important criteria in...

Unemployment fell further to 0.00% in the three months to September, suggesting consumers have more disposable income to spend over the coming months.

Take out a FREE 30 day membership trial to read the full report.

 

Delivery costs remains high due to shortage of drivers

Source: Transport Exchange, Retail Economics

Latest monthly UK Furniture & Flooring Sector Report

Report: November 2021 1 minute read Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to ac... read more
Report: October 2021 Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or... read more
Report: September 2021 Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or... read more
View Archive

Need more insight on UK retail?

Try a FREE 30 day trial subscription

How it works
  • Free for 30 days, no payment details, cancel anytime
  • Create account and log into your retail insight dashboard
  • Download free retail economic and sector reports
  • Download thought leadership reports and presentations
  • Access time series data and much more…
Get insight with a FREE trial subscription

Trusted by

    Sainsburys Argos O2 Barclays Warner Bros Akznobel Sky British Land

Report Contents

UK Furniture & Flooring Sector Report Report
  • Executive Summary
  • Sector analysis
  • Furniture and Flooring - Retail Economics Index
  • Macro Factors
  • Mortgages and Savings
  • Credit and Borrowing
  • Household Spending
  • Consumers
  • Footfall
  • Labour market
  • Earnings
  • Costs, Prices and Margins
  • Weather Watch
  • Average Temperature
  • Average sunshine hours
  • Average Rainfall

3 reasons to use us


We live & breathe retail 

Get a deep understanding of UK furniture & flooring sales and the motivations that drive consumer behaviour from our trusted experts


Our reports are written with you in mind

Our monthly reports are concise, punchy with powerful exec summaries that will accelerate your data intake. We give you all the need-to-know trends 


We're trusted and independent

We have a proven track record of achievements and deliverables that come from being truly independent. We 'tell it how it is' so you get the real picture

About our reports and subscriptions

Retail Economics publishes monthly Retail Sector Reports for the UK Furniture and Flooring sector giving you actionable insights for your business.

It provides in-depth analysis of the latest macroeconomic and consumer trends affecting the Furniture and Flooring sector including market size estimates for: Living Room Furniture, Bedroom Furniture, Flooring, Bathroom and more.

Other popular retail reports

Top