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UK Furniture & Flooring Sector Report | Trends & Data

April 2021

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 : April 2021

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Report Summary

Period covered: 29 November – 02 January 2021

Note: Reporting periods are either one month or two months behind the current month as standard.

Lockdown hampers growth

  • Furniture & Flooring sales plummeted in January, falling by 29.8% year-on-year..
  • Sales growth was hampered by the announcement of the third national lockdown on 4th January to begin the following day, leading to the closure of non-essential retailers.
  • Indeed, during periods of lockdown, parts of the sector that are more reliant on physical touchpoints throughout the customer journey have been particularly hard-hit.

Market composition

  • Retail sales fell by 1.7% in January, year-on-year, according to the Retail Economics Retail Sales Index (value, non-seasonally adjusted, exc. Fuel).
  • There was a significant shift towards online as consumers reverted seamlessly to lockdown shopping behaviour.

Housing market muted

  • Data on housing market activity weakened compared to its stellar performance in recent months, with indicators for enquiries, agreed sales and new instructions all deteriorating in January, according to RICS.
  • Welcome news for the sector could arrive in next weeks Budget with speculation that the government may extend the stamp duty holiday, affording home buyers more time to complete deals.

Furniture sales decline as non-essential retail closes again

Source: Retail Economics

Latest monthly UK Furniture & Flooring Sector Report

Report: January 2021 Retail sales edged up by 0.8% in December, year-on-year, according to Retail Economics. Total online retail sales rose by 45.8% year-on-year in December, value and non-seasonally adjusted, ONS. Shop price inflation dipped by 0.6%... read more
Report: December 2020 Retail sales jumped 2.3% in November, year-on-year, according to Retail Economics. Total online retail sales rocketed 79.6% year-on-year in November, value and non-seasonally adjusted, ONS. Shop price inflation dipped by 1.2% in N... read more
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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

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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.

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