Homewares market value in the United Kingdom (UK) 2010-2019

The homeware market in the UK has expanded substantially in the last decade, going from 10.8 billion to 13.5 billion British pounds by 2019. The view towards the market’s future looks promising with additional room for half a billion British pounds for more growth by 2021, as the present statistic lays out.

At home with the market

Retail sales trend of furniture and furnishings in the UK confirms this. As of 2017, turnover generated by businesses in this sector rose to a significant level. This is driven by increasing consumer spending as expenditure on homeware goods such as furniture went higher in value based on the volumes purchased by UK households in 2017.

Homegrown homewares for the UK

Consumers‘ choice of homeware stores in the UK is a mix of home-grown and global companies. Between 2010 and 2015, the British homeware and furniture retailer Dunelm had the largest share in the market. Dunelm was followed by another domestic brand: John Lewis. IKEA featured with a 4.7 share following behind, but with oscillating numbers.

Value of the homeware market in the United Kingdom (UK) from 2010 to 2019 with a forecast up to 2021

Market value in billion GBP
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Sources

Release date

October 2019

Region

United Kingdom

Survey time period

2010 to 2019

Supplementary notes

* Estimates ** Forecast.
Data for years prior to 2017 was taken from previous annual reports by the source.

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Statistics on "Furniture in the United Kingdom (UK)"

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