United Kingdom Furniture Market Forecast 2027: Projected Growth and Opportunities | TechSci Research

The sudden outbreak of COVID-19 propels the demand for work from home furniture which is projected to stimulate the growth of the furniture market in the forecast period, 2023-2027. 


According to TechSci Research report, “United Kingdom furniture market - By Region, Competition Forecast & Opportunities, 2027”, the United Kingdom furniture market is expected to witness growth at a significant rate in 2023-2027. Furniture represents the movable and ergonomic objects, including chairs, tables, beds, cupboards, desks, sofas, and cabinets, which is utilized in residential and commercial places for seating arrangements, storage purposes, and enhancing the aesthetic value of space. It is manufactured utilizing durable raw materials, such as wood, plastics, glass, iron, and marble. At present times, manufacturers are widely offering multi-functional variants in varied colours, sizes, styles, and designs with improved aesthetics, comfort, functionality, and storage capacities for offices, homes, and indoor, and outdoor areas. The expanding population, elevating levels of urbanization, and increasing construction of residential and commercial buildings are some of the primary factors positively influencing the market growth. The growing travel and tourism sector, along with the inflating income levels, changing lifestyles, and enhancing living standards, is further increasing the usage of lightweight, versatile, and portable furniture with maximum storage facilities across United Kingdom. This further support the market growth. In addition to this, the rising number of nuclear families is propelling the sales of foldable and compact furniture that can be easily arranged in smaller spaces which further augments the market growth. The increasing number of people suffering from postural dysfunction is escalating the demand for ergonomically designed furniture to prevent health and posture problems among children and adults. The easy availability of innovative products through online shopping platforms is further propelling market growth. Also, various leading manufacturers are coming up with new designs and collaborating with interior designers to expand their market reach and capture a wider customer base. Moreover, the introduction of sustainable furniture made from recycled items, including salvaged wood, textiles, and wood pallets, which is anticipated to fuel the market growth.

However, risk factor associated with the usage of chemicals in the process of treatment of seed is expected to impede the growth of the furniture market in the forthcoming years.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "United Kingdom Furniture Market"
https://www.techsciresearch.com/report/united-kingdom-furniture-market/10708.html

The United Kingdom Furniture market is segmented into product type, point of sale, raw material, regional distribution, and competitive landscape.

Based on point of sale, the market is bifurcated into offline and online. Offline segment is expected to hold the significant share in the market in the coming years, 2023-2027. This is owing to the availability of customized furniture items via offline and the quality checking propels the segmental growth.

Various key market players operating in the United Kingdom furniture market are:

  • Chill Sofas LTD
  • Dunelm Ltd.
  • IKEA Limited
  • Habitat Retail Limited
  • WAYFAIR
  • Barker and Stonehouse Ltd
  • DFS Trading Limited
  • Furniture World

DOWNLOAD FREE SAMPLE REPORT@ https://www.techsciresearch.com/sample-report.aspx?cid=10708
Customers can also request for 10% free customization on this report.

“The expanding real estate sector and the escalating demand for luxury furniture across both the residential and commercial sectors is further propelling the market growth. In addition to this, the growing penetration of online retailing and the increasing population, especially in the developing nations such as United Kingdom fostering the growth of the furniture market. The inflating disposable income levels and the elevating awareness among consumers towards purchasing luxury items which act as a status symbol and add value to a space, stimulating the furniture market. With this, the shifting preferences towards branding and positioning, propelling the demand for eco-friendly luxury furniture, and increasing impact of globalisation, supporting the market growth. Additionally, the low operational cost and the expanding infrastructure investments are expected to drive the market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm”.

“United Kingdom Furniture Market By Product Type (Home Furniture, Office Furniture & Institutional Furniture), By Point of Sale (Offline Vs. Online), By Raw Material (Wood, Metal, Plastic and Others (Bamboo, Cane, etc.), By Region, Competition Forecast & Opportunities, 2027 has analyzed the future growth potential of United Kingdom furniture market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and assist decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with significant drivers, challenges, and opportunities in United Kingdom furniture market.

Related Reports:

United Kingdom Water Purifier Market
United Kingdom Electrical Kitchen Appliance Market
United Kingdom Non-Alcoholic Beverages Market
United Kingdom Toilet Care Market

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com

Comments

Post a Comment

Popular posts from this blog

India Exfoliators & Scrub Market 2016-2026: Regional Analysis and Forecast | TechSci Research

Image
India exfoliators & scrub market is projected to witness significant growth by 2026, owing to the growing awareness towards getting proper & healthy skin among both men and women population of the country. Concerns like skin pigmentation, acne marks, discoloration and age spots are further supporting the demand for exfoliators and scrubs.  Moreover, the rising per capita income of the country is enabling consumers to spend on products like exfoliators and scrubs. The entry of leading international brands and launch of new products is expected to drive the India exfoliators and scrub market during the forecast period. Exfoliators and scrubs help in removing the dead skin cell present on the skin’s outermost surface. They consist of fine diatoms which protect the skin’s surface. The market is also witnessing high demand for herbal exfoliators and scrubs as consumers are now getting more aware about the harmful effects of chemical-based products on their skin. Further, rising dema
Read more

Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services Market: Opportunities, Size and Growth Projections in Upcoming Years

Image
  Increasing HVAC installations, growing infrastructure and increasing tourism sector are propelling the growth of Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services market. According to TechSci Research report,  “Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services Market - Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2018- 2028F, ”  the Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services market is expected to grow during the forecast period owing to the factors such as rising infrastructural activities, various events organized by government, and rising demand from the commercial sector. As well as promoting sustainable and energy-efficient systems, initiatives and activities are required to influence people's attitudes toward minimizing food loss and waste (FLW) through the use of HVAC systems. The Saudi Arabian refrigeration sector is expanding rapidly as there is an increasing need to prevent food waste. The need for HVAC
Read more

India Electric Rice Cooker Market 2018-2028: Emerging Opportunities | TechSci Research

Image
Increase in working professionals and the creation of new products will fuel the electric rice cooker market through the forecast period. According to TechSci Research report, “ India Electric Rice Cooker Market   – By Region Competition Forecast and Opportunities , 2018-2028F”  India's electric rice cooker market is forecasted to grow at an impressive CAGR during the forecast period because of reduced household spending and transition to electrical appliances. Growing acceptance of corporate work cultures, rising living standards, and an increase in the number of nuclear families all contribute to the market's expansion. I In addition to that, due to the availability of multifunction cooking appliances with smart functions, which is fueling the demand for electric rice cookers, the market for these appliances is anticipated to grow steadily during the anticipated period. The Go Electric campaign was started by the Indian government in February 2021 to raise public knowledge of
Read more