BRITAIN’S FURNITURE INDUSTRY Britain has one of the most sustainable furniture industry. On average, a Briton spends one-fifth of income on homes.The furniture industry contributes £10.1 billion to Britain’s GDP equating 1.9% of manufacturing output.
Britain Furniture industry
01
242,000
02
136,000
03
3,000
04
10,000
05
53,000
06
7,969
Employees 242,000 people in both retail and wholesale
in specialist furniture and furnishings
in repair
in leasing
registered specialist designers
companies
3 TRADITIONAL SEGMENTS
1
1 DOMESTIC o
2
2 CONTRACT o
Household retail consumers
Public sectors including Hotels Schools Hospitals
3
Restaurants Airports
3 OFFICE o
Desks
o
Work stations
o
Cabinets
30% Office and contract are attributed to 30% of UK’s furniture manufacturing turnover.
TURNOVERS
TURNOVERS
£5 Million or More Turnover
Less than £1 million
83% Companies
£ Less than £250,000
58% Companies
EMPLOYMENT
78%
COMPANIES
9O LO
REM
%
IPS
UM
Less than 10 people
More than 250 People
40 companies only
40 companies only
THE UK FURNITURE MARKET
01 02
£12.2 billion in 2014
Total Imports £4.8 billion
03
Total Exports £930 million
TOP IMPORT SOURCES
10%
TOP IMPORT SOURCES
10% 11%
33%
CHINA ITALY POLAND
TOP EXPORT SOURCES 19%
10%
10%
REPUBLIC OF IRELAND GERMANY FRANCE USA
CHINA ITALY POLAND
TOP EXPORT SOURCES 19%
REPUBLIC OF IRELAND GERMANY FRANCE USA
10%
10% 9%
Source: britishfurnitureconfederation.org.uk
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