A Closer Look at Britain’s Furniture Industry

Page 1

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

Manchester Furniture Supplies | www.manchesterfurnituresupplies.co.uk

mfs contemporary furniture


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.