Furniture Industry Statistics 2017 Uk

Imports of furniture into the uk in 2016 increased to 5 8b compared with the previous year s figure of 5 4b.

Furniture industry statistics 2017 uk.

Consumption by segment imports distribution channels leading retailers. Banks consultants sales marketing teams accountants and students all find value in ibisworld. In 2013 the uk furniture manufacturing industry accounted to 1 35 of the uk s overall manufacturing turnover whilst in 2016 it was an estimated 1 60. According to the us census bureau there are approximately over 87 000 establishments bringing in annual revenue of 120 million a year and employing more than 500 000 employees.

The latest digest reveals continued growth in demand for furniture and furnishings with consumer expenditure in this group being almost 17 5 billion in 2017 exceeding all other spend in the household goods sector. Indications for 2017 are that furniture imports could reach 6 5b which would equate to about 1 of all uk imports. Latest employment figures reinforce the importance of the industry to the uk economy with furniture manufacturing s 88 000 employees representing almost 3 5 the country s manufacturing workforce. Latest verified government figures from 2018 put total consumer expenditure on furniture and furnishings at almost 17 billion a rise of 10 5 from 2017 supporting 339 000 jobs across 52 500 vat registered companies in the wider furniture and furnishings sector including specialist retail but excluding general retail.

The furniture industry research association has published its annual statistics digest for the uk furniture industry which acts as a barometer for the furniture sector. Moreover the uk s furniture manufacturing workforce accounts for 3 5 of the overall manufacturing workforce an estimated 88 000 thousand employees. Furniture retailing in the united kingdom jan 2020 50 pages this report offers a detailed analysis of the home furniture retail in the united kingdom. Get up to speed on any industry with comprehensive intelligence that is easy to read.

The furniture industry is broken down into retail stores office furniture merchants warehouse showrooms and specialty furniture. Uk furniture bed and furnishings manufacturing is a substantial growth industry for the uk.