Demand for furniture, carpet and lighting is often based on aesthetics, changes in fashion trends and capital expenditure on dwellings. Sales of carpets and vinyl have risen in the past few years, at the expense of laminate and wood floorings. This has had a positive effect on demand for the industry, which does not include these carpet alternatives. Wholesale bypass has been the major factor affecting the industry over the five years through 2015-16. Many furniture companies are vertically integrated, performing both manufacturing and retailing operations. As a result, the wholesaling element of the supply chain is bypassed, leading to lower revenue for the industry.
Operators in this industry wholesale and distribute carpet, furniture and lighting equipment. Sofas, armchairs, dining tables, wardrobes and outdoor furniture are all included in the industry, but office furniture is not. Lighting equipment includes electrical light fixtures, ceiling light fixtures, chandeliers and table lamps.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.