Furniture retailers are expected to experience a challenging market over the five years through 2012-13, with sales falling by an annualised 0.5%. Trading conditions across the furniture market have been affected by volatility in the house construction market, along with fluctuations in disposable income, consumer sentiment and interest rates. The overall performance of furniture retailers during this period was also affected by continued competition between industry players and also from external operators, namely department stores.
Retailers in this industry sell furniture across a number of household categories including; bedroom, dining, lounge and kitchen. The sale of mattresses, blinds, awnings and antique reproduced furniture is also regarded as part of this industry. Industry retailers generally operate from large stores which enable them to showcase their product range. Both company owned and franchised stores are included as part of this industry.
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.