Although British companies are trusted and well-established, manufacturers and retailers in the industry have struggled to cope with these conditions and financial results are mixed. Market consolidation, particularly in the retail division, has been one of the effects of the crisis. This phenomenon has been further amplified by the rise in online sales. Increasingly, consumers are choosing to purchase carpets and floorcoverings online, where they have access to a wider range of goods. This helps them find not only the best value, but also the style to suit them most. This trend has increased variety in the carpets and floorcoverings industry in terms of colour, pattern and material, so consumers can choose the product to suit their individual styles.
Key Note predicts that in spite of tough trading conditions, the carpets and floorcoverings industry will continue to experience year-on-year growth between 2013 and 2017. The rate will be sluggish in 2013 and 2014, but will pick up as the economy recovers in 2015 onwards.Table of Contents Foreword Executive Summary Market Definition REPORT COVERAGE MARKET SECTORS MARKET TRENDS UK Housing Market Homes that Reflect Consumers' Personalities Demand for Good Value and Quality Products UK Manufacturers' Sales ECONOMIC TRENDS MARKET POSITION The UK Overseas Market Size THE TOTAL MARKET BY MARKET SECTOR Carpets Wood/Laminate Vinyl Flooring Tiled Flooring OVERSEAS TRADE General Overview Imports Exports Industry Background RECENT HISTORY NUMBER OF COMPANIES EMPLOYMENT REGIONAL VARIATIONS IN THE MARKETPLACE DISTRIBUTION HOW ROBUST IS THE MARKET? LEGISLATION KEY TRADE ASSOCIATIONS British Textile Machinery Association British Wood Flooring Association The Carpet Foundation Fibre-Bonded Carpet Manufacturers Association The Tile Association Competitor Analysis THE MARKETPLACE MARKET LEADERS Carpet Manufacturers