Market Trends of United Kingdom Kitchen Furniture Industry
This section covers the major market trends shaping the UK Kitchen Furniture Market according to our research experts:
The Market is Being Driven by Rising Housing Construction
Europe recorded continuous growth in construction with growth in residential, non-residential, and civil engineering projects in the region, with the United Kingdom contributing a remarkable share to it. The rising demand for residential projects in the United Kingdom, combined with a strengthening new home construction market, contributed to another steady year of growth for the home furniture market. Which in turn creates demand for kitchen furniture. In 2020, there were 19.4 million families, an increase of 1.4% from the previous year, with a 7.4% increase over the decade from 2010 to 2020.
kitchen Specialty Stores Account for the Largest Portion of the Total Market Value
Kitchen furniture includes fitted kitchen units as well as other wooden furniture used for preparing food or for food storage. The refurbishment of houses in the United Kingdom is the main growth of the segment.
Kitchen specialty stores, such as independents and retail chains account for the largest proportion of United Kingdom kitchen furniture sales. Such outlets have increased in proportional importance at the expense of DIY outlets as consumers are placing greater emphasis on design and quality. Sales through kitchen specialists account for the largest portion of the total United Kingdom kitchen furniture market value.