Price Competitiveness in Furniture Industry in the UK lead Demand for Bedroom Furniture: Ken Research - PowerPoint PPT Presentation

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Price Competitiveness in Furniture Industry in the UK lead Demand for Bedroom Furniture: Ken Research

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The bedroom furniture market grew by 2.3% in 2015, representing a robust furniture category within the overall Homewares market. – PowerPoint PPT presentation

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Title: Price Competitiveness in Furniture Industry in the UK lead Demand for Bedroom Furniture: Ken Research


1
Price Competitiveness in Furniture Industry in
the UK lead Demand for Bedroom Furniture Ken
Research
2
  • The bedroom furniture market has showcased 2.3
    growth in 2015 in the UK.
  • Replacement of old furniture is most on demand.
  • Ken Research has announced latest publication on,
    "Bedroom Furniture" which highlight market
    analysis for past, present and future outlook of
    the market. It discusses market size in value and
    volume in the UK bedroom furniture market.

3
Report also highlights major retailers profile
and consumer data. Report is useful for the
manufacturers, retailers and policy makers to
understand market potential and growth
opportunities. Consumer behaviour analysis helps
to understand target group and spending
habits. In the UK people generally look for
replacement of old furniture to maximize the
benefit of buying a new furniture. According to
study almost 62 buyer prefer to replace old or
unwanted furniture. Additionally, this is highly
price sensitive market which benefits consumers
and encourage them to look for new furniture.
Many new retailers have entered in the UK bedroom
furniture sector in recent years. Mattresses lead
the category in terms of advancement of the
product. However dressing tables are going off
the shelf with falling demand year on year due to
lack of space and advancement in interior designs.
4
With rising awareness people interest is turning
towards health benefits even while making
purchase decision for bedroom furniture. Majorly
mattresses are on demand which is recommended for
back pain and accurate body posture. Technical
advancement has been witnessed in the bedroom
furniture market with the introduction of smart
apps to monitor your sleep cycle. Smart pillows
have been launched to track movements in the
night while sleeping, to help you to identify
your snoring, in built speakers to give
relaxation while sleeping and introduced nap pods.
5
  • Key players covered in the report
  • Argos
  • Bensons
  • Dreams
  • Homebase
  • IKEA
  • John Lewis
  • Marks and Spencer
  • Next
  • Tesco
  • To know more on coverage, click on the link
    below
  • https//www.kenresearch.com/consumer-products-and-
    retail/home-and-office-furnishings/bedroom-furnitu
    re/54121-95.html

6
Related Reports https//www.kenresearch.com/con
sumer-products-and-retail/home-and-office-furnishi
ngs/dining-furniture/48926-95.html Contact Ken
Research Ankur Gupta, Head Marketing
Communications query_at_kenresearch.com 91-124-42302
04
7
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