The United Kingdom Kitchen Furniture market is expected to grow annually at a CAGR of 1.26% during the forecast period (2021 – 2026).
Fitted kitchen units, as well as other wooden furniture for food preparation and storage, are included in kitchen furniture. Kitchen furniture, such as kitchen benches, cabinets, and worktops, is manufactured by operators in this industry. The flat-pack or customised furniture is the most common configuration for this type of furniture. The primary market drivers are rising urbanisation and domestic kitchen renovations in the United Kingdom. With steady growth in the United Kingdom hotel industry, which supports expansion in travel and tourism, kitchen equipment and fixtures are gaining relevance in investments. In addition, a high proportion of the population living in cities has been the primary customers of kitchen equipment and accessories in the United Kingdom. In the near future, this is anticipated to create a major growth opportunity and potential for the United Kingdom Kitchen Furniture market.
The emergence of COVID-19 in the United Kingdom acted as a major drag on the kitchen furniture market in 2020, as supply chains were disrupted by trade restrictions and demand fell due to worldwide lockdowns. National governments' efforts to stop the spread led to the suspension of manufacturing and a drop in economic activity, with countries entering a state of lockdown. Businesses in the United Kingdom are projected to be negatively impacted by the outburst until 2021.
Key Market Trends
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.
Competitive Landscape
Few big firms currently dominate the market in terms of market share. Mid-size and smaller businesses, on the other hand, are expanding their market presence by gaining new contracts and entering new markets owning to technical improvements and product developments. Some of the key players in the United Kingdom Kitchen Furniture market are Wren Kitchens Ltd, Howden Joinery Group plc, Nobia Holdings UK Ltd, The Symphony Group plc, Omega plc, Dennis & Robinson Ltd, Alno Group, Avanti Kitchens, Crown Imperial, Ikea, and Other prominent players.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Wren Kitchens Ltd
- Howden Joinery Group
- Nobia Holdings UK Ltd
- The Symphony Group
- Omega
- Dennis & Robinson Ltd
- Alno Group
- Avanti Kitchens
- Crown Imperial
- Ikea
Methodology
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