Carpet, Rug & Curtain Retailers in the UK Industry Market Research Report now updated by IBISWorld

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The Carpet, Rug & Curtain Retailers industry has suffered significantly in the past five years due to a major decline in housing construction and renovation levels since 2009. Housing construction levels for new dwellings have a major influence on demand for the industry's products in the new carpet, rug and curtain segment, while a decline in housing renovation levels reduces demand in the upgrade segment. Increased external competition from major hardware superstore chains has also contributed to industry declines and the closure of many carpet retailers. A trend towards greater external competition is expected to continue in the next five years. In 2012-13, industry revenue is forecast to fall by 1.5% to £1.93 billion. In the five years through 2012-13, industry revenue is estimated to decrease by an annualised 7.5%. However, this annualised decline is dominated by the major fall in 2009-10, and an 8.3% decline in 2010-11, which offset an increase in 2008-09. Despite declines in the past five years, revenue is forecast to grow marginally in the five years through 2017-18. Stronger economic growth in the United Kingdom and higher demand for carpet as building construction volumes increase are expected to drive this growth. For these reasons, industry research firm IBISWorld has updated its report on the Carpet, Rug & Curtain Retailers industry.

IBISWorld Market Research

IBISWorld Market Research

The industry suffered significantly from a major decline in housing construction

The Carpet, Rug & Curtain Retailers industry has suffered significantly in the past five years due to a major decline in housing construction and renovation levels since 2009. This had a major negative influence on industry demand in 2009-10, with industry revenue slumping by 27.2% to £2.18 billion. Construction levels have fallen in subsequent years, contributing to further industry declines from 2010-11 through 2012-13. According to IBISWorld industry analyst Alen Allday, “housing construction levels for new dwellings have a major influence on demand for the industry's products in the new carpet, rug and curtain segment, while a decline in housing renovation levels reduces demand in the upgrade segment”. Increased external competition from major hardware superstore chains, such as B&Q and Homebase, has also contributed to industry declines and the closure of many carpet retailers. In addition to hardware products, these stores offer a wide range of carpets, rugs, curtains, wood floor, vinyls and laminates that are also sold in the industry's specialised retail stores. A trend towards greater external competition is expected to continue in the next five years.
In 2012-13, industry revenue is forecast to fall by 1.5% to £1.93 billion. In the five years through 2012-13, industry revenue is estimated to decrease by an annualised 7.5%. However, this annualised decline is dominated by the major fall in 2009-10, and an 8.3% decline in 2010-11, which offset an increase in 2008-09. Despite declines in the past five years, revenue is forecast to grow marginally in the five years through 2017-18. Allday adds, “stronger economic growth in the United Kingdom and higher demand for carpet as building construction volumes increase are expected to drive this growth”.
The Carpet, Rug & Curtain Retailers industry has a low market share concentration level, with the four largest firms estimated to account for 25.3% of industry revenue in 2012-13. The majority of retailers in the industry are small operators with a single store that services a small geographic region. There are also a small number of companies that operate multiple outlets, which tend to service relatively small geographic areas. Major companies include Carpetright and United Carpets.
For more information on the Carpet, Rug & Curtain Retailers industry, including latest industry trends, statistics, analysis and market share information, purchase the full report from IBISWorld, the nation’s largest publisher of industry research.

IBISWorld industry Report Key Topics

Firms in this industry are involved in the retail sale of carpets, rugs, curtains and wall and floor coverings in specialised stores.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on many UK industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in London, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.co.uk or call (020) 3008 6568.

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Gavin Smith
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