UK Kitchen Textiles Market to Shrink by 0.7% in 2017, Predicts GlobalData in Its New Research Report Now Available at MarketPublishers.com07 Aug 2017 • by Natalie Aster
LONDON – The UK kitchen textiles market is poised to decrease by about 0.7% in 2017 given a falling demand for non-essential purchases.
The online purchases of kitchen textiles are relatively low in the UK; the online penetration in this market stands at appr. 9.8%. It is attributed to low selling prices of kitchen textiles and, at the same time, high delivery costs. Thus, while shopping online, customers usually buy kitchen textiles only as a part of a large purchase.
General merchandisers are likely to see an uptake in kitchen textiles sale by slightly over 14% through 2022. In 2017, Tesco and Sainsbury’s, two key local general merchandise retailers, are set to post remarkable share gains.
Poor product displays present the key challenge of the country’s kitchen textiles market.
Topical market research report “Kitchen Textiles 2017” prepared by GlobalData is a great source of relevant information on the UK market for kitchen textiles. It offers a profound insight into the market, analyzing its current situation, highlighting the historical development patterns and examining the key ongoing and emerging trends and opportunities. It focuses on the competitive pressures, reviews the major players and discusses consumer attitudes and preferences. Moreover, the report includes relevant data on the market size, shares and dynamics during 2015-2017, and presents future performance forecasts for the market. The major risks associated with the kitchen textiles market in the UK are discussed along with the major factors limiting and driving the development of the UK kitchen textiles market.
Other insightful research reports by GlobalData are available in its vast catalogue at MarketPublishers.com.