UK Bathroom Furniture Market Analysed & Forecast by GlobalData in Its New Topical Study Recently Added at MarketPublishers.com
08 Jan 2018 • by Natalie Aster
LONDON – As of 2017, the bathroom furniture market in the UK declined by 2.9% YoY and was estimated at around GBP 856 million. The falling sales are attributed to a slowdown in the country’s proprietary market along with low consumer confidence. Furthermore, volume sales in the UK bathroom market declined in 2017 by over 4.5% YoY, whilst inflation increased by appr. 1.7% as retailers passed on bigger costs to shoppers as a result of a weaker sterling.
In 2017, around 22% of all bathroom furniture purchases in the UK were made online. Growth in the online segment is spurred primarily by DIY specialists like Wickes and B&Q (which have considerably improved their websites) as well as by online-inly players like Soak.com and Victoria Plum (which stock a great range and also make huge investments in online advertising).
Within the partial bathroom furniture segments, affluent older generations are likely to make purchases at DIY stores, whilst younger consumers prefer to buy from general merchnadisers and discounters.
The new topical research study “Bathroom Furniture 2017” prepared by GlobalData provides in-depth insights into the landscape of the UK bathroom furniture market (covering such product segments as baths, sinks, cabinetry & fitted furniture, toilets, showers, accessories & fittings). It sheds light on the prevailing market development trends, describes the market dynamics as well as examines the major factors impacting the market growth and development. Besides, this publication includes updates statistics and vital data on the market size, value, shares and growth rates. This research study discusses the best strategies for success, explores the competitive scene, profiles the top players and highlights consumer shopping habits and spending motivations. The report reviews the key distribution channels in the UK, discusses the measures that retailers should take to satisfy the changing consumer demands, examines the main drivers of consumer choice and touches upon the best ways to target various shoppers. In addition, a comprehensive future outlook is at hand in this publication.
A complete collection of the in-demand topical research studies prepared by GlobalData is available in the publisher’s online catalogue at MarketPublishers.com.