Floorcoverings Market – UK 2022-2026 – New Report from AMA

The 16th edition of the Floorcoverings Market Report UK 2022-2026 reviews the market in the UK and provides an assessment of recent developments, both within the overall market and within individual floorcovering sub-sectors.

The UK floorcovering market has seen growth in recent years, with an estimated 4% increase in 2022. This growth is expected to continue for the next few years, with predictions of steady growth until 2027. However, there may be a slight slowdown in 2023, as MSP market size is expected to remain the same as 2022. The floorcoverings market, like many other industries, has faced a number of challenges over the past few years. This includes Covid-19, Brexit and ensuing supply chain disruption, further exacerbated by the Ukraine war, resulting in rising costs. This has led some manufacturers to increase their stockholding in the UK. Whilst this improves the availability of popular products, closer to UK consumers, it also brings the risk of more cash being tied up in stock. Significant increases in raw materials costs, notably wood, have also led to manufacturing price increases, some of which have had to be passed on to customers.

The floorcoverings market is set within the context of the domestic and contract housing sectors, both New Build and Repair, Maintenance & Improvement (RMI). Both these sectors are heavily influenced by the performance of the economy, which in turn impacts upon levels of consumer spending and wider investment in different types of buildings or major refurbishments. Government strategies and policies can also direct business investment for the medium to long term, such as support for new housebuilding activity or building new hospitals and schools, all of which require floorcoverings.

Key issues analysed in the report

• An assessment of the impact of Brexit, the pandemic, and the cost-of-living crisis on the UK floorcoverings market, including the ongoing supply chain issues, the high price of energy, soaring inflation and escalating production costs.
• Review and market size estimate of the UK Carpet market which includes wood floorcoverings, vinyl floorcovering, types of floor tiles and other floorcovering products.
• Assessment of key end-use applications with a focus on the sectors that offer the greatest potential for growth.
• Overview of the leading market players including company profiles and financials. Supply chain review including market map, main distributors, and key channels.
• Review of distribution – market map, key channels, direct and indirect supply.
• Company overview and financials of key distributors – merchants etc.
• Ten-year UK Floorcoverings market view 2017 – 2022, plus forecasts to 2026, rates of change. Overall and by sector.
• Summary of market prospects and influences.
• Key innovations.

Key Areas of particular interest

Market Summary

• Market summary Market size by value 2017 to 2022, rates of change.
• Floorcoverings market overview including the general shift in demand in products/materials.
• The floorcoverings market comprises four key sectors which are carpets, vinyl, wood/laminates and other materials (including ceramic & stone tiles).

Market Influences and Drivers

• Main influences that drive the floorcoverings industry including a detailed PESTLE analysis.
• Analysis including impact of Brexit, the pandemic, and cost-of-living crisis.
• Changes in UK Government leadership, policy, and standards.
• Economic forecasts and impact on confidence levels. Social factors including changes in consumer buying habits, demand for alternative types of products.

End Use Sectors

• Summary of sectors driving demand for floorcovering products, market split by sector.
• Residential new build prospects and influences including housebuilding starts and completions, mix by type of dwelling, self-build market activity, affordable housing.
• Residential RMI prospects and influences including growth in home improvements and level of house moving activity.
• Non-residential output prospects and influences including construction activity, overall and by key end-use sectors.

Product Subsectors

• Carpet – market size by value 2017 to 2022. Market overview including trends and developments. End users, key players, leading company market shares and profiles.
• Wood Floorcovering – market size by value 2017 to 2022. Market overview including trends and developments. End users, key players, leading company market shares and profiles.
• Vinyl – market size by value 2017 to 2022. Market overview including trends and developments. End users, key players, leading company market shares and profiles.
• Ceramic & Porcelain – market size by value 2017 to 2022. Market overview including trends and developments. End users, key players, leading company market shares and profiles.

Distribution

• Review of distribution – market map, key channels, contract and domestic distribution channels and shares.
• Company overview and financials of key distributors – merchants etc.

Market Forecasts

• Ten-year UK Floorcovering market view 2017 – 2021, plus forecasts to 2026, rates of change. Overall and by sector.
• Summary of market prospects and influences – Carpet, Wood Floorcoverings, Vinyl, Ceramic & Porcelain and “other” product categories.
• Key product innovations.
• Potential market opportunities and future scenarios.

The Floorcoverings Market Report – UK 2020-2024 is available now and can be ordered here.