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In order to enable benchmarking, competitor analysis and facilitate further market research, MTW have provided estimates for turnover, profit before tax and number of employees for small, medium sized and other companies who are not obliged to submit this information to Companies House. As such, in the interests of clarity, all data relating to turnover, profit and number of employees provided in this report should be regarded as independent estimates by MTW. Whilst we endeavour to attain high levels of accuracy with these estimates, they
may not reflect the actual figures of a company and should therefore be treated with caution.
The above definitions exclude rugs, mats, underlay and associated products such as grippers etc. Whilst market size for the non-domestic market is
provided and segmented by key product sector, analysis of key market trends, SWOT, PEST, distribution shares and future prospects primarily relate to
domestic applications. Labour costs associated with installation are also excluded, with market sizes relating to material costs only, excluding any
additional sales taxes (e.g. VAT). Market sizes throughout the report are provided at manufacturers selling prices (MSP).
The methodology for this report is comprehensively wide ranging and encompasses both qualitative input and quantitative sales statistics. Sources
for this report include primary financial data & secondary comment & input from manufacturers, retailers, distributors, UK Government, HM Customs, credit
& our own experience of researching this market for more than a decade. This report is unique in its combination of both quantitative sales data combined with
qualitative research comment & analysis and provides the reader with a high level of confidence in its findings.
The total UK floorcoverings market is currently valued at £xx billion at manufacturers selling prices in 2018, with indications now suggesting that the majority of sectors in
the market have xxxxxxxxxx x xxxxxxx xxxxxxx xxxxxxx, following the xxxx xxxxxxx experienced in xxxx xxxx. The consensus of opinion is that the 2018
xxxxxxxx is likely to be xxxxxxxxx and relatively xxxxxxxx with the domestic floorcoverings market likely to xxxxxxxxxx x xxxxxxx xxxxxxx xxxxxxx in 2018 as
housebuilding xxxx xxxxxxx xxx continue to xxxxx xxxxx and domestic RMI activity xxxxxx xxxxx.
Due to the high xxxxx xxxxx xxxxx and Brexit xxxxx xxxxx xxxxx xxxxx at present,
value xxxxx xxxxx in the market in the medium term is expected to reach levels of
around x% in current price terms by 2017. Longer-term prospects for the market remain xxxxx xxxxx with the overall market set to xxxxx to £x.x billion by year-end
December 2022, reflecting overall xxxxx of x% over the 4 year period.
In real terms, our estimates are that xxxxx xxxxx xxxxx xxxxx of market value of around £x billion over the last xxxxx years when considering xxxxx sales growth
xxxxx the xxxxx had not xxxxx and inflation xxxxx xxxxx control. Assuming a xxxxx xxxxx of x% per annum from xxxxx onwards, the market xxxxx xxxxx worth an
estimated £xx billion in ‘real terms’, xxxxx xxxxx xxxxx xxxxx current value of £x billion.
The total UK floorcoverings market, comprising both domestic and non-domestic applications is estimated to be worth just over £xx billion in 2018 as illustrated
in the following chart:-
Figure 1: Domestic & Non-Domestic Floorcoverings Market 2012– 2022 By Value £m
Chart Censored in Sample
Source: MTW Research / Trade Estimates
As illustrated the total UK floorcoverings market is currently valued at £xx billion at manufacturers selling prices in 2018, with indications now suggesting
that the majority of sectors in the market xxxx xxx x x x x xxxx xxx xxxx following xxxx xxx x x x x xxxx xxx xxxx experienced in recent years.
In 2017 sales across most sectors of the UK floorcoverings market are indicated
The following chart illustrates the performance of the market value with consumer price index inflation stripped out since 2012, with forecasts to 2022:-
The following chart illustrates our estimates of the share by value taken for each of the key product sectors within the overall domestic & non-domestic UK
floorcoverings market in 2018:-
Figure 3: Floorcoverings Market Share by Key Product Sector 2018
Pie Chart Censored in Sample
Source: MTW Research / Trade Estimates
Carpets
The laminate and engineered hardwood floorcoverings market is
Accounting for around x% of the market in 2018, ceramic tile floorcoverings
have
The ‘others’ sector mainly comprises of natural stone floorcoverings such as slate, granite etc, cork and vinyl, with sales of these products estimated to
2.4 KEY MARKET TRENDS IN THE FLOORCOVERINGS MARKET
2.4.1 PEST Analysis – Illustration of Key Market Forces
There are a large number of macro market issues and trends which directly or indirectly influence the UK floorcoverings market. These issues typically relate to
political, legal, economic, environmental, social and technological factors. The following diagram provides a brief overview of some of these key issues which are
currently impacting the market at present and those which may stimulate or dampen market growth in the future:-
Figure 12: PEST Analysis for UK Floorcoverings Market in 2018
Source: MTW Research Strategic Review 2018
Whilst the above diagram is by no means exhaustive, it provides an illustration
of some of the key issues impacting the market at present and in the future.
Following a strategic review of the floorcoverings market, the following table identifies some of the key strengths & weaknesses evident in the market at
present:-
Figure 17: Key Strengths & Weaknesses in the Floorcoverings Market 2018-2022
STRENGTHS WEAKNESSES
• Inherent Xxxx xx xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx xxxxx xxxxx
• UK manufacturers Xxxx xx xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx xxxxx xxxxx
• Floorcovering manufacturers have Xxxx xx xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx xxxxx xxxxx
• Relatively wide Xxxx xx xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx xxxxx xxxxx
• Most companies xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Experienced and xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• UK market now xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Ability to reduce xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• UK manufacturers able xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Highly skilled UK xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Focus on product xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Well defined market xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Well established, xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• High management xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Efficient xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Sophisticated use xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Most companies operate xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Indigenous xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Low xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Low xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Workforce in xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx.
• Lack of xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Substantial xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Minimal xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx Lower levels xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• Majority of xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• High consumer xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
• High fragmentation xx xxxxxxx xxxxxx xxxxxx xx xxxxxxxxx xxxxxxx xxxx xxxxxxxxxx xxxxxx
4. FLOORCOVERINGS MANUFACTURER PROFILES The following section identifies some of the key UK manufacturers & importers with a 1
page profile including key performance indicators. It should be noted that whilst we endeavour to include all the major players in the market, inclusion or otherwise in the
following section does not necessarily indicate a company’s relevance in the market.
4.1 Floorcoverings Manufacturers Profiles & KPIs
Sample Ltd - Company Overview & ‘At a Glance’
Sample Address1 Address2 Postcode Tel: sample
Sample Ltd is a private limited with share capital company, incorporated on October 7, 2003. The company’s main activities are recorded by Companies House as “A Group Engaged In Manufacture Tufted Carpets And Storage And Distributions Of Carpet And Smooth Flooring.”
In 2018, the company has an estimated 450-460 employees. To year end December 2017, Sample Ltd is estimated to have achieved a turnover of around £70 million. Pre-tax profit for the same period is estimated at around £1.0 million. The following table briefly provides a top line overview on Sample Ltd:-
Company Name Sample Ltd
Brief Description of Activities A Group Engaged In Manufacture Tufted Carpets And Storage And Distributions Of Carpet And Smooth Flooring.
Parent Company Sample LIMITED
Ultimate Holding Company Sample LIMITED
Estimated Number of Employees 450-460
Senior Decision Maker / Director Martin Sample
The following table illustrates the company’s key performance indicators for the last 3 years :-
Sample Ltd - 4 Year KPIs to Year End 31-Mar-17
Key Indicator £ Year End 31-Mar-15 (Year1)
Year End 31-Mar-16 (Year2)
Year End 31-Mar-17 (Year3)
Fixed Assets £2,399,655 £2,623,915 £2,843,999
Current Assets £17,836,651 £18,941,979 £19,959,292
Current Liabilities £15,805,624 £16,920,619 £17,283,739
5.1 Share by Key Distribution Channel 2018, 2012 & 2022
The share accounted for by each of the key distribution channels within the UK
domestic floorcoverings market in 2018 is illustrated in the following chart:-
Figure 119: Share by Distribution Channel for Domestic Floorcoverings Market 2018
High Street /
Catalogue / Dept
Stores
x%
Mail Order /
Internet
x%
DIY, Hardware &
Home Retailers
x%
Building
Contractors &
Housebuilders
x%
Builders Merchants
x%
Floorcoverings
Retailers &
Installers
x%
Source: MTW Research / Trade Sources
It should be noted that due to an element of overlap between a number of channels, estimating the share by channel is particularly complex and the above
should therefore be regarded as guideline estimates only.
Given these complexities, however, our estimates are that the xxxxx xxxxxx continue to maintain the majority share by value of the floorcoverings market in
2018, with this sector comprising around xx% of total industry sales.
5.2 Floorcovering Retailers Market – Industry Structure
The following section reviews the UK floorcovering retailers market in 2018 in terms of industry structure and provides key performance indicators for the
largest channel of the UK floorcoverings market.
5.2.1 Market Mix by Growth/Decline Over Last 12 Months
The following chart illustrates the share accounted for by the number of
companies reporting either a rise, contraction or static sales during the last 12 months:-
For the preceding 12 months to May 2018, our estimates suggest that around x% of the market experienced growth which could be described as ‘rapid’, with
sales rising by more than 10% per year. Further, around x% of the floorcoverings retail market is estimated to have experienced some sales growth
5.3 Key Market Trends in the Floorcoverings Retail Industry 2012-2022
The following section reviews some of the key trends in terms of financial performance of the UK Floorcoverings Retail market since 2012, and forecasts
5.4 Floorcoverings Retailers Industry Ranking & Turnover Estimates
5.4.1 Floorcoverings Retailers Listing
The list below illustrates floorcovering retailers active in the market at present:-
Figure 136: Floorcoverings Retailers Company Listing
Source: MTW Research / Trade Sources
The following section ranks the companies identified previously by various key
financial indicators. It should be noted that each company will have varying degrees of activity within this sector and will include an element of variation in
terms of product and service portfolio.
Where possible, we have used the financial information reported by each company. However, for small and medium sized companies reporting
obligations are less strict and these companies are not obliged to disclose turnover, profit before tax and other information such as number of employees
etc. Where this data does not exist, MTW have provided an estimate based on previous performance, industry averages, other financial indicators and
background knowledge of the industry.
Whilst we endeavour to attain high levels of accuracy, it should be borne in
mind, therefore, that the rankings and other information provided within this report may contain an element of estimation.
5.5 Floorcoverings Retailers Profiles, KPIs & ‘At a Glance’
The following section illustrates the key financial indicators for the key players active in the UK floorcoverings retail industry, along with an ‘at a glance’ chart, illustrating the recent performance of each company. Turnover and profit estimates are also provided for each
company alongside a brief description of activities, estimate of number of employees and contact details.
Sample Plc - Company Overview & ‘At a Glance’
Sample Address Sample Sample Postcode Tel: Sample
Sample is a public limited with share capital company, incorporated on 12 September 1988. The company’s main activities are recorded by Companies House as “A Group Engaged In The Selling Of Carpets And Floor Coverings, For Take Away Or Subsequent Fitting.” In 2018, the company has an estimated 3200-3300 employees. To year end December 2017, Sample is estimated to have achieved a turnover of around £490.0 million. Pre-tax profit for the same period is estimated at around £7.00 million. The following table briefly provides a top line overview on Sample Plc:-
Company Name Sample Plc
Brief Description of Activities A Group Engaged In The Selling Of Carpets And Floor Coverings, For Take Away Or Subsequent Fitting.
Parent Company Sample PLC
Ultimate Holding Company Sample PLC
Estimated Number of Employees 3200-3300
Senior Decision Maker / Director Martin, Sample
The following table illustrates the company’s key performance indicators for the last 3 years :-