News | Uncertainty


UK wood flooring market impacted by Brexit

The UK wood floorcoverings market is forecast to show annual gains of around to to three per cent in the coming years, AMA Research states.

The UK wood floorcoverings market is forecast to show annual gains of around to to three per cent in the coming years, AMA Research states.

The UK wood flooring market grew by one per cent in 2016 and by two per cent at most in 2017, according to AMA Research in its "Wood and Laminate Floor Coverings Market Report - UK 2017-2021 Analysis".

The growth figures have looked better than this, but because this market has a high level of import penetration, it is highly susceptible to fluctuations in exchange rates. As such, it was impacted by the downward movement of sterling following the 2016 Brexit referendum. Prior to this, the market had been showing good growth, increasing by 6 per cent between 2013 and 2015.

Jane Tarver of AMA Research commented: "The wood floorcoverings sector is forecast to show annual gains of around to to three per cent in the period to 2021."

Wood flooring, which includes laminate in the study, is now marginally the second largest floor coverings sector in the UK, currently accounting for an estimated 16 per cent of the market in value terms. The main competition has been the vinyl sector with increasing popularity of LVT (luxury vinyl tiles) in both domestic and contract.

Domestic DIY installations of wood flooring are still below pre-recession levels and seem unlikely to improve in the short to medium term, as major DIY multiples carry out significant restructuring programmes in the face of consumer reluctance to carry out their own home improvement tasks, according to the study. At the same time, the contract sector is now suffering from the uncertainty in business confidence, particularly in the commercial office and retail sectors.

The role of imports into the UK market is growing. The percentage share of imports from the EU has risen significantly from 45 per cent in 2011 to 56 per cent in 2016, while imports from Asia have fallen from 51 per cent to 41 per cent in that period.

| 5 January 2018


Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

Byggmax aims to grow primarily through garden and e-commerce

In its recently published quarterly report Byggmax confirmed the roughly 15 per cent downturn in sales between January and March that was revealed at View news...

B&Q gets another distribution centre

Kingfisher is building a new B&Q distribution centre (DC) in Swindon. The new site is aimed at improving efficiencies within the B&Q supply View news...

Except in Germany, the parquet market grows in the first quarter

The overall mood is positive in the European parquet market according to the European Federation of the Parquet Industry (FEP). In the first quarter, View news...

Giroldi’s theories and a big regional report Spain in the new journal

"Brands - and I'm talking of supplier brands - will play an increasingly important role in the future." "In ten years at the latest, View news...

Actual figures

Statistics Home Improvement Europe

Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

5th Global DIY Summit 2017



Almost 80 years of proven experience

The 5th Global DIY Summit in Berlin was a first class networking event for the international home improvement industry. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.