‘Mintel estimates that spending on living and dining room furniture grew 4.6% to £8.49 billion in 2019. This was driven by ....
Living and Dining Room Furniture – Market Report Executive Summary
‘Mintel estimates that spending on living and dining room furniture grew 4.6% to £8.49 billion in 2019. This was driven by the return of real wage growth, increases in the number of households and a surprising resilience among the consumer base. However, growth narrowed for the second year, subdued by a relative cooldown in housing transactions and Brexit confusion among parts of the consumer base, which has seen some caution among major financial commitments’.
Another key topic covered is the Furniture and Furnishings (Fire) (Safety) Regulations 1988 as amended review which is underway. However, at this stage, the message is that the existing Regulations will continue to apply. The aim of any new regulation would be to maintain the current level of fire safety whilst enabling the reduction of FR chemicals, encouraging innovation and enabling enforcement. The Regulation is likely to exclude childcare products from the scope; include resistance to ignition and spread of fire; include labelling requirements to facilitate the circular economy; and is expected to remove the need for mandatory testing to prove compliance.