The market is dominated by domestic suppliers, as imports account for 34.9% of total market size in 2020. Households drive market demand, with household spending representing 87.7% of total demand in 2020. The UK has the largest market size for carpets and rugs in the region, with demand reaching USD7.7 billion in 2020. Ulster Carpet Mills (Holdings) Ltd is the largest company in the UK, generating 7.0% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 19.7% of total production value in 2020. The total number of companies increases in 2020, to 525 units. The costs of the industry decrease by 1.3% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 10.7% of production value in 2020, the fourth highest in the region. With production value of USD1.2 billion, the UK accounts for 12.6% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Carpets and Rugs in the UK: ISIC 1722. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Carpets and Rugs in the UK: ISIC 1722 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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