The total value of furniture manufacturers’ product sales during 2022 were just shy of £8bn, but was down when compared to the previous year.
According to the latest data from the Office for National Statistics (ONS), the total value of UK manufacturers’ product sales was £429.8bn in 2022, an increase of £28.4bn, or by 7% from £401.5bn in 2021.
Within the furniture manufacturing sector, the total value of sales was £7.7bn, down 1.2% from £7.8bn in 2021. However, this figure was up by 20.3% and 5.3% when compared 2020 sales of £6.4bn and 2019 sales of £7.3bn.
Over a 10-year period, the total value of sales has grown by 28.3% from £6bn in 2012.
Looking further into this category, the value of mattress manufacturers’ product sales for 2022 was £793m, down 10.7% from £889m in 2021. It is an improvement from 2020, when sales stood at £730m, but was the second lowest value of sales generated in the last seven years.
Mattresses with spring interiors made up the majority of sales at £497.5m, although this was down by 11.8% from £564.2m in 2021 with volumes also reducing from 3.4 million to 2.9 million.
In other areas, upholstered seats with wooden frames saw sales of £939.6m, down 2.9% from £968.5m in 2021, while sofabed sales valued £11.7m, up 88.7% from £6.2m the previous year. Upholstered seats with metal frames saw sales of £148.4m, slightly down from £149.7m.
Wooden furniture for the bedroom saw sales value £592.4m, down 10.7% from £664m, while wooden furniture for the dining room and living room experienced a decline of 47.6% to £103.3m from £197.4m. This was due to a reduction in volumes by 35%, down from 1.1 million to 707,000.
As for the manufacture of kitchen furniture, total value of sales was £2.22bn, slightly up from £2.20bn in 2021, while office and shop furniture manufacturers’ sales resulted at £1.2bn, up from £1.1bn.
The ONS indicated that high energy costs and the impact of the rising cost-of-living were some of the main reasons manufacturers reported declining production or sales.