Sector Focus: Kitchens | 25
SUMMARY
■UK kitchen sales hit an all-time high of 1.277 million in 2022
■Preliminary analysis points to all change in 2023
■A fall in new build completions in 2023 sucked energy from the market
■The market is expected to turn increasingly to biophilic design and specification
COOL DOWN KITCHENS
UK kitchen sales volumes are being depressed by wider economic difficulties, says a recent market report. But a potentially positive take out for timber is buyers’ increasing focus on sustainability, carbon impact and wellness. Mike Jeffree reports
After cooking for two years, the UK kitchen market cooled through 2023 and that trend looks like continuing through 2024. That’s the conclusion of the latest sector report from analyst JKMR.
Its Overview Report on the UK Fitted Kitchen Market shows the sector continuing to grow in 2022 after a buoyant 2021. With installations generally a long-term project, the Covid home improvement boom, triggered by consumers having more disposable income as they couldn’t spend on travel and leisure generally, fed through into 2022. The market was further underpinned by consumers spending more time in their homes and, importantly, working from home to the extent the trend has even become an acronym – WFH. They therefore had still greater incentive to invest in their property, with the kitchen, billed as the ‘heart of the home’, being a major focus for spending. The market was also boosted by increased housing transactions. After jumping in 2021 due to deferred house moves from the pandemic period, they fell back in 2022, but still remained above 2019/20 levels. Consequently, reports JKMR, UK kitchen sales hit an all-time high of 1.277 million in 2022. That was up around 3% from 2021’s 1.24 million, and 44,000 ahead of the previous record in 2018. Individual kitchen spend was up too.
Above: Bare wood is in, says Ideal Home PHOTO: FUTURE
“The total family dwelling fitted kitchen products market specifically, excluding non- family dwelling kitchens, free-standing ►
www.ttjonline.com | March/April 2024 | TTJ
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