ramsaypoppy
Joined: 10 Jan 2014
Posts: 10
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 Posted: Fri Jan 10, 2014 9:51 am Post subject: |
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The domestic kitchen furniture segment in the United Kingdom experienced steady growth in the early part of this decade. However, the overall market value declined in 2005 for the first time since 1999. The market experienced steady growth between 2000 and 2003. Growth slowed a bit during 2003-4, following a series of interest rate increases, a less robust housing market and a high level of price competition. During 2005, new house building levels in the private sector remained relatively static, which, along with a downturn in UK consumer spending on RMI (repairs, maintenance and improvements), resulted in the weakest market for some years.
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