Positive indicators for carpet industry
The dependency of the carpet industry on the housing market is well documented. The indicators are good for the housing market right now - and that should have a positive effect on all things homes and interiors, such as carpet! Research just published by Mintel gives further reason for optimism. However, we will not go full circle overnight! Recessionary habits are deeply engrained. As an industry, we will have to offer value for money. However, on the plus side, Mintel’s findings suggest that consumers will put greater emphasis on the ‘quality’ side of the price/quality equation. This has to be good news for the UK carpet manufacturers and the members of the Carpet Foundation. A flight to quality products from quality retail outlets. Now that should put a smile back on our faces!
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