PRESS RELEASE BY MBD...

UK CARPETS MARKET RESEARCH REPORT

RELEASED: OCTOBER 2007

After researching the UK carpets market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

MARKET REVIEW 2003-2007:

The UK carpets market is anticipated to increase by a moderate 2% to £1343.5 million in the current year, reflecting the continuing interior design trend of textures in the home, along with the Carpet Foundations increased marketing efforts to drive carpet sales. Indeed, the Carpet Foundation has signed advertising deals across consumer media that will promote carpet to 10 million home interest readers. Nonetheless, market growth is expected to be constrained by a slowdown in house moving activity, which has in turn been affected by increased interest rates.

MARKET FORECAST 2008-2012:

The UK carpets market is anticipated to demonstrate year-on-year value growth between 2007 and 2012, equivalent to a cumulative real term increase of 4% to £1398.9 million at (current prices) in the latter year, reflecting changing consumer trends along with continued output in residential housing and the commercial sector. Annual levels of growth are projected to remain moderate at around 1%, reflecting current economic uncertainties and the continued threat from alternative floorcoverings.

NOTE TO EDITORS:

Market & Business Development Ltd specialises in business to business market research. The range of reports and industries in which we operate in constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

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