Tuesday, August 22, 2017

Electrical Wholesale Market Report - UK 2017-2021 Analysis - 5 Key Facts

  • The electrical wholesale market is forecast to grow by 14% by 2021.
  • The national companies account for 74% of the market, down from 77% in 2014.
  • Lighting, and cable systems remain the largest product sectors within the electrical wholesale market, accounting for around 47% of market value.
  • Electrical Wholesalers are estimated to account for 33% of lighting market. This represents a reduction in share due to the growth of LED lighting, but is expected to regain share in future.
  • Electrical contractors remain the largest customer group, representing 76% of the market. 

These facts have been extracted from AMA Research's report 'Electrical Wholesale Market Report - UK 2017-2021 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724. 

Monday, August 21, 2017

Shopfitting Market Report - UK 2017-2021 Analysis - 5 Key Facts

  • In 2017, the value of the UK shopfitting market is forecast to rise by 2% to reach around £2.65bn.
  • In the short to medium term, the UK market for shopfitting is forecast to increase by around 3-4% per year.
  • The UK Shopfitting market is complex and highly fragmented, with a large number of suppliers undertaking a wide range of activities.
  • In 2017, output in the entertainment sector is expected to rise by around 3%.
  • The market has been driven by leading retailers and supermarkets in particular investing in existing portfolios through fit-out and improvement works, rather than adding new space through new build development.

These facts have been extracted from AMA Research's report 'Shopfitting Market Report - UK 2017-2021 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724. 

Monday, August 14, 2017

General Industrial Products Distribution Market - UK 2017-2021 - 5 Key Facts

  • The key product sector for the general industrial product distributors is the health and safety product group with 10% share, illustrating the fragmentation of the industry.
  • The market growth is forecast to be relatively modest, showing an 8% gain through to the end of 2021.
  • The four leading distributors in this market account for 40-50% of the industry between them.
  • General industrial distributors play a significant role in the distribution of engineering & metal working products, accounting for just over 60% of the market.
  • The distribution of fluid and air control products within the industrial products distribution market is dominated by just 3 companies with around two thirds of the market.

These facts have been extracted from AMA Research's report 'General Industrial Products Distribution Market Report - UK 2017-2021 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724.

Tool Distribution Market - UK 2017-2021 - 5 Key Facts

  • Smart heating controls and linked devices account for 36% of the market. This has increased significantly in recent years.
  • The forecast growth of “the Internet of Things” –IoT- (‘smart’ household gadgets) is likely to result in increased connectivity within home networks.
  • The evolution of voice control devices is likely to drive more interest in home automation.
  • The market is highly fragmented with 10 suppliers accounting for around 50% of the market.
  • The tools market is relatively evenly split between power and hand tools, with power tools accounting for an estimated 50-55% share of the market and hand tools for around 45-50% share. 

These facts have been extracted from AMA Research's report 'Tool Distribution Market Report - UK 2017-2021 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724.

Tuesday, August 08, 2017

UK Tool Distribution market forecast to be worth £1.2bn in 2018

The overall UK tool distribution market increased in 2016 and is expected to reach a value of £1.2bn by 2018. Higher levels of construction, house building and RMI work - along with product innovation - supported value growth of up to 7% per year until 2014. The positive trends have continued throughout 2015 and the first half of 2016, with growth supported by a good economic performance and higher levels of construction leading to market growth of 3-4% per annum, in value terms.

Overall, the distribution of tools used in construction, RMI and gardening is highly complex and fragmented due to the number and ranges of products offered to a range of end-use sectors and contractors. Tool distribution comprises a mix of large national players competing with many regional and local companies, in both trade and consumer channels. Home improvement multiples are important players in the distribution market, as are the industrial product distributors.
Recently, however, buying behaviour has been influenced by digital technology and operating a transactional website has become increasingly important, with the internet emerging as a key channel in its own right. Home improvement multiples have responded to changing customer needs faster than some others, and are aiming for an omni-channel approach to selling including brick-and-mortar, mobile and internet, catalogues, click & collect etc.
Market performance is influenced by tool replacement cycles and activity levels in new build and RMI as well as a range of industry specific influences such as product development and legislation. Also assisting growth in recent years has been the trend away from do-it-yourself (DIY) to get-someone-in (GSI), as professional tradesmen tend to purchase higher value and quality tools, and also tend to replace tools more frequently.
Hand tools is a mature, steady sector with little significant step change in product development. In contrast, power tools have significantly benefited from new products and product innovations, such as cordless technology, lithium-ion batteries and brushless motors, all driving sales. Demand for power tools has meant that manufacturers have focused on producing a wider range of tools suitable for all budgets and capabilities. This wider choice of products has seen distributors’ stock levels increase in recent years.
Hayley Thornley, market research manager at AMA Research said: “Prospects for the overall market are generally positive, with moderate growth expected in the domestic sector and also across some non-domestic construction sectors. Steady demand in the garden tool sector is also expected to underpin the market. We estimate that the UK tool distribution market will continue to grow by around 3% per annum to 2021.”
While forecasts for the construction and RMI sectors to 2021 are for lower levels of activity, prospects for infrastructure, education, entertainment and housing are reasonably positive and should provide opportunities in both the professional and DIY tool sectors. Longer term growth potential in the timber frame housing market should benefit the cutting, woodworking and carpentry tool sectors. Product development is also expected to continue.
The ‘Tool Distribution Market Report – UK 2017-2021 Analysis’ report is published by AMA Research, a leading provider of market research and consultancy services with over 25 years’ experience within the construction and home improvement markets. The report is available now and can be ordered online at www.amaresearch.co.uk or by calling 01242 235724.

Thursday, July 27, 2017

Facilities Management Outsourcing - UK 2016-2020 - Key Facts

  • The UK FM Outsourcing market is estimated to be worth £19.3 billion in 2016, an increase of 13.5% since 2012.
  • The corporate sector accounts for 58% of the market.
  • Outsourcing has gained share within the UK market for FM, accounting for an estimated 64% share.
  • Cleaning represents one of the largest and most competitive service areas at 11% of market value.
  • Central and local government offers the best prospects, with growth forecast at 18% between 2016 and 2020.

These facts have been extracted from AMA Research's report 'Facilities Management Outsourcing Market Report - UK 2016-2020 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724.

Tuesday, July 25, 2017

High-Rise Construction Sector - UK 2016-2025 - Key Facts

  • There are 500 high-rise buildings across the UK in the development pipeline, of which around 437 (87%) are in London. 
  • Around 70% of high-rise buildings currently under construction or under consideration across the UK are primarily residential, but with an element of mixed-use, e.g. retail, community or leisure.
  • Elsewhere in the UK, over 60 high-rise buildings are in the development pipeline, of which around 32% are currently under construction.
  • In terms of UK regional schemes, the majority of high-rise buildings are clustered in key cities such as Birmingham (11%), Liverpool (17%), Manchester (43%) and Salford (19%).
  • In both the UK and across the world, there has been a big rise in the number of residential and mixed-use towers. Just 15 years ago, towers were predominantly built for the office market; they now make up just 5% of the current development pipeline.

These facts have been extracted from AMA Research's report 'Construction in the High-Rise Buildings Market Report - UK 2016-2020 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724.

Friday, July 21, 2017

4% growth in the UK office and home office furniture market in 2016

The UK office and home office furniture market is estimated to have grown by 4% in 2016, with similar growth forecast for 2017. While the excess production capacity in the industry has mostly been absorbed, the market remains very competitive for all suppliers and market value remains below the peak year of 2001. Recent growth in the market has been largely the result of large scale office development or refurbishment and has benefited the fit-out specialists and larger dealers.

Business confidence has improved steadily as the economy has grown. The commercial new build sector is relatively buoyant, with new office construction increasing, albeit remaining well below the levels reached in the past. The most significant growth has taken place in the City and Greater London, with anecdotal evidence suggesting that regional centres are also increasingly attracting developers. However, forecasts for the next three years indicate a decline in the construction of offices due to Brexit related uncertainty and pressure on space.

The UK office furniture market has split into two broad categories, the corporate sector serviced by UK and overseas branded suppliers, either directly to end users or via fit-out specialists and furniture dealers and the SOHO sector supplied mainly from China and other low cost producing countries via mail order, the Internet and retail outlets. 

A large proportion of home office furniture is supplied in flat pack form by specialist manufacturers and sold through outlets such as IKEA, Argos, Staples, and Tesco Direct. The home office has grown during the review period but is no longer increasing its share of the overall market.

Imports are significant in the office and home office furniture market and account for around a 35% share, with China as well as EU countries including Germany, Italy, France and Sweden important suppliers. The office furniture market remains fiercely competitive, with a large number of suppliers operating in the market, despite some high-profile casualties in the past. 

"The UK office furniture market is expected to show slowing growth until 2021, with annual growth rates of 3-4% from 2017 onwards, as a result of the uncertain outlook for the economy as a whole” said Fiona Watts at AMA Research. “Technology will continue to influence the market, with more companies adopting wireless, network stations and VoIP systems, and this is likely to stimulate demand in some sectors in the longer term.”

Changes are likely in individual product groups. For example, demand for smaller desks will continue, reflecting technological developments and changing work practices, and some value will be added through the introduction of more accessories and a greater level of integration with other office products. The demand for wave desks and benching systems is expected to continue, reflecting a preference for open plan offices, and more adjustable height desks are also likely to be introduced to cater for stand-up/sit down arrangements. 

The number of people working from home, either as self-employed or as employees, is likely to increase steadily in the medium term, as firms realise the benefits to be achieved from providing flexible working arrangements for their staff and this trend should continue to benefit the SOHO sector of the market. This sector is likely to continue to develop positively, with the choice offered by online suppliers and retailers increasing as more employees work from home, although wireless connectivity, laptops, and tablet usage is likely to impact on the demand for desks.

The ‘Office and Home Office Furniture Market Report – UK 2017-2021 Analysis’ report is published by AMA Research, a leading provider of market research and consultancy services with over 25 years’ experience within the construction and home improvement markets. The report is available now and can be ordered online at www.amaresearch.co.uk or by calling 01242 235724.

Domestic Replacement Door and Window Market - UK 2016-2020 - Key Facts

  • Growth rates for the domestic replacement doors and windows market resulted in an 19% overall increase between 2011 and 2016.
  • In 2016, it is estimated that around 4.5 million replacement windows were installed as well as an estimated 190,000 replacement patio doors and 1.25 million replacement entrance doors.
  • The PVCu fabricator/installer sector continues to struggle with fierce competition and low margins characterising the sector.
  • Increased demand for bi-fold doors saw an 21% overall value growth for replacement patio doors between 2011 and 2016.
  • The outlook remains positive if modest with annual value growth at around 2% to 2020.

These facts have been extracted from AMA Research's report 'Domestic Replacement Door and Window Market Report - UK 2016-2020 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724.

Steady growth forecast in the UK construction chemicals market

The UK construction chemicals market is estimated to have grown by around 4% in 2016, with a further 3% increase forecast for 2017. Annual growth rates vary between product sectors as trends differ within key end user markets, but in overall terms, growth has been slow and steady over the past five years. Despite the outcome of the vote to leave the EU, there have been steadily growing levels of home improvement and housebuilding output, leading to greater usage of sealants and adhesives, with bright prospects also in the infrastructure sector.

This is according to a report recently published on the sector by AMA Research, which focuses on liquid, spray, foam, mastic and powdered chemical products used by tradesmen, sub-contractors and homeowners, but also includes concrete and mortar additives that are used in both factory and on-site production of concrete products and mortars. 

Adhesives constitute the largest product group and in recent years, growth in this sector has been underpinned by the recovery in the housing new build, home improvement, commercial new build and infrastructure applications. Since 2012, growth has also been good in the fillers product category, which includes powder and ready-mix products, wood fillers and expanding foam. Annual growth rates in the sealants, caulks and putties sector are typically steady due to the very broad range of applications targeted. The supply chain is highly fragmented, with merchant and distributor own label products being significant.

The supply of concrete, mortars & cement admixtures has improved steadily in recent years, driven by demand for use on major infrastructure projects and recovery in the housebuilding and commercial new build sectors. The strongest demand has been for water reducing admixtures i.e. plasticisers and superplasticisers, underpinned by the continuing need to reduce water usage, in particular by the concrete manufacturing sector.

Demand for protective coatings – fire retardancy, waterproofing & damp-proofing - has been maintained by the need for regular / remedial re-coating of buildings and infrastructure. A more recent new driver has been the growth in new basements and basement conversions in London homes within the more affluent boroughs, as these applications need protecting from below ground water ingress.

Demand for resin flooring systems appears to have remained steady, having diversified away from the core industrial/ warehousing market into education, food production and retail. However, a resumption in demand for warehousing, manufacturing and R & D facilities – particularly in the pharmaceutical, biotechnology & electronics sectors – will again boost this sector.

Key factors which are likely to influence the overall market over the next two years include a continued steady increase in housebuilding output partly stimulated by Government programmes, further infrastructure development in areas such as water treatment, drainage, ‘smart motorways’, energy-from-waste plants and transport, leading to greater use of admixtures, sealants and protective coatings. 

There are also advances in technical composition for many products which could lead to improvement in market size, in terms of value at least. For example, the shift to water reducing admixtures and similar products which improve the consumption of ‘embedded water’ may add value to the sector.

“Medium term growth prospects for the overall construction chemicals market appear steady but modest, particularly for products mostly supplied to the home improvement and trade sectors for use in residential RMI and refurbishment, such as adhesives, sealants and protective chemicals” said Keith Taylor, Director of AMA Research. “There is likely to be a period of significant uncertainty over the next 2-3 years as the formal EU departure looms closer and the UK has to renegotiate trade deals. Risks also include changes to legislation affecting the construction chemicals market.”

Growth in the construction chemicals market is forecast at 2-3% per annum in the short to medium term.

The ‘Construction Chemicals Market Report – UK 2017-2021 Analysis’ report is published by AMA Research, a leading provider of market research and consultancy services with over 25 years’ experience within the construction and home improvement markets. The report is available now and can be ordered online at www.amaresearch.co.uk or by calling 01242 235724.