Wetrooms
represent the fastest growing sector of the UK bathroom market. The market is
estimated to have grown by around 4% in 2014, and growth is forecast at 6-7% per
annum over the next 2 years. Demand for wetrooms has increased significantly over the
past decade and they continue to grow in popularity. In total, it is estimated that around 5% of UK
homes now have a wetroom installation.
Between
2010 and 2012, the UK wetroom market was comparatively volatile, in line with
the uncertain economic situation at this time, with demand particularly
impacted by the decrease in the level of new build housing and low levels of
major refurbishment in the private sector. Since 2013, however, the market for
wetroom products has seen a notable increase, with demand picking up as the
economy improves. The growth in wetrooms in the
UK can be partly attributed to product innovations, with a number of components
now available that make it possible for wetrooms to be installed on most floor
types. Prices have also fallen, making wetrooms a more affordable choice to the
mainstream consumer.
As an open-plan alternative to the traditional bathroom,
wetrooms provide a space-saving and design-led solution that is regarded as a
luxurious and accessible feature in the home. The floor formers and level access trays sector
dominates the wetroom market with around 50% share by value, followed by
waterproof tanking kits, glass wetroom panels and drainage products, including
shower drainage pumps.
Supply in the wetroom market is somewhat fragmented
with a large number of suppliers providing part or all of the wetroom product.
These include wetroom product specialists, special needs bathroom suppliers and
the major manufacturers of bathroom and showering products. A significant
proportion of sales within the wetroom market are direct sales from the
specialist manufacturer or supplier to the end-user or contractor, which is
common practice with more specialised products. Other channels include
merchants and distributors, bathroom specialists plus DIY multiples, many
offering own branded goods. In addition, the level of wetroom products sold via
online retailers has seen significant growth in recent years.
The outlook for the UK wetrooms market in 2015 looks
positive with good growth anticipated into the medium-longer term. Demand
should be supported by the emerging trend towards multi-generational
households, the requirements under the 2014 Care Act and growth in the
self-build market, among other factors. Wetroom areas are likely to
progressively replace baths, as a more practical and accessible alternative. By
2019, the market is forecast to have increased by 34% compared to 2014.
“Housebuilders are
increasingly adding wetrooms to new build private homes in order to ‘add value’
and attract buyers” said
Keith Taylor, Director of AMA Research. “Baths
continue to be commonly specified in the main bathroom but the smaller second
bathroom or ensuite is now more likely to have a wetroom installed, both for practical
and aesthetic reasons.”
The ‘Wetroom Market Report – UK 2015-2019
Analysis’ report is published by AMA Research, a leading provider of market
research and consultancy services within the construction and home improvement
markets. The report is available now and can be ordered online at www.amaresarch.co.uk or by calling
01242 235724.
No comments:
Post a Comment