The UK residential door
market is estimated to have grown by around 7% in 2015, with further steady
growth forecast for 2016. The significant decline in demand following the downturn
has now been almost completely reversed, due to a strong recovery in the housing
sector and greater confidence in the home improvement market.
During the review
period, the market has experienced significant growth in demand, driven by
large-scale increases in house completions and a positive underlying trend in home
improvements. In addition, there has been a positive switch to higher value
products driven by changing consumer preferences and by legislation and
standards requiring improved security, thermal and fire performance ratings.
In terms of product mix, internal
doors dominate the sector in 2016 with a share of around 60%, in value terms, followed
by entrance doors and patio doors. Replacements dominate the mix, with private
sector home improvements and social housing replacements estimated to account
for combined value share of almost 70% in 2016. Although a mature
market, the residential doors sector has seen a range of new developments which
have influenced demand positively, with composite and bi-fold doors both
experiencing strong growth and helping drive market expansion.
Composite
doors in particular have continued to take share across all sectors of the external
door market. In addition, the
internal door market has been expanding following significant decline in
2007-10, and has benefited from a number of trends including increased glazing
options and the move towards more factory finished/semi-finished products
boosted by the recovery of the housebuilding sector.
The experience of the patio doors
sector in recent years 2012-15 has been for steady underlying value growth from
sales of higher value products and increased volumes of patio/French doors and balcony/Juliet balcony doors in the new build
sector – and more importantly the wider adoption of bi-folds in the new build
and replacement sectors, which are now a significant sector.
“The supply structure
for residential doors remains complex and fragmented but increasingly
competitive, particularly in the entrance door market.” said Andrew Hartley,
Director of AMA Research. “Many companies
that originally focused on single materials – e.g. aluminium, PVCu or timber –
have extended their product ranges to include alternative products in order to
widen channel exposure.”
All sectors of the residential door market are likely to
benefit from the continuation of the current trend for maximising daylight
which that promotes the increased use of glazed products specified for all
three product categories. It is likely that composites will continue to gain
share of the entrance door market, mainly at the expense of PVCu, although not
at the same rate of growth in previous years, while bifolds will become more
prominent in the ‘patio’ door sector.
Current forecasts indicate steady good growth into the
medium-term with the residential doors market forecast to grow by 3-5% per
annum until 2020. However, market growth could be compromised by the UK’s
decision to leave the EU, which could lead to less buoyant consumer confidence
and spending than previously forecast. While it is too early to forecast the
impact of Brexit, the early signs are reasonably positive though a fall in
housebuilding levels will undoubtedly impact negatively on the market.
The ‘Residential
Doors Market Report – UK 2016-2020 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.amaresearch.co.uk or by calling 01242
235724.
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