The UK pipes and fittings market has achieved
good levels of growth over the last five years, and although growth has slowed
more recently, the market has achieved overall value growth of 21% since 2012. Key
factors influencing market growth in recent years include increasing levels of
demand from key end-use sectors, principally in new housebuilding and
non-domestic construction, and rises in raw material prices such as copper and
plastic over the last two years. The plumbing pipe systems sector accounts for over
half of the pipes and fittings market, as defined by AMA Research, with the
rainwater, soil and waste products sector accounting for the remainder.
Flexible plastic plumbing pipe systems are the dominant
material used in hot and cold potable water
installations, particularly for new build. Factors driving the growth of
the plastic sector include technological developments, improved reliability,
installation efficiency, the growth of underfloor heating and the price
advantage over metal products. In addition, in the residential sector, the
faster rate of growth of new build, compared with RMI, has boosted the market
share of plastic, as plastic tends to dominate the new build sector.
Hayley Thornley, Research Manager at
AMA Research, commented:
“In particular,
plastic push-fit and press-fit fittings have experienced growth due to the
considerable savings made on installation time. In addition, with increasing
health and safety legislation, and the lack of ‘traditional’ skills of
soldering and welding pipework, there has been a continuing shift in the market
towards flame free jointing. Use of multi-layer barrier pipes, including a
metal layer to protect against degradation, has also grown significantly in the
water supply sector.”
Although the market for copper pipe has grown relatively more
slowly in recent years, it is still used across the majority of heating
installations, and copper pipe remains a popular choice among plumbers,
particularly in exposed areas, where its ‘traditional’ aesthetic appeal remains
strong, and copper shows signs of starting to stabilise its market share
PVC-U continues to dominate the above ground rainwater
guttering, soil and waste pipework sector. There is continuing demand for
seamless aluminium guttering and cast-iron effect PVC-U guttering, which provides
the effect of cast iron.
The focus on reducing water consumption has increased in
recent years and rainwater harvesting has become an important way of achieving
this, especially in densely populated areas, such as London and the South East,
where water shortages are more likely.
The outlook for the UK pipes and fittings market in 2018
is moderately positive, supported by continued growth in construction levels
and RMI expenditure, though the rate of growth is likely to be slower than in
the period 2012-2016. However, residential RMI
– which the market is highly reliant on - is likely to experience low annual
growth rates reflecting weaker consumer confidence, rising inflation, a
reduction in the DIY skills base and fewer high value RMI projects such as
bathrooms, kitchens and extensions. A flat house moving market is also having a
negative impact on RMI activity at present.
The ‘Pipes and Fittings Market Report – UK 2018-2022’ 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.
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