Domestic Kitchen and Bathroom Worktops Market Report - UK 2011-2015 Analysis

Countries covered: United Kingdom AMA Research have published the Second Edition of the report 'Domestic Kitchen and Bathroom Worktops Market Report - UK 2011-2015 Analysis”. This report represents a brand new review of the sector with original input and primary research to generate views and opinions on the sector’s development in these difficult times. Product sectors covered in the report include: Laminates Solid Surface and Composites Wood Stone Other The UK domestic worktop market had been growing in volume and value until the impact of the recent recession, but like other higher value consumer goods is now under pressure, both from the housebuilding sector and the home improvement sector. Forecasts suggest that the market is likely to improve marginally in value terms during 2011, followed by further improvements in the period to 2015 as the levels of consumer confidence improve. Key points of particular interest: Forecasts for 2011 through to 2015. Will the trend towards professional installation be sustained with consumers looking to trim costs where possible? Are increasing raw material prices likely to curtail future growth in the market? Mix of different types of worktops, how is the mix developing? Some of the companies featured include: B & Q, Bathstore.com, Betta Living, Bushboard, DuPont, Egger (UK), Everest, Formica, Homebase, Howden Joinery, IKEA Group, In-toto, ITW, J.T. Ellis and Company Ltd, Jewson, Kitchens Direct, Kronospan Holdings, Lechner UK Ltd, LG Hausys Ltd, Magnet, Magnet Trade, Moben, National Kitchens UK, Pfleiderer Industrie, Resopal GmbH, Shades Furniture, Smallbone, Sylmar Solid Surfaces, The Symphony Group, Travis Perkins, Utopia Furniture, Westag & Getalit AG, Wickes, Wilsonart UK, Wren Kitchens. Key areas covered in the report include: THE WORKTOP MARKET Total Kitchen and Bathroom Worktops markets, overall market sizes. Overall kitchen furniture, worktops and sinks market for perspective. Overall bathroom furniture, worktops and sinks market for perspective. Market development, analysis of market size by value 2005-2010. Forecasts of market sizes through to 2015. Factors influencing Market Development - demographics, house building market collapse, economic situation, consumer confidence, growing influence of design/style changes, population mix changes, etc. PRODUCTS Trends in Design/Materials in Worktops - key materials covered include laminates, solid surface, natural stone, solid wood, others, such as glass, stainless steel etc. Share mix by material for kitchen worktops. Share mix by material for bathroom worktops. Key trends - colour/pattern trends in worktops, growth of non-laminate materials such as solid surfaces, wood, stone, stainless steel, advantages/disadvantages, new product developments. Main features and benefits of the different worktop types. DISTRIBUTION / SUPPLIERS Analysis of Supply Structure. Profiles of Leading Worktop Suppliers - market position, analysis of activities, financial information and so on. Distribution Channel Shares - analysis of shares by value, trends/developments in shares, growth/declining sectors. Assessment for kitchen worktops and for bathroom worktops. Key sectors assessed include - Furniture Multiples, DIY Multiples, Builders’ and Plumbers’ Merchants, Direct Contract, Retail Specialists, Department Stores, Worktop specialists, Direct sales, Internet retailers.  KEY MARKET INFLUENCES /FUTURE PROSPECTS Future Prospects - forecasts through to 2015, key factors influencing future market developments, performance of the economy, housing market, consumer confidence, market factors, and future growth prospects. Housing Market - analysis of developments in new house building and house moving activity, influence of house prices and consumer confidence. Population Profile - analysis of changing profile and implications for kitchen furniture sales. Personal Disposable Income and Savings - developments in ratios and impact on consumer durable purchasing. Economic Influence - unstable global political and economic environment and the effect on consumer confidence and market growth.

Additional Information

The value of the total kitchen worktop market is estimated to have declined from £190m in 2007 to £160m in 2010, mainly as a result of the declining economic environment, the deferral of high ticket purchases by consumers, contraction in the housebuilding sector, a severe reduction in the number of house purchases and the high level of price competition.

The kitchen furniture and worktops market is at the mature stage of its product lifecycle. Consumer awareness is high and purchasing decisions tend to be based on design, colour and materials. Since awareness is high, consumers are constantly looking to new ideas or solutions to create different design statements in their homes, hence the introduction of curved units and innovative storage solutions.

The distribution channel structure has experienced some changes in recent years, with lower growth in the furniture multiples sector, due to the decline of MFI, whilst the builders’ merchants sector has shown solid growth, particularly with the growth achieved by the Howden Joinery chain.

In the short term margins are likely to be squeezed further by the increasing cost of raw materials, particularly chipboard and metal components, although kitchen worktop manufacturers have a good record in absorbing cost increases generally, nevertheless, some of these increases are bound to be passed on.

The worktop sector is expected to achieve reasonably good growth in the medium term, mainly because of the gradual shift to higher quality materials. The market for kitchen worktops is forecast to return to growth in the 2012-2015 period, reaching £195m by 2015, as the UK emerges slowly from the recession. Worktops will account for around 14% of the total kitchen furniture, worktops and sinks market by the end of the period under review.

The bathroom worktop market has shown growth, although it remains a small sector of the overall sanitaryware and bathroom furniture market - accounting for around 10% at the present time. It is also a small market when compared to the kitchen worktop market - being the equivalent of around 10-11% of that market.

As in the kitchen sector, solid surfaces for worktops have increased in popularity, partly because they can be worked into any shape and can create a seamless joint between the basin, worktop and splashback.

In the housing market there has been growth in the number of second bathrooms, the installation of en-suite facilities and the number of properties with additional cloakrooms. However, in recent years there has been a trend towards more flats and apartments in the new housing sector and this has limited the growth in bathroom furniture and worktops.

Builders’ and plumbers’ merchants are the major distributors for bathroom worktops with around 34% of the market, followed by bathroom equipment specialists with a 23% share and DIY multiples with 18% of the market.

The value of the bathroom worktops market is estimated to have reached £11m in 2010, having fallen from £13m in 2007, as the economic situation deteriorated in the UK and consumer confidence declined. The market for bathroom worktops is forecast to show modest growth in 2011 and to continue to 2015, when the market is expected to have recovered to above its 2007 level.

More United Kingdom Home Building & Improvement Reports

Residential Building Construction in the UK - Industry Market Research Report by IBISWorld
Residential Building Construction in the UK This industry includes contractors undertaking new work, remodelling, renovations and repairs of residential buildings including single-family houses, multi-family buildings (high-rises), ...

Housing Associations Market Report - UK 2012-2016 Analysis by AMA Research
AMA Research are pleased to announce the publication of the eighth edition of the report ‘Housing Associations Market Report – UK 2012 – 2016 Analysis’. ...

UK Bathroom Equipment Market Development by Market and Business Development
MBD have published the UK Bathroom Equipment Market Development report, detailing analysis on sanitaryware and toiletware, showers and enclosures, whirlpool baths, basins, toilets, bidets, spars ...

Building Societies in the UK - Industry Market Research Report by IBISWorld
Building Societies in the UK Building societies are cooperative financial institutions that are owned by their members (i.e. their customers, depositors and borrowers). Like banks, they ...

Internet Plumbing and Heating Market Report - UK 2012-2016 Analysis by AMA Research
AMA Research are pleased to announce the publication of the 2nd edition of the report “Internet Plumbing and Heating Market Report - UK 2012-2016 Analysis”. ...

See all reports like this >>

More United Kingdom Reports

A Comprehensive Study Of The UK Video Conferencing Equipment Market In 2010, Rating & Valuing Each Of The 30 Companies That Operate In Today's Market by Plimsoll Publishing Ltd.
The Plimsoll Analysis provides you with the most up to date and comprehensive analysis of the top 9 companies operating the market. It is ...

A Comprehensive Study Of The UK Tableware Market In 2010, Rating & Valuing Each Of The 166 Companies That Operate In Today's Market by Plimsoll Publishing Ltd.
The Plimsoll Analysis provides you with the most up to date and comprehensive analysis of the top 9 companies operating the market. It is ...

A Comprehensive Study Of The UK Surveyors & Valuers Market In 2010, Rating & Valuing Each Of The 943 Companies That Operate In Today's Market by Plimsoll Publishing Ltd.
The Plimsoll Analysis provides you with the most up to date and comprehensive analysis of the top 9 companies operating the market. It is ...

A Comprehensive Study Of The UK Subsea Engineering Market In 2010, Rating & Valuing Each Of The 142 Companies That Operate In Today's Market by Plimsoll Publishing Ltd.
The Plimsoll Analysis provides you with the most up to date and comprehensive analysis of the top 9 companies operating the market. It is ...

A Comprehensive Study Of The UK Structural Engineering Consultancy Market In 2010, Rating & Valuing Each Of The 300 Companies That Operate In Today's Market by Plimsoll Publishing Ltd.
The Plimsoll Analysis provides you with the most up to date and comprehensive analysis of the top 9 companies operating the market. It is ...

See all reports like this >>