Event Equipment Hire Market Report - UK 2012-2016 AnalysisAMA ResearchOctober 11, 2012 75 Pages - SKU: AJLA4911922 |
Additional Information
The UK event equipment hire market (excluding conferences & meeting events) is estimated to be worth some £510-530 million in 2011. Benefiting from growth in the overall events market, the event equipment hire market grew year-on-year to 2008, before the recession impacted on the market. However, suppliers to the events sector have fared better than those to other end-sectors such as construction and industrial maintenance.The event equipment hire market has outperformed the events market in recent years due to increased demand for value added equipment, such as upgraded welfare units, temporary structures, interiors and audio-visual requirements.
The number of outdoor events has increased in recent years and is likely to continue in the future that is expected to provide increased equipment hire opportunities as site infrastructure is required including structures, generators and welfare units. Key market influences on the event equipment hire market are the events sector (itself dependent on the weather), the general economic economy and local economies in particular, health & safety legislation and market competition.
Annual growth rates slowed once the recession hit, with end-use sectors such as corporate events being the first to be impacted by company budget restraints. The hire equipment market experienced challenging conditions in 2009 and 2010, but returned to growth in 2011 benefiting from the Royal Wedding and an increasing interest in events, particularly outdoor events, as more people spent their vacations in the UK. This is a highly complex and fragmented market, with very few total event equipment hire companies. Some sectors are more highly fragmented than others, with for instance there being hundreds of companies supplying toilets, but fewer, albeit larger companies, supplying audio-visual equipment. Cross hiring is a significant feature of this market as hire companies undertake contracts where their equipment ownership levels are exceeded.
The market has performed extremely well in 2012, being boosted by a number of major events including the Queen’s Diamond Jubilee celebrations, the London 2012 Games (Olympics and Paralympics), the torch relays and Cultural Olympiad. Whilst some other events were cancelled for a number of reasons, the market managed to grow and future prospects for the market look positive.
It is difficult to quantify the product mix as no two events are alike, but it is estimated that the largest equipment hire sectors are staging, structures & seating and portable buildings & sanitation. Other important hire sectors are power generation & climate control, audio-visual & specialist lighting and traffic & crowd control, signage, security & portable access. Other products include interiors and access equipment & other plant.
- 1. INTRODUCTION
- 1.1 BACKGROUND
- 1.2 SOURCES OF INFORMATION
- 2. SUMMARY AND FUTURE PROSPECTS
- 2.1 SUMMARY
- 2.2 FUTURE PROSPECTS
- 3. ECONOMIC ENVIRONMENT
- 3.1 GDP
- 3.2 INFLATION & INTEREST RATES
- 3.3 UNEMPLOYMENT
- 3.4 HOUSEHOLD CONSUMPTION
- 3.5 HOUSING & CONSTRUCTION
- 3.6 STERLING
- 3.7 POPULATION PROFILE
- 3.8 CONCLUSIONS
- 4. THE EVENTS INDUSTRY
- 4.1 OVERVIEW OF EVENTS INDUSTRY
- 4.2 EVENT ORGANISING SECTOR
- 5. EVENT EQUIPMENT HIRE MARKET
- 5.1 DEFINITION
- 5.2 OVERVIEW OF EVENT EQUIPMENT HIRE SECTOR
- 5.3 EQUIPMENT HIRE MARKET STRUCTURE
- 5.4 MARKET SIZE
- 5.4.1 Background and Recent Performance
- 5.4.2 Future Prospects
- 5.5 EVENT EQUIPMENT HIRE MARKET SECTORS
- 5.6 EVENT EQUIPMENT HIRE PRODUCT SECTORS
- 6. EVENT EQUIPMENT HIRE COMPANIES
- 6.1 MARKET STRUCTURE
- 6.2 HIRE COMPANIES
- 6.2.1 Staging, Structures, Seating and Marquees Hire Companies
- 6.2.2 Portable Buildings and Sanitation Hire Companies
- 6.2.3 Power Generation & Climate Control Hire Companies
- 6.2.4 Audio-Visual and Specialist Lighting Hire Companies
- 6.2.5 Traffic & Crowd Control, Signage, Security, Portable Access Solutions
- 6.2.6 Interiors Hire Companies
- 6.2.7 General Equipment Hire Companies
- 7 PRODUCTS
- 7.1 STAGING, STRUCTURES, SEATING AND MARQUEES
- 7.2 PORTABLE BUILDINGS AND SANITATION
- 7.3 POWER GENERATION & CLIMATE CONTROL
- 7.4 AUDIO-VISUAL AND SPECIALIST LIGHTING
- 7.5 TRAFFIC & CROWD CONTROL, SIGNAGE, SECURITY & PORTABLE ACCESS SOLUTIONS
- 7.6 INTERIORS
- 7.7 ACCESS EQUIPMENT AND OTHER PLANT & TOOLS PRODUCTS
- 7.8 OTHER HIRED EQUIPMENT
- List of Tables and Charts
- CHART 1: UK EVENT EQUIPMENT HIRE MARKET 2006-2016 (£M)
- CHART 2: INTEREST RATES AND INFLATION (CPI) FROM 1992-2016
- CHART 3: PDI & SAVINGS RATIO AT CURRENT PRICES 1992-2016
- TABLE 4: EXCHANGE RATE FLUCTUATIONS 2008-2014 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES
- CHART 5: AGE DISTRIBUTION OF THE RESIDENT UK POPULATION MID-2010 (‘000)
- CHART 6: UK EVENTS MARKET BY SECTOR (EXHIBITIONS/TRADE SHOWS, MUSIC, SPORT, FESTIVALS/CULTURE & CORPORATE HOSPITALITY) – BY VALUE 2011
- TABLE 7: ENTERPRISES INVOLVED IN CONVENTION AND TRADE SHOW ORGANISING SERVICES REGISTERED FOR VAT BY TURNOVER BAND – (%) 2011
- CHART 8: ENTERPRISES INVOLVED IN CONVENTION AND TRADE SHOW ORGANISING SERVICES REGISTERED FOR VAT BY EMPLOYMENT SIZE – (%) 2011
- CHART 9: EVENT EQUIPMENT HIRE DISTRIBUTION STRUCTURE
- TABLE 10: UK EVENT HIRE MARKET AT HIRE MARKET PRICES 2006-2012
- TABLE 11: UK EVENT EQUIPMENT HIRE MARKET AT HIRE MARKET PRICES 2012-2016
- CHART 12: UK EVENT EQUIPMENT HIRE MARKET BY SECTOR (EXHIBITIONS/TRADE SHOWS, MUSIC, SPORT, FESTIVALS/CULTURAL, CORPORATE) – BY VALUE 2011
- TABLE 13: UK EQUIPMENT HIRE MARKET SIZE BY PRODUCT TYPE (STAGING/STRUCTURES, PORTABLE BLDGS/SANIT. POWER GEN, AV/LIGHTING, INTERIORS, TRAFFIC/SECURITY, ACCESS/TOOLS) - BY VALUE 2011(£M) ,
- TABLE 14: ESTIMATED SHARES BY TYPE OF HIRE COMPANY BY HIRE PRODUCT SECTORS (SPECIALISTS, PLANT & TOOL HIRE GENERALISTS) - 2011
- CHART 15: MIX OF EQUIPMENT HIRE IN EVENTS SECTOR (STAGING/STRUCTURES, PORT. BLDGS/SANIT, POWER GEN/CLIM. CONTROL, AV/LIGHTING, INTERIORS, ACCESS, TRAFFIC/SECURITY ETC) - BY VALUE - 2011
- CHART 16: MIX OF EQUIPMENT HIRED IN THE STAGING, STRUCTURES/MARQUEES, &SEATING SECTOR – BY VALUE 2011
- CHART 17: MIX OF EQUIPMENT HIRED IN THE PORTABLE BUILDINGS AND SANITATION SECTOR (WELFARE/SANITATION, MKTG/ADMIN, TICKETS/STORAGE, PORTABLE KITCHENS) – BY VALUE 2011
- CHART 18: MIX OF EQUIPMENT HIRED IN THE POWER GENERATION & CLIMATE CONTROL SECTOR (GENERATORS/PUMPS, CLIMATE CONTROL, LIGHTING/COMPRESSORS ETC) – BY VALUE 2011
- CHART 19: MIX OF EQUIPMENT HIRED IN THE AUDIO-VISUAL & SPECIALIST LIGHTING SECTOR – BY VALUE 2011
- CHART 20: MIX OF EQUIPMENT HIRED IN THE TRAFFIC & CROWD CONTROL, SIGNAGE, SECURITY AND PORTABLE ACCESS SECTOR – BY VALUE 2011
- CHART 21: PRODUCT MIX OF TEMPORARY TRAFFIC LIGHTS HIRE BY POWER TYPE BY VOLUME - 2011
- CHART 22: MIX OF EQUIPMENT HIRED IN THE INTERIORS SECTOR (TABLES & CHAIRS, FLOORING & MATTING, OTHERS) – BY VALUE 2011
- CHART 23: MIX OF EQUIPMENT HIRED IN THE ACCESS, MATERIAL HANDLING, LANDSCAPING AND OTHER PLANT & TOOL SECTOR – BY VALUE 2011
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