Interior Refurbishment Market Report - UK 2012-2016 Analysis

AMA Research are pleased to announce the publication of the 4th Edition of the report ‘Interior Refurbishment and Fit-Out Market Report - UK 2012-2016 Analysis’. This report provides a detailed insight into this market, providing analyses of key trends in the industry, together with a review of key end-use sectors.

Following a buoyant period up to 2008, this £multi-billion market experienced a downturn in 2009-10, largely driven by decline in the commercial office and retail sectors, though the public sector has been reasonably strong to date with some recovery in 2011.

Despite the downturn in new build, fit-out and refurbishment has been more buoyant and prospects are more optimistic for 2012-16 as companies and public sector organisations focus more on refurbishing / upgrading existing properties. Performance between sectors and regional areas will vary, with underlying prospects in the medium term largely dependent on the timing and speed of economic recovery.

Key areas covered include:

Review of the overall fit-out and interior refurbishment market – market size, trends 2006 –2011, including construction output, etc.
Review of key end use market sectors – offices, retail, education, healthcare & leisure. Overview of trends in end-use sectors in terms of capital expenditure. Assessment of trends in demand for fit-out/interior refurbishment & future prospects for 2012-2016.
Contractors review – review of leading main contractors; trends within the supply sector. Profiles of leading players in market: sales, geographical coverage, main end-use sectors etc.
Forecasts up to 2016 – market forecasts, key factors influencing future prospects.

Of particular interest:

Review of key trends in fit-out & interior refurbishment – recent developments and market prospects up to 2016.
Switch from new build to refurbishment – education, healthcare, offices etc.
Review of key market sectors, development pipelines, current trends, prospects and key drivers.
Market structure – specialists, general contractors, regional players etc – changes in 2011/12, framework agreements etc.
Assessment of market prospects and key drivers – impact of Coalition Government policies.

Leading contractors profiled in the report include:

Balfour Beatty, Beck Interiors, Byrne Group, Como Interiors, Ellmer, Galliford Try, Geoffrey Osborne, Havelock Europa, ISG, John Graham (Dromore), Laing O’Rourke, Longcross, Mansell, Morgan Sindall, Morris & Spottiswood, Mulalley & Co, Overbury, RG Carter, RG Group, Robertson,S. Dudley & Sons, Seddon, Shepherd FM, Styles & Wood, Thomas Vale.

Key areas covered in the report include:

MARKET OVERVIEW

Market size by value 2006 -2011. Forecasts for 2012 and through to 2016.
Key market influences e.g. office vacancy & take-up rates, consumer spending, capital investment trends, key product price trends, average wage increases by types of trade.
Overview & comparison of fit-out/interior refurbishment projects by types of trade.
Future prospects: Short term – difficult conditions in office and retail sector prevailing, switch from new build to refurbishment, supermarket roll-out programmes remaining significant. Medium term – balance between downturn in education and health sectors, but recovery in private sector – timing and speed?
Risks to market growth – impact of economic downturn, Coalition Government policies, spending plans, variable performances in some key refurbishment markets.

MARKET ANALYSIS OF KEY END USE SECTORS.

Market mix by end-user sector - by contractors output values at 2011, with forecasts up to 2016. Share by sector of fit-out market.
Review of key end-use sectors & main sub-markets including:- Commercial offices (Central London, business parks, provincial cities); Retail (supermarkets, High Street multiples); Education (schools, universities, student accommodation); Healthcare (hospitals, primary healthcare facilities): Leisure (hotels, restaurants, pubs, betting premises, Olympic Games) etc.

Recent trends in end-use sectors: - offices, retail, leisure, education, health, industrial etc - industry performance & underlying market drivers, trends in capital expenditure, switch from new build to refurbishment,  mix changes (public / private sector) and recent trends in demand for fit-out & interior refurbishment.
Changes in structure in key end-user sectors; underlying market drivers, impacts on demand for fit-out and refurbishment, key growth sectors in 2012-13 and up to 2016, Office pipeline in London, Education / Healthcare funding programmes, retail developments etc.
Analysis of typical fit-out/interior refurbishment projects – review of key project types, costs, growth of RMI.
Short to medium prospects within key end-use sectors & implications for fit-out & interior refurbishment contractors, development pipelines etc.

INTERIOR REFURBISHMENT - MARKET STRUCTURE & SUPPLY

Review of industry structure & trends e.g. market concentration & structure, low entry levels, changes in industry structure 2010-2012, loss of key contractors.
Major players – market positioning, key sectors etc.
Company profiles for leading fit-out contractors, leading shopfitters.