Countries covered: United Kingdom
AMA Research have published the 8th Edition of the report “Door & Window Fittings Market - UK 2009-2013”. This unique report incorporates original research and represents a comprehensive and up-to-date review of this fragmented market, which has been under pressure in recent years primarily as a result of saturation in the replacement door and window market and an increase in low cost imports.
Product areas covered are:
LOCKS - Rim, Mortice, Espagnolettes, Multi-Point, Shoot Bolts, Window Locks, Latches.
HANDLES - Windows, Doors.
HINGES - Butt, Friction Stays, Casement Stays.
GENERAL - Door Closers, Ventilators, Tilt ‘n’ Turn/ Patio Gearing, Sliding Gear, Balances, Exit Hardware, Signs, Letterplates etc.
In addition to the major product sectors, the report also includes a review of developments in the window and door market including:
Domestic, Commercial and Public Sectors.
New Housing and Replacement Markets.
Windows, Hinged Doors, Patio Doors.
PVC-U, Timber, Composites, Aluminium.
The above factors have a major influence of the fittings market with trends in each sector affecting the choice of locks, handles and hinges, as well as influencing the source of supply and channels of distribution. The report is written by professionals with direct experience of the window industry and analyses the major developments in the market with comment on future developments, particularly in 2009-2010.
Companies included:
ASSA Abloy, Avocet Hardware, Balance UK, Basta Parsons, Besam Ltd, Carl F Petersen, Chubb Locks Custodial Services, Cotswold Architectural Products, DGS (Double Glazing Supplies) Group, Dorma UK, ERA Products Ltd, Geze UK, Gretsch-Unitas Ltd, Groupco, Häfele, Heywood Williams, Hoppe (UK) Ltd, Ingersoll Rand Security Technologies, Kaba Door Systems, Lowe & Fletcher, LSH (UK) Ltd, LSSD Security Systems, MACO UK, Mul-T-Lock, Paddock Fabrications, Roto Frank, Schlegel Building Products, Securistyle, Titon Hardware Ltd, UNION Architectural Hardware, VBH (GB) Ltd Winkhaus, Yale UK
Key areas of coverage in the report include:-
WINDOW AND DOOR MARKET
Window market - volumes, recent trends, split between new housing/ home improvement/ non-housing, frame materials and window styles. Key influencing factors, future prospects.
Hinged Doors - Market size and recent trends - New Housing/Home Improvement mix, Public/private sector mix. Frame materials - growth of composites. Future Prospects.
Patio Doors - Market volumes. New Housing/Home Improvement mix. Frame materials mix, trends in new build and home improvement sector, future prospects.
DOOR AND WINDOW FITTINGS MARKET
Total market size 2003-2013, key trends, market conditions in 2008-09 with forecasts through to 2013, sales mix of major product groups and future prospects.
Key Influencing factors- review of housing and construction market including trend towards apartment building, legislation & standards, imports and raw material prices.
Analysis of supply and distribution structure for fittings - influence of leading groups, industry rationalization, acquisition activity, strength/weaknesses of major distribution channels, recent developments, future trends.Major suppliers in the market - market shares in 2008, areas of strength and company details.
Review of major distribution channels -Merchant/DIY/Independents/Architectural Ironmongers/Door & Window Fabricators, Systems, Distributors/Locksmiths - shares and major players within each.
LOCKS
Market size by value 2003-2013, trends, reasons for growth, effects of current climate.
Product mix - rim, mortice, espagnolette, multi-point etc - door locks, window locks, product developments and trends, growth in electronic security systems.
Suppliers - Major suppliers by sector - retail, commercial, direct sell replacement market. Role of distributors/ suppliers, supply structure and market shares.
Distribution - Channel mix, strengths and weaknesses, trends and changes in distribution.
HANDLES
Market Size 2003-2013 - domestic and non-domestic sectors, door/window mix, new build & replacement market, recent trends and future prospects.
Key influences, frame materials, window designs, review of new build/replacement markets, purchasing criteria, legislation & standards, product development etc.
Suppliers - key suppliers by sector, supply and distribution structure, trends, own brand growth.
Distribution - Channel mix, recent trends, range of suppliers/distributors, growth in imports.
HINGES / STAYS
Market Size 2003-2013 - product mix; butt hinges, friction hinges, etc. Changing market trends, future prospects.
Reviews of friction hinge and butt hinges markets, usage by frame material, new build/replacement markets.
Suppliers - leading suppliers, different supply structure/customer base, growth of imports, friction hinge market shares.
Distribution - channel mix, review of key channels, role of distributors, future trends.
OTHER FITTINGS
Market Size by value 2008 - door closers, ventilators, window locks, tilt ‘n’ turn/patio gearing, emergency exit hardware, balances, signs/number plates, letterplates, bolts/padlocks/chains etc.
Market trends - areas of growth/decline, changes in building regulations, future prospects.
Each sector reviewed separately, importance of domestic/commercial applications, product trends, key influences, major suppliers and distribution channels for each sector. Future prospects.
Additional Information
Within our definition, the market for door and window fittings is estimated at around £430m in 2008, representing a significant decline on 2007. This is reflected in the chart, left, which shows the performance of the market since 2001, with forecasts until 2013. In 2008, the market is estimated to have declined by over 15%, reflecting very difficult trading conditions in most key end-use sectors. In terms of product mix within the market, the two largest sectors are locks and handles, which account for around two thirds of the market by value. We estimate that hinges and door closers represent a further fifth of the market.
As a component supplier to the UK door and window replacement market, this market has been significantly hit in 2008, with difficult conditions persisting into 2009. The UK house-moving market, which slumped in 2008, is significant for the door and window fittings market both because of its influence on the replacement window market, but also in terms of general renovation projects. The new build market - another important sector - has also experienced a severe downturn in 2008, with new build volumes declining by over 30%. There is also a retrofit market for existing homeowners, which has been depressed and unlikely to recover in the uncertain economic climate in 2009.
The market is relatively fragmented and characterised by quite complex relationships, with some manufacturers also acting as distributors in this UK market, and, as a result, effectively distributing competing products;
A key feature of the market in general for some time now has been low profit margins, due to a combination of saturated markets, increasing competition, an increase in low cost imports and high raw material prices.
Inevitably, prospects for the door & window fittings market are closely linked to the performance of the door and window markets and the glazing industry in general. At the time of writing in early 2009, the UK economy is in recession, and the window and door market is mature and in decline. Our forecasts, therefore, anticipate a difficult year in 2009 with a further decline of 10-15% and little prospect of any upturn in 2010. The new housing market is not likely to see improvement before 2010 and even then increases are likely to be modest, though longer term prospects remain favourable given the underlying shortage of housing in the UK.
In the public sector, some PFI funded projects would seem likely to stall in 2009, as a result of the credit crunch and the lack of availability of funding. In early 2009, whilst the government has made a commitment that public spending will be advanced in order to sustain the economy, there are concerns that advancing and/or increasing public spending now must lead to cuts in public spending later as outlined in the April Budget.
Gradual consolidation has been a constant feature of this market over the past decade. This is likely to continue and, in the current economic climate, the pace of consolidation may accelerate as the volume erosion of over 30% in 2008-10 will undoubtedly erode the viability of some operations.
Related Reports:
Australia Infrastructure Report Q1 2010
China Infrastructure Report Q1 2010
India Infrastructure Report Q1 2010
Czech Republic Infrastructure Report Q1 2010
Turkey Infrastructure Report Q1 2010
Argentina Infrastructure Report Q1 2010
Non-Domestic Construction and RMI Forecasts Bulletin - GB 2009-2013 Issue 9
Housebuilding and RMI Forecasts Bulletin - GB 2009-2013
Consulting Engineers Market
Indonesia Infrastructure Report Q1 2010
|
(0 items)
