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RELEASED: AUGUST 2008
After researching the UK architectural ironmongery market development and taking into account various other factors the following conclusions can be drawn from MBD's report:
MARKET REVIEW 2003-2007:
The value of the UK market for architectural ironmongery is believed to have increased year-on-year during the period under review, to £1157.4 million in 2007. This represents estimated 6% growth in the year, and a 16% increase compared with 2003. The development of the market since 2003 is a reflection of performance of the UK construction industry, which has reported buoyant conditions throughout the review period, particularly within new housing output and office construction sectors.
MARKET FORECAST 2008-2012:
The UK market for architectural ironmongery is expected to increase during each year of the forecast period, to £1336.9 million (at 2007 prices) by 2012. Annual levels of real term growth are projected to peak at 4% in both 2009 and 2010, to £1266.4 million (at 2007 prices) in the latter year. More moderate real term growth rates of 2% and 3% are anticipated in 2011 and 2012 respectively. Overall, demand is expected to increase by 16% in real terms between 2007 and 2012.
NOTE TO EDITORS:
MBD specialises in business to business market research. The range of reports and industries in which we operate in constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.
Click here for full details of the UK Architectural Ironmongery Market Research Report
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