Industrial Market Research Reports byMBD MARKET RESEARCH REPORTS |
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Released: November 2010 After researching the UK bathroom equipment market development and taking into account various other factors the following conclusions can be drawn from MBD's report: Market Review 2006-2010: In 2010, the UK market for bathroom equipment is believed to have declined by a moderate 2% to £1966 billion at RSP, consolidating the 6% and 17% declines in 2008 and 2009 respectively. This reflects the reduction in demand for the UK construction market due to the recent economic downturn. Indeed, overall between 2006 and 2010, the value of the market is expected to decline by a cumulative 18%. Market Forecast 2011-2015: The UK market for bathroom equipment is expected to increase during each year of the forecast period. Indeed, demand is expected to increase by 3% in 2011, taking the value of the market to £2.082 billion. This indicates the current state of recovery of the UK economy and the increased levels of DIY activity expected. MBD expect the sector to increase by a cumulative 26% between 2010 and 2015 taking the value of the sector to £2.477 billion in the latter year. Annual growth rates are expected to peak at 6% in 2014.
Note to Editors: MBD specialises in business to business market research. The range of reports and industries in which we operate in is 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 Bathroom Equipment Market Research Report
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