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Press Release: UK Ceramic Tiles Market Development Report

Released: March 2011

After researching the UK ceramic tiles 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 ceramic tiles is believed to have declined by 8% in volume terms, to 51.7 million m². This is expected to consolidate strong declines of 21% and 23% recorded in 2008 and 2009 respectively. Demand for ceramic tiles is strongly linked to the construction market, in particular in the private and public residential sectors. However, as new housing construction has declined since 2008 due to deteriorating economic conditions this has resulted in reduced demand for ceramic tiles. Increased pressures on household finances, and the tighter lending criteria imposed by banks, has also exerted a downward pressure on the DIY market during the latter three years of the review period, thus negatively affecting demand for ceramic tiles.

Market Forecast 2011-2015:

In 2011, the UK market for ceramic tiles is projected to decline by a 3% to 50.1 million m2. This is anticipated to be followed by annual increases in the subsequent four years of the forecast period, with annual growth levels expected to increase from 1% to 9%. The anticipated decline during 2011 is a reflection of the continued economic uncertainties along with the increase in VAT, although conditions are expected to improve. The stronger growth predicted from 2012 onwards is dependent on a stronger economic development and an upturn in new housebuilding activity. Overall, MBD forecast the UK market for ceramic tiles to increase by 19% between 2010 and 2015.

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.

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