|
RELEASED: JULY 2010
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 anticipated to decline by 14% in volume terms, to 48 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.
MARKET FORECAST 2011-2015:
In 2011, the UK market for ceramic tiles is forecast to decline by a moderate 2% to 47.1 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 fluctuate between 2% and 5%. The decline projected for 2010, is a reflection of the continued economic uncertainties, 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 14% 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 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 Ceramic Tiles Market Research Report
MBD WELCOMES PRESS ENQUIRIES:
Press releases on the latest MBD market research reports can be sent to editors and journalists involved in trade magazines.
Full press releases are available, please email your request, along with the magazine title you are writing for, to pressoffice@mbdltd.co.uk.
|
