As the UK Private Housing Market Cools Down, Overall Market growth for Baths and Sanitaryware is Expected to Slow Down in 2006.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c27548) has announced the addition of Baths and Sanitaryware Market Report 2005 to their offering. This market report covers all types of sanitaryware (toilets, urinals, cisterns, washbasins, pedestals and bidets of vitreous vitreous /vit·re·ous/ (vit´re-us) 1. glasslike or hyaline. 2. vitreous body. primary persistent hyperplastic vitreous china/ceramic, plastic or metallic materials) and baths (of acrylic, metal and other materials). The total baths and sanitaryware market was worth an estimated GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 421.2m at manufacturers' selling prices (msp) in 2004, reflecting strong growth on the previous 2 years. With over 25 million homes in the UK, the private housing market is traditionally the driver of growth, providing strong opportunities for replacement sales as householders invest in property. However, substantial government investment in the social housing sector, with a mandate to bring homes up to a `decent standard' by 2010, has also created replacement opportunities within the public housing sector. Leading UK manufacturers are Ideal Standard (which owns the Armitage Shanks Armitage Shanks is a British manufacturer of bathroom fixtures and plumbing supplies. In 2004 Armitage Shanks had eight factories in the UK, the largest in Armitage, Staffordshire. Armitage Shanks is one of the sponsors of the Loo of the Year Awards. brand), Twyford Bathrooms, Jacuzzi UK and Qualceram Shires. All of these companies are now under foreign ownership, with products being transferred across borders between plants. At the same time, an ever-increasing volume of imported material is providing greater competition, both in the low-cost DIY DIY abbr. do-it-yourself DIY or d.i.y. Brit, Austral & NZ do-it-yourself DIY abbr DIY do it yourself a DIY shop/job. sector and among higher-value bathroom specialists. Today's consumer demands contemporary design often at an affordable price, but opportunities also exists to sell higher-value products to a more aspiring market. Competition throughout Europe is fierce, with manufacturers attempting to reduce production costs and to build strong brands in the face of cheaper Eastern imports. However, at the same time, emerging markets also create export opportunities for European and US manufacturers. It is likely that there will be further mergers and acquisitions on a global scale over the next few years, to take advantage of these markets and to stave off stave n. 1. A narrow strip of wood forming part of the sides of a barrel, tub, or similar structure. 2. A rung of a ladder or chair. 3. A staff or cudgel. 4. Music See staff1. competition. As the UK private housing market cools down, overall market growth for baths and sanitaryware is expected to slow down in 2005 and 2006, recovering, along with the private housing market, from 2007 onwards on·ward adj. Moving or tending forward. adv. also on·wards In a direction or toward a position that is ahead in space or time; forward. Adv. 1. . Market growth will also reflect rising demand for affordable homes for key workers and first-time buyers first-time buyer n → persona que compra su primera vivienda first-time buyer n → personne achetant une maison ou un appartement pour la première fois first-time buyer , which will result in some new-build activity, although this might be slow to filter through. Additionally, non-housing construction activity is expected to be buoyant Buoyant The term used to describe a commodities market where the prices generally rise with ease when there are considerable signals of strength. Notes: These types of markets can be very volatile as the prices are rapid to rise and fall with investor sentiment. , especially in education and health, which require sanitaryware in volume. Companies mentioned in the report: -- Ideal Standard (UK) Ltd -- Twyford Bathrooms -- Jacuzzi UK Group PLC -- Qualceram Shires PLC -- Dolphin Fitted Bathrooms -- Heritage Bathrooms Ltd -- Premier Bathrooms Ltd -- American Standard Companies American Standard Companies, Inc. (NYSE: ASD)(known as Ideal Standard in Europe) is a global provider of air conditioning systems and services, bath & kitchen products and vehicle control systems. A S&P 500 and Fortune 500 listed company with 2004 sales exceeding 9. Inc -- Roca Group -- Sanitec Group -- Toto Corporation -- Kohler Group For more information visit http://www.researchandmarkets.com/reports/c27548 |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion