Research and Markets (http://www.researchandmarkets.com/research/tpqnkb/commercial_and) has announced the addition of the "Commercial and Industrial Doors and Shutters Market Report UK 2013-2017 Analysis" report to their offering.
The sector experienced relatively healthy levels of commercial and industrial new build, which stimulated market growth between 2003 and 2007. Despite the credit crunch of 2008, and the decline in new warehouse developments, demand continued to grow from on-going legacy work before finally starting to show significant signs of a fall-off in demand with the recession of 2009. The performance of 2008 at £470m is now regarded as the industry's last good year with the market peaking and will serve as a benchmark for future growth measurement and comparison.
The personnel doors sector, incorporating timber doors, hinged steel doors; aluminium framed manual entrance doors and automated pedestrian doors, is estimated at £230m MSP and accounts for around 57% of the market. In value terms, automated pedestrian doors represents the largest sub-sector with timber hinged and steel hinged equally sharing second place.
The market has experienced a significant fall in demand attributed to the recession, an oversupply of office space and reduced investment in new build in education and hospitals. Retail trends are helping to shore up that side of the market but the outlook in the near term is for further decline in 2013 and the first half of 2014 before recovery estimated in late 2014 and early 2015.
Indications are that the total market for combined commercial and industrial door sales will continue to decline in 2013 by around 1%. It is already operating at a much lower base and is an estimated 15% below the benchmark 2008 levels. The market will begin to recover from 2015 onwards with growth rates of 3-4%.
For more information visit http://www.researchandmarkets.com/research/tpqnkb/commercial_and.
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Construction
