| 1. |
INTRODUCTION |
6 |
| 2. | SUMMARY |
7 |
| 3. | ECONOMIC ENVIRONMENT |
10 |
| 3.1 | GDP |
10 |
| 3.2 | INFLATION & INTEREST RATES |
11 |
| 3.3 | UNEMPLOYMENT |
12 |
| 3.4 | HOUSEHOLD CONSUMPTION |
12 |
| 3.5 | HOUSEBUILDING |
13 |
| 3.6 | CONSTRUCTION MARKET BY SECTOR – NON-RESIDENTIAL PRIVATE SECTOR |
14 |
| 3.7 | STERLING |
15 |
| 3.8 | CONCLUSIONS |
16 |
| 4. | MARKET REVIEW |
18 |
| 4.1 | DEFINITION |
18 |
| 4.2 | MARKET SIZE AND TRENDS |
18 |
| 4.2.1 | Background |
18 |
| 4.2.2 | Current Situation |
19 |
| 4.2.3 | Future Market Development |
21 |
| 4.3 | INTERNATIONAL TRADE |
22 |
| 4.3.1 | Compressors |
23 |
| 4.3.2 | Refrigeration and Freezing Cabinets, Chests and other Stores |
23 |
| 4.3.3 | Associated Equipment |
24 |
| 4.4 | KEY FACTORS INFLUENCING THE DEVELOPMENT OF THE REFRIGERATION INDUSTRY |
25 |
| 4.4.1 | Environmental Issues - Emissions |
25 |
| 4.4.2 | Legislation on Refrigeration Emissions and Refrigerants |
26 |
| 4.4.3 | UK Legislation |
29 |
| 5. | PRODUCT MIX |
31 |
| 5.1 | OVERALL PRODUCT MIX |
31 |
| 5.2 | COLD STORES |
32 |
| 5.3 | COMPRESSORS |
34 |
| 5.4 | HEAT EXCHANGERS |
37 |
| 5.5 | TRANSPORT REFRIGERATION |
38 |
| 5.6 | EVAPORATORS |
39 |
| 6. | END USE SECTORS |
43 |
| 6.1 | COMMERCIAL |
43 |
| 6.1.1 | Food Retail |
43 |
| 6.1.2 | Foodservice |
47 |
| 6.1.3 | Ice Rinks |
49 |
| 6.1.4 | Hospitals |
49 |
| 6.1.5 | Veterinary Practices |
50 |
| 6.1.6 | Mortuaries and Funeral Homes |
50 |
| 6.2 | INDUSTRIAL |
51 |
| 6.2.1 | Food Production and Processing in the UK |
51 |
| 6.2.2 | Chilled Foods |
52 |
| 6.2.3 | Frozen Foods |
53 |
| 6.2.4 | Beverage Production |
55 |
| 6.2.5 | Fisheries |
56 |
| 6.2.6 | Petrochemicals, Chemicals, Energy Production and Pharmaceuticals |
56 |
| 6.3 | TRANSPORT |
58 |
| 6.3.1 | Marine Refrigerated Transport |
58 |
| 6.3.2 | Air Freight Transport |
62 |
| 6.3.3 | Rail Refrigerated Transport |
64 |
| 6.3.4 | Road Transport |
66 |
| 7. | SUPPLIERS |
68 |
| 7.1 | SUPPLY STRUCTURE |
68 |
| 7.1.1 | Company Shares Of The Market |
68 |
| 7.1.2 | Merger and Acquisition Activity |
69 |
| 7.2 | PROFILES OF MAJOR MANUFACTURERS |
70 |
| 8. | DISTRIBUTION WHOLESALERS
AND CONTRACTORS | 80 |
| 8.1 | OVERVIEW |
80 |
| 8.2 | KEY CONTRACTING COMPANIES |
81 |
| 8.3 | WHOLESALERS AND DISTRIBUTORS |
85 |
| 9. | FUTURE PROSPECTS |
88 |
| APPENDIX A | REFRIGERANT CLASSIFICATIONS |
90 |
| APPENDIX B | ALTERNATIVE REFRIGERANTS |
92 |
|
TABLES AND CHARTS |
| CHART 1 | MARKET SIZE COMMERCIAL AND INDUSTRIAL REFRIGERATION 1990-2009 |
8 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1990-2008 |
11 |
| CHART 3 | PDI & SAVINGS RATIO AT CURRENT PRICES 1990-2006 |
13 |
| TABLE 4 | ‘PRIVATE COMMERCIAL’ CONSTRUCTION OUTPUT GB 2000-2005 £M |
14 |
| TABLE 5 | INDUSTRIAL SECTOR CONSTRUCTION OUTPUT GB 2000-2005 £M |
15 |
| TABLE 6 | EXCHANGE RATE FLUCTUATIONS 2000-2007 - THE POUND STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
16 |
| TABLE 7 |
OVERALL COMMERCIAL AND INDUSTRIAL REFRIGERATION EQUIPMENT MARKET 2000-2009 £M CURRENT MSP |
19 |
| TABLE 8 | TRADE IN COMPRESSORS - 2000-2004 £000S |
23 |
| TABLE 9 | TRADE IN REFRIGERATED SHOW CASES 2001-2004 £000S |
24 |
| TABLE 10 | TRADE IN HEAT PUMPS AND PARTS FOR NON DOMESTIC REFRIGERATION EQUIPMENT 2001-2004 £000S |
24 |
| TABLE 11 | TIMELINE – LEGISLATION RELATING TO REFRIGERANTS |
27 |
| CHART 12 | PRODUCT MIX – COMMERCIAL AND INDUSTRIAL REFRIGERATION 2005 |
31 |
| TABLE 13 | UK COLD STORE MARKET 2000-2008 £M MSP |
33 |
| TABLE 14 | UK COMPRESSOR MARKET 2000-2008 £M MSP |
35 |
| CHART 15 | REFRIGERATION COMPRESSORS BY TYPE 2000-2009 £M MSP |
36 |
| CHART 16 | HEAT EXCHANGERS IN REFRIGERATION 2000-2008 £M |
37 |
| CHART 17 | THE MARKET FOR TRANSPORT REFRIGERATION EQUIPMENT 2000-2008 £M |
38 |
| CHART 18 | THE MARKET FOR EVAPORATORS 2000-2008 £M |
40 |
| TABLE 19 | THE UK RETAIL CHILLED PREPARED FOOD MARKET 2000-2009 £M |
44 |
| TABLE 20 | THE RETAIL FROZEN FOOD MARKET 2004-2008 £BN |
45 |
| TABLE 21 | FOOD SERVICE OUTLETS 1998 AND 2004 NUMBER OF OUTLETS |
47 |
| TABLE 22 | THE FOODSERVICE FROZEN FOOD MARKET 2004-2009 £BN |
48 |
| TABLE 23 | FOOD MANUFACTURING ENTERPRISES 2000-2005 |
52 |
| CHART 24 | UK RETAIL PREPARED CHILLED FOOD MARKET |
53 |
| TABLE 25 | THE FROZEN FOOD
MARKET 2004-2009 £BN | 54 |
| TABLE 26 | TRENDS IN VOLUME OF REFRIGERATED PRODUCTS TRANSPORTED BY SEA 2000-2009 MILLION METRIC TONS |
59 |
| TABLE 27 | BRITISH CRUISE OPERATIONS AND SHIPS 2005 |
62 |
| TABLE 28 | RAIL FREIGHT FORECASTS OF INCOME AND TRAFFIC 2004-2010 |
66 |
| TABLE 29 | ROAD FREIGHT GOODS
LIFTED BY COMMODITY MILLION TONNES | 67 |
| TABLE 30 | MARKET SHARES COMMERCIAL & INDUSTRIAL REFRIGERATION SUPPLIERS 2005. |
69 |
| TABLE 31 | TRANSITIONAL/SERVICE REFRIGERANTS |
92 |
| TABLE 32 |
CHLORINE FREE HFC REFRIGERANTS AND BLENDS - LONG TERM ALTERNATIVES |
93 |