| 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 |
13 |
| 3.5 | HOUSING & CONSTRUCTION |
14 |
| 3.6 | POPULATION PROFILE |
16 |
| 3.7 | CONCLUSIONS |
17 |
| 4. | MARKET OVERVIEW |
18 |
| 4.1 | DEFINITION |
18 |
| 4.2 | THE UK DOMESTIC RADIATOR MARKET |
19 |
| 4.3 | DECORATIVE RADIATORS |
22 |
| 4.4 | PRODUCT MIX |
30 |
| 4.4.1 | Radiator Market by Material |
30 |
| 4.4.2 | Decorative Radiator Market by Product |
32 |
| 5. | KEY MARKET INFLUENCES |
36 |
| 5.1 | HOUSING COMPLETIONS |
36 |
| 5.2 | UNDERFLOOR HEATING |
38 |
| 5.3 | SELF BUILD |
40 |
| 5.4 | CONSERVATORIES |
43 |
| 5.5 | BATHROOM MARKET |
45 |
| 5.6 | PROPERTY TRANSACTIONS |
47 |
| 5.7 | EDUCATION |
48 |
| 5.8 | NHS |
50 |
| 5.9 | OFFICES (INCLUDING MIXED USE WITH OFFICES) |
52 |
| 6. | SUPPLIERS |
53 |
| 6.1 | THE OVERALL RADIATOR MARKET |
53 |
| 6.2 | OVERVIEW OF DECORATIVE RADIATORS / TOWEL WARMERS |
54 |
| 6.3 | KEY SUPPLIERS |
56 |
| 7. | DISTRIBUTION |
62 |
| 7.1 | DISTRIBUTION STRUCTURE |
62 |
| 7.2 | BUILDERS AND PLUMBERS MERCHANTS |
64 |
| 7.3 | DIY MULTIPLES |
65 |
| 7.4 | DIRECT SELLING/MAIL ORDER/INTERNET |
68 |
| 7.5 | OTHER CHANNELS |
69 |
| 8. | FUTURE PROSPECTS |
70 |
|
TABLES AND CHARTS |
| TABLE 1 | UK DECORATIVE RADIATOR/TOWEL RAIL MARKET BY VOLUME AND VALUE 2003-2009 |
7 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1990-2009 |
12 |
| CHART 3 | PDI & SAVINGS RATIO AT CURRENT PRICES 1990-2009 |
14 |
| CHART 4 | AGE DISTRIBUTION OF THE RESIDENT UK POPULATION 2001 (‘000) |
16 |
| TABLE 5 | UK DOMESTIC RADIATOR MARKET 1999-2009 (£M MSP) |
19 |
| TABLE 6 | UK DOMESTIC RADIATOR MARKET 1999-2009 (VOLUME M UNITS) |
20 |
| CHART 7 | UK RADIATOR SALES - % MIX BY END USE 2006 |
22 |
| TABLE 8 | DECORATIVE RADIATORS/TOWEL RAIL MARKET 2002-2009 (£M MSP) |
23 |
| CHART 9 | UK DECORATIVE RADIATORS/TOWEL WARMER MARKET
2003-2010 BY VOLUME (‘000S) | 24 |
| CHART 10 | THE UK DECORATIVE RADIATOR MARKET - % VOLUME SHARE 2006 |
25 |
| CHART 11 | UK TOWEL WARMER MARKET BY VOLUME (000S) 2003-2010 |
26 |
| CHART 12 | DESIGNER/DECORATIVE RADIATOR MARKET BY VOLUME (000S) 2003-2010 |
27 |
| CHART 13 | DECORATIVE RADIATOR/TOWEL RAIL MARKET BY VOLUME - END USE 2006 |
29 |
| TABLE 14 | UK DECORATIVE RADIATOR MARKET BY MATERIAL/TYPE 2006 BY VOLUME AND VALUE |
30 |
| CHART 15 | DECORATIVE TOWEL RAIL MARKET BY MATERIAL - % VOLUME SHARE 2006 |
34 |
| CHART 16 | DECORATIVE TOWEL RAIL MARKET BY END MARKET SHARE - BY VOLUME2006 |
35 |
| TABLE 17 | HOUSE BUILDING COMPLETIONS 2000-2009 – UNITED KINGDOM (‘000 DWELLINGS) |
36 |
| CHART 18 | HOUSEBUILDING COMPLETIONS BY TYPE OF DWELLING |
37 |
| TABLE 19 | UNDERFLOOR HEATING MARKET 2000-2009 BY VALUE (£M) (SUPPLY OF HEATING PIPES, ELECTRIC MATS ETC |
39 |
| CHART 20 | SELF-BUILD MARKET BY VOLUME 2000-2010 |
41 |
| CHART 21 | SELF BUILD HOUSING MARKET - BY VALUE 2000-2010 |
42 |
| TABLE 22 | UK DOMESTIC CONSERVATORY MARKET 2000-2009 BY VOLUME |
43 |
| TABLE 23 | THE UK BATH & SANITARYWARE MARKET BY VOLUME |
45 |
| TABLE 24 | NUMBER OF PROPERTY TRANSACTIONS IN ENGLAND AND WALES 1999-2005 (‘000) |
47 |
| TABLE 25 | EDUCATION SECTOR – CONTRACTORS OUTPUT FOR NEW WORK (£M) AT CURRENT PRICES 2000-2006 |
48 |
| TABLE 26 | UK NHS CAPITAL SPENDING – 2003-2010 (£M) |
50 |
| TABLE 27 | HEALTH SECTOR – CONTRACTORS OUTPUT FOR NEW WORK £M AT CURRENT PRICES 2000 - 2006 |
51 |
| TABLE 28 | PUBLIC & PRIVATE OFFICE CONSTRUCTION – CONTRACTORS OUTPUT FOR NEW WORK - (£M) AT CURRENT PRICES 2000 - 2007 |
52 |
| TABLE 29 | MARKET SHARES OF MAJOR RADIATOR SUPPLIERS 2005 |
53 |
| TABLE 30 | MARKET SHARES OF MAJOR DECORATIVE RADIATOR / TOWEL WARMER SUPPLIERS 2006 – BY VALUE |
54 |
| TABLE 31 | BISQUE FINANCIAL PERFORMANCE 2003 2005 |
57 |
| TABLE 32 | CARADON STELRAD FINANCIAL PERFORMANCE 2003- 2005 |
58 |
| TABLE 33 | QUINN RADIATORS FINANCIAL PERFORMANCE 2003- 2005 |
59 |
| TABLE 34 | DISTRIBUTION OF DECORATIVE RADIATORS/TOWEL RAILS BY OUTLET - % BY VOLUME 2006 |
63 |
| CHART 35 | MERCHANTS MARKET SHARES 2005 |
64 |
| CHART 36 |
DIY MULTIPLES MARKET SHARE 2005 |
66 |
