Market Research - Commercial Interior Refurbishment and Fit-Out Market UK 2008 - 2012  from AMA Research

INTRODUCTION and OVERVIEW 

This is the 3rd Edition of the ‘ Commercial Interior Refurbishment and Fit-Out Market - UK report - incorporating original input, and containing over 100 pages and 30 charts and tables. This report provides a detailed insight into the commercial refurbishment market, providing analyses of key trends in the industry at large, together with a review of key end-use sectors.   Following a difficult period, this £multi-billion market has experienced a strong recovery in 2006-07, largely underpinned by the recovery in the commercial office sector and steady levels of trading in the retail market. Most of the larger contractors have full order books for 2008, reflecting underlying confidence in key end use sectors.   Beyond 2008, it is expected that demand for fit-out & interior refurbishment will slow down, as supply and demand for office space become more balanced, while a likely slowdown in consumer spending will inevitably impact upon the retail & leisure sectors. To some extent, this will be offset by demand from the public sector  - especially with the Building Schools for the Future programme - and developments related to the 2012 Olympic Games.

Key areas covered include:

• Review of the overall fit-out and interior refurbishment market – market size, trends 2002 –2007 including construction output, product & labour costs.

• Review of key end use market sectors – offices, retail, education, healthcare & leisure.  Overview of trends in end-use sectors in terms of sales & capital expenditure.  Assessment of trends in demand for fit-out/interior refurbishment & future prospects for 2008-2012.

• Contractors review – identification of leading main contractors; trends within the supply sector. Mini data sheets for 60+ of the leading players in the market: sales, employee numbers, geographical coverage, main end-use sectors etc

• Forecasts up to 2012 – key factors influencing future prospects.

Of particular interest:

• Review of key trends in fit-out & interior refurbishment

• Assessment of market prospects and key drivers

• Review of key market sectors, prospects and key drivers

• Mini data sheets for the leading 60+ main contractors

Key areas covered in the report include:

 MARKET OVERVIEW

• Market size by value 2002 -2007. Forecasts for 2008 and through to 2012.

• Key market influences e.g. office vacancy & take-up rates, consumer spending, capital investment trends, key product price trends, average wage increases by types of trade

• Overview & comparison of fit-out/interior refurbishment projects by types of trade

• Future prospects: short term – buoyant conditions in office sector prevailing, retail investment in most sectors expected to stall, supermarket roll-out programmes remaining significant. Medium term – increased investment in Olympic Games infrastructure, Building Schools For The Future programme.

• Risks to market growth – impact of credit crisis, slowdown in key refurbishment markets

MARKET ANALYSIS OF KEY END USE SECTORS

• Market mix by end-user sector by contractors output values  up to 2007, with forecasts up to 2012.

• Recent trends in end-use sectors: - industry performance & underlying market drivers, trends in capital expenditure, recent trends in demand for fit-out & interior refurbishment,

• Changes in structure in key end-user sectors; underlying market drivers; impacts on demand for fit-out and refurbishment.

• Analysis of typical fit-out/interior refurbishment projects by types of trade by value – i.e. finishes, building services installations

• Short to medium prospects within key end-use sectors & implications for fit-out & interior refurbishment contractors

• Covers key end-use sectors & main sub-markets including:- Commercial offices Central London, business parks, provincial cities); Retail (supermarkets, High Street multiples); Education (schools, universities); Healthcare (hospitals, primary healthcare facilities): Leisure (hotels, restaurants, pubs, betting premises, Olympic Games)

INTERIOR REFURBISHMENT - MARKET STRUCTURE & SUPPLY

• Review of industry structure & trends e.g. market concentration & contraction, low entry levels, loss of key contractors.

• Market shares of major players – market positioning, key sectors etc. 

• Company profiles for 60+ leading contractors. Includes: - Interior Services Group (Cathedral, Dean&Bowes, Interiorexterior Plc, Pearce), Morgan Sindall Fit-out division (Overbury etc), Ibex Interiors, Styles & Wood, Apollo Property Services Simpson (York), Galliford Try Interiors, Byrne Group, Wates Interiors, Morris & Spottiswood, PEL Interiors, Withey Contracts, Havelock Interiors, Midas Property Services, Maris Interiors, Parkeray.

The report is extensive with over 100 pages and 45 tables and charts (see right hand panel for a full listing of contents including tables and charts)