| 1. |
INTRODUCTION |
6 |
| 2. |
SUMMARY |
7 |
| 3. |
ECONOMIC ENVIRONMENT & SOCIAL BACKGROUND |
12 |
| 3.1 |
GENERAL |
12 |
| 3.2 |
ECONOMIC BACKGROUND. |
13 |
| 3.2.1 |
Economic Performance in 2005 |
13 |
| 3.2.2 |
GDP |
14 |
| 3.2.3 |
Interest Rates |
16 |
| 3.2.4 |
Foreign Investment |
17 |
| 3.2.5 |
Consumer Confidence |
19 |
| 3.3 |
FUTURE PROSPECTS FOR THE ECONOMY |
21 |
| 3.4 |
DEMOGRAPHIC PROFILE |
22 |
| 3.4.1 |
Population |
22 |
| 3.4.2 |
Regional Profiles |
23 |
| 4. |
KITCHEN FURNITURE MARKET OVERVIEW |
26 |
| 4.1 |
MARKET DEFINITION |
26 |
| 4.2 |
OVERALL MARKET VALUE |
26 |
| 4.2.1 |
Value by New Build and Replacement |
27 |
| 4.2.2 |
Fitted and Non-Fitted Kitchen Furniture |
29 |
| 4.2.3 |
Flat pack and Rigid Furniture |
31 |
| 4.3 |
KITCHEN MARKET FORECASTS |
33 |
| 4.4 |
MARKET OVERVIEW AND VALUE BY SECTOR |
35 |
| 4.4.1 |
Kitchen Units and Cupboards |
35 |
| 4.4.2 |
Worktops |
37 |
| 4.4.3 |
Sinks |
38 |
| 4.4.4 |
Kitchen Appliances |
40 |
| 4.5 |
PRODUCT AND DESIGN TRENDS |
45 |
| 4.5.1 |
Materials and Finishes |
46 |
| 4.6 |
IMPORTS AND EXPORTS |
50 |
| 4.6.1 |
Kitchen Furniture |
50 |
| 4.6.2 |
Kitchen Sinks |
53 |
| 5. |
OVERALL MARKET TRENDS |
55 |
| 5.1 |
THE NEW HOUSE BUILDING MARKET |
55 |
| 5.1.1 |
Drivers of Growth |
57 |
| 5.1.2 |
Housing Market during 2004 |
58 |
| 5.1.3 |
Housing Market during 2005 |
59 |
| 5.1.4 |
Private and Public Sector Completions |
59 |
| 5.1.5 |
Regional House Building Activity |
61 |
| 5.1.6 |
House Prices |
62 |
| 5.1.7 |
Affordability & Mortgage Rates |
63 |
| 5.1.8 |
Housing Market Outlook |
64 |
| 5.2 |
HOUSE BUILDING TRENDS AND THE NEW BUILD MARKET FOR KITCHENS |
66 |
| 5.2.1 |
Value of the New Build Sector for Kitchens |
66 |
| 5.2.2 |
Housing Completions by Type of Unit |
68 |
| 5.2.3 |
Developer Incentives for Home Buyers |
69 |
| 5.2.4 |
Brand Specification in New Build Homes |
70 |
| 5.3 |
THE RMI (REPAIR MAINTENANCE AND IMPROVEMENT) MARKET FOR
KITCHEN FURNITURE |
72 |
| 5.3.1 |
The Value of the residential RMI Market |
73 |
| 5.3.2 |
The Value of the Replacement Kitchens Market |
73 |
| 6. |
PRE-FABRICATED KITCHEN PRODUCTS |
77 |
| 6.1 |
TYPES OF PREFABRICATED BUILDING CONSTRUCTION |
77 |
| 6.2 |
APPLICATION OF PREFABRICATION TO THE IRISH HOUSING INDUSTRY |
78 |
| 6.3 |
OFFSITE MANUFACTURE OF KITCHEN PODS FOR THE CONSTRUCTION
INDUSTRY |
78 |
| 6.3.1 |
Advantages of the Pod Solution |
80 |
| 6.3.2 |
Suppliers of Kitchen Pods |
80 |
| 7. |
SUPPLY OF KITCHENS |
85 |
| 7.1 |
OVERVIEW AND SUPPLY STRUCTURE |
85 |
| 7.2 |
MARKET SHARES |
86 |
| 7.3 |
IRISH SUPPLIERS OF KITCHEN FURNITURE |
87 |
| 7.4 |
MAJOR OVERSEAS SUPPLIERS OF KITCHENS |
93 |
| 8. |
DISTRIBUTION OF KITCHEN FURNITURE |
98 |
| 8.1 |
BACKGROUND |
98 |
| 8.2 |
DISTRIBUTION MARKET SHARES |
99 |
| 8.3 |
BUILDERS MERCHANTS/BUILDERS PROVIDERS |
100 |
| 8.3.1 |
Market Overview and Size |
100 |
| 8.3.2 |
Key Builders Providers Market Shares |
101 |
| 8.3.3 |
Key Company Profiles |
103 |
| 8.4 |
RETAIL SHOWROOMS AND KITCHEN SPECIALISTS |
106 |
| 8.4.1. |
Key Company Profiles |
107 |
| 8.5 |
THE DIY SECTOR |
112 |
| 8.5.1 |
Market Overview and Size |
112 |
| 8.5.2 |
Key Company Profiles |
113 |
| 9. |
FUTURE PROSPECTS |
118 |
| TABLES AND CHARTS |
| CHART 1 |
TOTAL IRISH KITCHEN FURNITURE MARKET 2004-2009 - BY VALUE (€M
MSP) |
7 |
| TABLE 2 |
IRELAND - ANNUAL AVERAGE % CHANGE GDP 1996 - 2006 |
15 |
| TABLE 3 |
IMPORTS AND EXPORTS FROM AND TO IRELAND 1994-2004 BY VALUE -
(€ MILLION) |
18 |
| TABLE 4 |
IRELAND - ANNUAL AVERAGE % CHANGE IN CONSUMER PRICES 1996 -
2006 |
19 |
| TABLE 5 |
POPULATION OF THE REPUBLIC OF IRELAND 1992-2015 (MILLIONS) |
22 |
| CHART 6 |
PRODUCT MIX IN THE IRISH KITCHEN FURNITURE MARKET 2004 - BY
VALUE (%) |
27 |
| CHART 7 |
KITCHEN FURNITURE, WORKTOPS AND SINKS MARKET IN IRELAND (NEW
BUILD AND REPLACEMENT) 2004 BY VALUE (%) |
28 |
| CHART 8 |
MIX OF FITTED & NON-FITTED KITCHEN FURNITURE IN IRELAND
IN 2004 (BY VALUE) |
31 |
| CHART 9 |
THE IRISH KITCHEN FURNITURE MARKET - FLAT-PACK/RIGID
FURNITURE SHARE BY VALUE 2004 |
32 |
| TABLE 10 |
IRISH KITCHEN FURNITURE MARKET FORECASTS 2004-2009 - BY
SECTOR AND VALUE (€M MSP) |
34 |
| CHART 11 |
MATERIALS USED IN THE CONSTRUCTION OF IRISH KITCHEN
FURNITURE 2004 - MARKET SHARE % |
47 |
| TABLE 12 |
IMPORTS AND EXPORTS OF KITCHEN FURNITURE* TO AND FROM THE
IRISH REPUBLIC BY VALUE - (€ MILLION) |
51 |
| TABLE 13 |
PRINCIPAL IMPORT COUNTRIES OF KITCHEN FURNITURE INTO THE
IRISH REPUBLIC IN 2003 & 2004 - MARKET SHARE BY VALUE (€
MILLION)* |
52 |
| TABLE 14 |
IMPORTS AND EXPORTS OF SINKS TO AND FROM THE IRISH REPUBLIC
BY VALUE - (€ MILLION) |
54 |
| CHART 15 |
IRELAND - HOUSEBUILDING COMPLETIONS 1993 - 2004 |
55 |
| TABLE 16 |
NEW DWELLINGS COMPLETED 1993-2006 (NO. COMPLETIONS) |
56 |
| TABLE 17 |
% SHARE OF PRIVATE AND PUBLIC SECTOR NEW DWELLINGS
1993-2003. |
60 |
| CHART 18 |
HOUSEBUILDING COMPLETIONS (PUBLIC & PRIVATE) BY REGION
2004 |
62 |
| TABLE 19 |
NEW DWELLINGS COMPLETED 1993-2008 (NO. COMPLETIONS) |
66 |
| CHART 20 |
TOTAL MARKET FOR KITCHEN FURNITURE IN NEW BUILD HOMES BY
SECTOR IN THE IRISH REPUBLIC 2004 BY VALUE (€ MILLION MSP) |
67 |
| CHART 21 |
NEW HOUSES COMPLETED BY TYPE IN IRELAND - 2004 |
69 |
| TABLE 22 |
KITCHEN MANUFACTURERS SPECIFIED IN THE IRISH NEW BUILD
RESIDENTIAL SECTOR |
71 |
| TABLE 23 |
VALUE OF OUTPUT IN THE RESIDENTIAL RMI SECTOR IN IRELAND
2000 - 2006 (€ '000) |
73 |
| CHART 24 |
TOTAL REPLACEMENT MARKET FOR KITCHEN FURNITURE BY SECTOR IN
THE IRISH REPUBLIC 2004 BY VALUE (€ MILLION MSP) |
74 |
| CHART 25 |
MIX OF STOCK OF DWELLINGS BY AGE 2004 - IRELAND |
75 |
| TABLE 26 |
MAJOR SUPPLIERS TO THE IRISH KITCHEN FURNITURE MARKET -
SHARE BY VALUE 2004 |
86 |
| TABLE 27 |
MAJOR DISTRIBUTORS TO THE IRISH KITCHEN FURNITURE MARKET -
SHARE BY VALUE 2004 |
99 |
| CHART 28 |
LEADING BUILDERS MERCHANTS IN IRELAND BY SHARE 2004 |
102
|