
The UK roofing
market was estimated to be worth approximately £1.3 billion in
2008. Performance of this market is closely linked to that of
construction output and the economy overall. As such, the
market has been significantly affected by the global financial
crisis and falling housing market. Although the market
performed relatively well in the first half of 2008, the final
quarter saw sharp falls in both domestic and non-domestic
construction. This led to a decline in the overall roofing
market of around 4% in 2008.
In 2009, the
market is expected to deteriorate further. Bidding for
projects is becoming increasingly competitive, with many
contractors and sub-contractors lowering tenders and squeezing
margins in order to secure work. It is thought that the market
should start to recover towards the end of 2010, into the
beginning of 2011 and the roofing market should see a return
to growth in 2011 as construction levels start to increase.
Metal roofing and
roof tiling remain the key sectors of the roofing market, with
roof tiles dominating the domestic sector and metal roofing
dominating non-domestic construction. In the longer term, roof
glazing, membranes and felts are expected to gain share as
demand for green and liquid roofs increases, while the need to
incorporate natural light in design is likely to support the
growth of roof glazing.
There is a wide
range of suppliers within the roofing market. However, each
roofing sector is dominated by a small number of large
companies. The supply structure for roofing systems tends to
be split by roofing type, e.g. tiling, membranes and felts,
metal and glazing. Many companies are active in more than one
market, although no single company is market leader in all
fields.
Distribution of
roofing materials in the UK is relatively complex and varies
significantly between different market sectors.
Roofing
contractors are the primary end-buyers in the roofing market.
Contractors can purchase directly from manufacturers or via
specialist distributors or merchants. Most contractors use a
variety of procurement methods.
Supplying direct from the manufacturer is used
much more widely in the metal and glazing markets, as projects
often require bespoke structures that require the contractor
to work closely with the manufacturer.