| 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 | STERLING |
15 |
| 3.7 | POPULATION PROFILE |
16 |
| 3.8 | CONCLUSIONS |
17 |
| 4. | THE TOOL HIRE MARKET |
19 |
| 4.1 | DEFINITION |
19 |
| 4.2 | MARKET STRUCTURE - PRODUCT SALES/TOOL HIRE |
21 |
| 4.3 | MARKET SIZE |
25 |
| 4.3.1 | Market Background |
25 |
| 4.3.2 | Future Prospects |
30 |
| 5. | TOOL HIRE COMPANIES |
35 |
| 5.1 | MARKET SHARES |
35 |
| 5.2 | MARKET SHARES |
41 |
| 5.3 | HIRE COMPANIES |
43 |
| 5.3.1 | National Hire Companies |
43 |
| 5.3.2 | Major Regional Companies |
47 |
| 5.3.3 | Builders and Plumbers Merchants |
50 |
| 5.3.4 | DIY Multiples |
54 |
| 5.4 | BUYING AND SPECIFICATION PROCESS |
54 |
| 5.4.1 | Buying Groups and Trade Bodies |
55 |
| 5.4.2 | Health and Safety, Training, etc. |
55 |
| 5.5 | PRICING AND REPLACEMENT CYCLES |
56 |
| 6. | PRODUCTS |
59 |
| 6.1 | PRODUCT MIX |
59 |
| 6.2 | PRODUCT TRENDS |
63 |
| 6.2.1 | Access Equipment |
63 |
| 6.2.2 | Drilling & Breaking |
67 |
| 6.2.3 | Plumbing and Pumping |
68 |
| 6.2.4 | Cutting & Grinding |
70 |
| 6.2.5 | Lighting, Welding, Power |
73 |
| 6.2.6 | Heating, Cooling & Drying |
75 |
| 6.2.7 | Gardening & Landscaping Equipment |
77 |
| 6.2.8 | Carpentry & Woodworking |
79 |
| 6.2.9 | Cleaning & Floor Preparation |
81 |
| 6.2.10 | Concreting & Compacting |
84 |
| 6.2.11 | Miscellaneous Product Groups |
85 |
| 7. | TOOL HIRE CUSTOMERS |
93 |
| 7.1 | INTRODUCTION |
93 |
| 7.2 | BUILDERS |
93 |
| 7.3 | PLUMBING ENTERPRISES |
94 |
| 7.4 | LOCAL AUTHORITIES AND PUBLIC BODIES |
96 |
| 7.5 | LARGE AND SMALL CONTRACTORS |
96 |
| 7.6 | FACTORY ENGINEERS, BUYERS, AND MAINTENANCE MANGERS - MAINTENANCE REPAIR AND OPERATIONS (MRO) ETC. |
97 |
| 7.7 | CLEANING CONTRACTORS |
97 |
| 7.8 | CONSUMERS |
98 |
| 8. | FUTURE PROSPECTS |
100 |
|
TABLES AND CHARTS |
| CHART 1 | UK TOOL HIRE MARKET 1998-2005 (£M) |
7 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1990-2008 |
12 |
| CHART 3 | PDI & SAVINGS RATIO AT CURRENT PRICES 1990-2006 |
14 |
| TABLE 4 | EXCHANGE RATE FLUCTUATIONS 1997-2007 - THE POUND STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
16 |
| CHART 5 | AGE DISTRIBUTION OF THE RESIDENT UK POPULATION 2001 (‘000) |
17 |
| CHART 6 | TOOL HIRE DISTRIBUTION STRUCTURE |
22 |
| TABLE 7 | UK TOOL HIRE MARKET 1995-2005 AT HIRE MARKET PRICES |
25 |
| CHART 8 | TOOL HIRE MARKET FORECAST 2005-2010 (£M) |
30 |
| TABLE 9 | BUILDING SCHOOLS FOR THE FUTURE – SUMMARY OF INVESTMENT AND BUILD PROGRAMME |
33 |
| CHART 10 | HOUSEBUILDING COMPLETIONS BY TYPE OF DWELLING % GB 2001-2005 |
34 |
| CHART 11 | SHARES OF TOTAL HIRE OUTLETS - 2005 |
37 |
| TABLE 12 | BUILDERS MERCHANTS SHARE OF TOTAL HIRE OUTLETS 1999-2005 |
38 |
| CHART 13 | SHARES OF HIRE MARKET BY VALUE - 2005 |
40 |
| CHART 14 | SHARES OF HIRE MARKET BY VALUE - 1995 |
41 |
| TABLE 15 | MARKET SHARES OF LEADING COMPANIES BY VALUE 2005 |
42 |
| TABLE 16 | SPEEDY’S MARKET SHARE, UK TOOL HIRE MARKET, 1995-2006 |
45 |
| CHART 17 | MERCHANTS MARKET SHARES 2004 |
52 |
| CHART 18 | MIX OF MERCHANTS BY TYPE 2004 |
53 |
| TABLE 19 | ESTIMATED HIRE PRODUCT MIX 2005 £M AT HIRE MARKET VALUE |
61 |
| TABLE 20 | COMPARISON OF HIRE PRODUCT MIX – 2001-2005 BY VALUE |
62 |
| TABLE 21 | HIRE MARKET FOR ACCESS EQUIPMENT AT HIRE MARKET PRICES 2005 |
64 |
| TABLE 22 | HIRE MARKET FOR BREAKING & DRILLING AT HIRE MARKET PRICES 2005 (£M) |
67 |
| CHART 23 | HIRE MARKET FOR PLUMBING/PUMPING (AT 2005 HIRE MARKET PRICES) |
69 |
| CHART 24 | HIRE MARKET FOR CUTTING/GRINDING £M AT HIRE MARKET PRICES 2005 |
71 |
| TABLE 25 | HIRE MARKET FOR LIGHTING, WELDING & POWER AT HIRE MARKET PRICES 2005 |
73 |
| CHART 26 | HIRE MARKET FOR HEATING, DRYING & COOLING AT HIRE MARKET PRICES 2005 |
76 |
| TABLE 27 | HIRE MARKET FOR GARDENING AND LANDSCAPING EQUIPMENT £M AT HIRE MARKET PRICES 2005 |
78 |
| CHART 28 | HIRE MARKET FOR CARPENTRY & WOODWORKING AT HIRE MARKET PRICES 2005 |
80 |
| TABLE 29 | HIRE MARKET FOR CLEANING AND FLOOR PREPARATION AT HIRE MARKET PRICES 2005 |
82 |
| CHART 30 | HIRE MARKET FOR CONCRETING/COMPACTING AT HIRE MARKET PRICES 2005 (£M) |
84 |
| TABLE 31 | HIRE MARKET FOR MISCELLANEOUS PRODUCTS £M, AT HIRE MARKET PRICES 2005 |
86 |
| TABLE 32 | UK INDUSTRIAL
PRODUCTS DISTRIBUTORS – MARKET SHARES BY % VALUE 2004 |
91 |
| CHART 33 | UK VAT REGISTERED BUILDERS 2005 |
94 |
| CHART 34 | UK VAT REGISTERED PLUMBERS 2005 |
95 |
|
CHART 35 |
DIY CONSUMER/NON-DOMESTIC USERS FOR HIRE TOOLS & EQUIPMENT - 2005 |
98 |
