| 1. |
INTRODUCTION |
5 |
| 1.1 | BACKGROUND |
6 |
| 1.2 | SOURCES OF INFORMATION |
6 |
| 2. |
SUMMARY AND FUTURE PROSPECTS |
8 |
| 2.1 | SUMMARY |
8 |
| 2.2 | FUTURE PROSPECTS |
9 |
| 3. |
ECONOMIC ENVIRONMENT |
11 |
| 3.1 | GDP |
11 |
| 3.2 | INFLATION & INTEREST RATES |
12 |
| 3.3 | UNEMPLOYMENT |
13 |
| 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 | OVERVIEW |
19 |
| 4.2 | TOOL HIRE MARKET DEFINITION |
19 |
| 4.3 | MARKET STRUCTURE - PRODUCT SALES/TOOL HIRE |
21 |
| 4.4 | MARKET SIZE |
24 |
| 4.4.1 | Market Background |
24 |
| 4.4.2 | Future Prospects |
28 |
| 5. |
TOOL HIRE COMPANIES |
34 |
| 5.1 | OVERVIEW |
34 |
| 5.2 | MARKET SHARES |
34 |
| 5.3 | HIRE COMPANIES |
41 |
| 5.3.1 | National Hire Companies |
41 |
| 5.3.2 | Major Regional Companies |
43 |
| 5.3.3 | Tool Hire, Plant Hire and Specialists |
44 |
| 5.3.4 | Builders and Plumbers Merchants |
45 |
| 5.3.5 | DIY Multiples |
47 |
| 5.4 | BUYING AND SPECIFICATION PROCESS |
48 |
| 5.4.1 | Buying Groups and Trade Bodies |
48 |
| 5.4.2 | Legislation and Training, etc. |
48 |
| 5.5 | PRICING, REPLACEMENT CYCLES, AND SECURITY |
49 |
| 6. |
PRODUCTS |
51 |
| 6.1 | OVERVIEW - PRODUCT SHARES OF TOOL HIRE COMPANIES WITHIN OVERALL CONSTRUCTION EQUIPMENT RENTAL |
51 |
| 6.2 | PRODUCT MIX |
52 |
| 6.3 | PRODUCT TRENDS |
55 |
| 6.3.1 | Access Equipment |
55 |
| 6.3.2 | Drilling & Breaking |
57 |
| 6.3.3 | Plumbing and Pumping |
59 |
| 6.3.4 | Cutting & Grinding |
60 |
| 6.3.5 | Lighting, Welding, Power |
62 |
| 6.3.6 | Heating, Cooling & Drying |
63 |
| 6.3.7 | Gardening & Landscaping Equipment |
65 |
| 6.3.8 | Carpentry & Woodworking |
66 |
| 6.3.9 | Cleaning & Floor Preparation |
68 |
| 6.3.10 | Concreting & Compacting |
70 |
| 6.3.11 | Miscellaneous Product Groups |
71 |
| 7. |
TOOL HIRE CUSTOMERS |
77 |
| 7.1 | INTRODUCTION |
77 |
| 7.2 | BUILDERS |
77 |
| 7.3 | PLUMBING AND HEATING CONTRACTORS |
78 |
| 7.4 | LOCAL AUTHORITIES AND PUBLIC BODIES |
80 |
| 7.5 | LARGE AND SMALL CONTRACTORS |
80 |
| 7.6 | FACTORY ENGINEERS, BUYERS, AND MAINTENANCE MANGERS - MAINTENANCE REPAIR AND OPERATIONS (MRO) ETC. |
82 |
| 7.7 | CLEANING CONTRACTORS |
82 |
| 7.8 | CONSUMERS |
83 |
| TABLES AND CHARTS |
| CHART 1 | UK TOOL HIRE MARKET 2001-2014 (£M) |
8 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1992-2013 |
12 |
| CHART 3 | PDI & SAVINGS RATIO AT CURRENT PRICES 1992-2013 |
14 |
| TABLE 4 | EXCHANGE RATE FLUCTUATIONS 2002-2009 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
16 |
| CHART 5 | AGE DISTRIBUTION OF THE RESIDENT UK POPULATION MID-2008 (‘000) |
17 |
| CHART 6 | TOOL HIRE DISTRIBUTION STRUCTURE |
22 |
| TABLE 7 | UK TOOL HIRE MARKET 2004-2009 AT HIRE MARKET PRICES |
24 |
| TABLE 8 | UK TOOL HIRE MARKET FORECAST 2009-2014 AT HIRE MARKET PRICES (£M) |
28 |
| TABLE 9 | PROPOSED WATER AND SEWERAGE CAPITAL EXPENDITURE PROGRAMMES 2010-2015 BY COMPANY, £BN |
30 |
| CHART 10 | SCHOOL BUILDINGS CAPITAL EXPENDITURE 2007-2011 (£ BILLION) |
31 |
| CHART 11 | HOUSEBUILDING COMPLETIONS - % MIX BY HOUSES / FLATS GB 2001-2008 |
33 |
| CHART 12 | SHARES OF TOTAL HIRE OUTLETS BY SECTOR, INCLUDING MULTIPLE BRANCH COMPANIES, BUILDERS MERCHANTS AND SMALLER HIRE COMPANIES - 2009 |
35 |
| TABLE 13 | BUILDERS MERCHANTS SHARE OF TOTAL TOOL HIRE OUTLETS 2004-2009 |
36 |
| CHART 14 | SHARES OF HIRE MARKET – BY SECTOR AND VALUE – INCLUDING MULTIPLE BRANCH COMPANIES, BUILDERS MERCHANTS AND SMALLER HIRE COMPANIES - 2009 |
38 |
| CHART 15 | SHARES OF HIRE MARKET BY VALUE – 1999 – INCLUDING MULTIPLE BRANCH COMPANIES, BUILDERS MERCHANTS AND SMALLER HIRE COMPANIES |
39 |
| TABLE 16 | ESTIMATED MARKET SHARES OF LEADING TOOL HIRE COMPANIES BY VALUE 2009 |
40 |
| TABLE 17 | SPEEDY’S MARKET SHARE, UK TOOL HIRE MARKET, 1995-2009 |
42 |
| CHART 18 | MERCHANTS MARKET SHARES 2008 |
46 |
| CHART 19 | DIY MULTIPLES MARKET SHARE 2009 |
47 |
| TABLE 20 | ESTIMATED SHARES BY TYPE OF HIRE COMPANY IN HIRE PRODUCT SECTORS 2008 |
51 |
| TABLE 21 | ESTIMATED HIRE PRODUCT MIX 2009 £M AT HIRE MARKET VALUE INCLUDING ACCESS EQUIPMENT, LIGHTING WELDING AND POWER, HEATING COOLING AND DRYING, MISCELLANEOUS PRODUCTS, ETC. |
53 |
| TABLE 22 | COMPARISON OF HIRE PRODUCT MIX – 2007 AND 2009 £M AT HIRE MARKET VALUE INCLUDING ACCESS EQUIPMENT, LIGHTING, WELDING AND POWER, HEATING COOLING AND DRYING, MISCELLANEOUS PRODUCTS, ETC. |
54 |
| TABLE 23 | HIRE MARKET FOR ACCESS EQUIPMENT AT HIRE MARKET PRICES 2009 INCLUDING ACCESS TOWERS, LADDERS, AND LIGHT POWERED ACCESS EQUIPMENT, ETC. |
56 |
| TABLE 24 | HIRE MARKET FOR BREAKING & DRILLING AT HIRE MARKET PRICES 2009 (£M) |
58 |
| CHART 25 | HIRE MARKET FOR PLUMBING/PUMPING AT 2009 HIRE MARKET PRICES |
59 |
| CHART 26 | HIRE MARKET FOR CUTTING/GRINDING £M AT HIRE MARKET PRICES 2009 |
61 |
| TABLE 27 | HIRE MARKET FOR LIGHTING, WELDING & POWER AT HIRE MARKET PRICES 2009 |
62 |
| CHART 28 | UK MARKET FOR HEATING, DRYING & COOLING 2009 AT HIRE MARKET PRICES |
64 |
| TABLE 29 | HIRE MARKET FOR GARDENING AND LANDSCAPING EQUIPMENT £M AT HIRE MARKET PRICES 2009 |
65 |
| CHART 30 | HIRE MARKET FOR CARPENTRY & WOODWORKING AT HIRE MARKET PRICES 2009 |
67 |
| TABLE 31 | HIRE MARKET FOR CLEANING AND FLOOR PREPARATION PRODUCTS AT HIRE MARKET PRICES 2009 |
69 |
| CHART 32 | HIRE MARKET FOR CONCRETING/COMPACTING AT HIRE MARKET PRICES 2009 (£M) |
70 |
| TABLE 33 | HIRE MARKET FOR MISCELLANEOUS PRODUCTS £M, AT HIRE MARKET PRICES 2009 |
71 |
| TABLE 34 | UK INDUSTRIAL PRODUCTS DISTRIBUTORS – MARKET SHARES BY % VALUE 2008 |
75 |
| CHART 35 | UK VAT-REGISTERED BUILDERS 2007 |
78 |
| CHART 36 | UK VAT REGISTERED PLUMBING AND HEATING CONTRACTORS 2007 |
79 |
| TABLE 37 | TOP 20 FM SUPPORT SERVICES COMPANIES IN THE UK |
81 |
| CHART 38 | DIY CONSUMER/NON-DOMESTIC USERS FOR HIRE TOOLS & EQUIPMENT - 2009 |
83 |
