The
UK pipes and fittings market had shown excellent levels of growth
until the economic downturn. Like other products in the building
and construction industry, this market has been impacted by the
global financial crisis. The market is estimated at £636 million
at Manufacturers Selling Prices (MSP) in 2010. 2011 estimates
indicate an increase of 2%, reflecting some signs of stabilisation
or recovery in the UK economy.
The plumbing pipe systems sector accounts for some 66% of the
pipes and fittings market, as defined in this report. The
rainwater, soil and waste products sector accounts for the
remaining 34% of this industry.
It is estimated that around 52% of pipes and fittings products are
distributed via builder’s merchants, whilst 32% are sold by more
specialist plumbing, roofing and drainage distributors. Around 8%
are distributed via DIY multiples and other independent
DIY/hardware stores. Others account for 8% and include internet
and catalogue sales, plus direct sales from OEM business.
Builders' merchants are expected to continue to dominate this
mature market. However, there is some evidence to suggest that
builders’ merchants are losing market share to more specialist
plumbing, drainage and roofing distributors. Sales via the
Internet are also anticipated to increase.
The future performance of the UK pipes and fittings market is
likely to be influenced by overall trends in housebuilding,
non-domestic construction, home improvement, levels of personal
disposable income and niche market drivers such as the self build
and conservatory markets. Industry sources claim the sales of
plastic plumbing pipe are increasing particularly in new build
situations. It is anticipated that plastic products will take a
larger share of the plumbing pipe systems market as the economy
stabilises and new housebuilding levels increase.
There will be a greater focus on sustainability and the
environment throughout the production and distribution chain.
Pipes and fittings manufacturers will look for materials and
processes that are not harmful to the environment and that will be
available for future generations to use.
Forecasts indicate that the pipes and fittings market will remain
uncertain in the short term, reflecting continuing low levels of
activity in new house build and home improvement. However, in the
medium to longer term the pipes and fittings market is expected to
experience a return to steady growth.
By 2015, the market value is forecast to be £728
million at MSP, which would represent an increase of around 12%
compared to the estimated market size in 2011.
