Home Extensions Market Report – GB 2019-2023

Key issues covered in the report:

• Overall market for householder developments – number of developments granted, regional breakdown, legislation and key market influences.
• Types of building extension – single, double storey, other (e.g. loft, basement), plus other alterations such as landscaping, heating installations, etc.
• Analysis by product group – kitchens, bathrooms, other key building materials.
• Forecasts of market developments to 2023.

Areas of particular interest include:

• Review of key trends – recent developments, changes in planning regulations, regional analysis.
• Market drivers – trends in RMI output, mortgage lending, property transactions.
• Market segmentation – types of extension, function, mix of building products used.
• Key products – design trends for kitchens, bathrooms, bedrooms, doors & windows.
• Forecast of market performance in 2019 through to 2023 and analysis of the key factors affecting future performance.
• Detailed market data and insight on the home extensions market by AMA Research, a leading UK provider of construction market intelligence.

Some of the companies included:

Akzo Nobel, Alumasc, Chesterfelt, Anglian Windows, Armitage Shanks, Arthouse, Bauder, Birtley Group, Bison Precast, BMI Group, Braas Monier, British Gypsum, Cembrit, Commodore Kitchens, Craig & Rose, Crown Paints, Dacrylate, Dennis and Robinson, EOS Facades, Epwin Group, Etex Building Performance, Etex Group, Euroclad Group,Everest, Farrow & Ball, Forterra, Galerie Wallcoverings, Gower, Graham & Brown, Howdens Joinery, Ibstock Brick, Icopal, Ideal Standard, IKO, Johnson Tiles, Kaldewei UK, Kingspan, CA Group, Knauf, Magnet, Mandarin Stone, Marley Eternit, Moores Furniture Group, Nobia, Omega, Palace Chemicals, Persimmon, Porcelanosa Group, Promat, Rixonway Kitchens, Rose Roofing, Russell Roof Tiles, Saint-Gobain Group, Select Wallpaper, Sika, Standard Industries Inc, Tata Steel, The Symphony Group, Thibault Design, Twyford Bathrooms, Villeroy & Boch, Walker Greenbank, Wallpaper Central, Weinerberger, Welsh Slate, and more.

Market Overview – Residential Planning Applications

• Planning decisions – analysis by volume from 2013-2018, with forecasts provided to 2023. Includes major applications, minor applications and householder developments, and trends affecting the market.
• Householder developments – market size for planned householder developments for 2014-2018, with forecasts provided for 2019-2023. Includes single and double storey, dormer, garage and porch extensions, as well as external and internal (e.g. loft and basement developments) works, conservatories, heating and ventilating/renewables, landscaping and roofing.
• Key market influences – includes mortgage lending, established housing stock, house prices, the regulatory environment, renewable energy technologies, internal design trends and the influence of the media.
• Regional analysis – for England, Wales & Scotland, including the number of householder developments granted and key trends by country.

Home Extensions Market

• Overall mix of householder developments by product type – segmentation by volume for 2018, including building extensions (i.e. single and double storey and others), landscaping, internal and external building alterations, landscaping and heating & ventilating products.
• Value of building extensions market – market value for 2014-2018 and forecasts for 2019-2023, including as a percentage of RMI output.
• Analysis by development type – volume mix by type of use by for 2018 for each sector, as well as recent trends, market prospects, etc.
• Key product groups – review of key products used in the home extensions market, including market value within the home extensions sector for bricks, blocks and concrete; kitchens; bathrooms; doors and windows; insulation and roofing; plasterboard and decorating materials.

Market Prospects

• Forecast of market development -prospects up to 2023.
• Positive and negative factors affecting the market – performance of the UK economy, residential RMI output, consumer confidence & spending, changes to planning regulations, etc..

The number of planning applications decided and granted decreased during 2018, after a period of relatively steady and consistent growth. Although a large proportion of householders are still choosing to improve their home rather than move, the uncertain economic situation has led many to defer large-scale home improvement projects.

Prior to 2018, the home extensions market grew in line with the improving economic situation, and supported by the trend towards ‘improve, don’t move.’ Other reasons for growth in the market include changing social trends and living arrangements (e.g. the higher percentage of older children living with their parents, more people working from home, etc.) and the preference for more open-plan interiors.

Although the general outlook for the UK economy remains pessimistic owing to the ongoing uncertainties caused by Brexit, modest growth is anticipated in terms of construction output and RMI activity. Output within the residential RMI sector is expected to increase, despite volatility within the private sector. As a percentage of RMI output, the share taken by building extensions is forecast to increase.