Interior Refurbishment and Fit-Out Market Report – UK 2018-2022


Save with our report bundles!

VIEW BUNDLES

Interior Refurbishment and Fit-Out Market Report – UK 2018-2022

£895.00

This 7th edition reviews the UK commercial interior refurbishment & fit-out market taken from the perspective of prime contractors, rather than sub-contracted trades or materials suppliers. Within the context of this report we include fit-out undertaken in existing premises, interior refurbishment and shell and core fit-out. Detailed market data and insight on the interior refurbishment and fit-out market by AMA Research, a leading UK provider of construction market intelligence.

The ‘Interior Refurbishment and Fit-Out Market Report – UK 2018-2022’ costs £895+VAT (if applicable) for a PDF version.

  • Order Report in 3 easy steps

    Step

    1 /


The 7th edition of AMA Research’s report on the UK interior refurbishment and fit-out market provides detailed insight including a review of important trends and influences in the industry. It reviews the UK market for interior refurbishment and fit out services, covering all non-domestic building applications from the perspective of prime fit-out and interior refurbishment contractors.

Key content covered:

  • Interior refurbishment and fit out market – size, structure, key trends and market prospects.
  • Construction activity – review of current and future new build output in key end use sectors.
  • End-use sectors – commercial offices, retail, education, healthcare and leisure & entertainment.
  • Supply and distribution – review of leading contractors and trends within the supply sector.
  • Market forecasts – overall and for key end use sectors up to 2022.

Key areas of insight include:

  • Key market trends – market size and recent trends and developments.
  • Construction activity – shift from new build to refurbishment and upgrading of properties in offices, healthcare and education sectors etc.
  • Review of key market sectors – commercial offices, retail, education, healthcare and leisure & entertainment sectors.
  • Supply chain review – analysis of key contractors, as well as main procurement methods.
  • Market prospects to 2022 – analysis of the key factors affecting future industry direction.
  • Detailed market data and insight on the interior refurbishment and fit-out market by AMA Research, a leading UK provider of construction market intelligence.

Some of the companies included:

8Build, Alan Nuttall Partnership, Beck Interiors, Byrne Group, BW Workplace Interiors, Clark Contracts, Collins Construction, Como Interiors, County Contractors, Fourfront Group, Gilbert-Ash, Harvey Shopfitters, Havelock Europa, Mac-Interiors, Maris Interiors, Modus Workspace, Morris & Spottiswood, Oktra, Paragon, Parkeray, Simpson (York), Structure Tone UK, Styles & Wood Group, Tétris-bluu, Wates Smartspace, Willmott Dixon Interiors (WDI).

Market Overview

  • UK Market size by value – data for 2013-2017, with forecasts for 2018-2022 period.
  • Key market issues – public sector budgets, construction industry skills shortages, continued growth of e-commerce, greater use of BIM techniques, etc.
  • Construction output – new build output for key market sectors and market prospects.
  • End use market mix – for 2017 and 2022, covering offices, retail, education, healthcare and leisure/entertainment.

Key End Use Sector Review

  • Offices – demand for commercial offices within Central London market (e.g. City, West End, Docklands) and other leading UK cities, plus shortages of Grade A office space and changing workplace design.
  • Retail – shift in emphasis from large-scale developments to smaller format stores, growth of multi-channel retailing due to rising penetration of online shopping (e.g. Click & Collect).
  • Education – demand for upgrades and refurbishment from schools, colleges and universities, changing pupil and student numbers, impact of Government measures (e.g. Priority Building for Schools) and investments into student accommodation.
  • Leisure/entertainment – levels of refurbishment taking place in hotels, pubs/clubs, restaurants, gyms and fitness clubs, cinemas and betting/gaming, as well as strong growth in demand from budget chains in the hotels and gyms/fitness clubs sectors.
  • Healthcare – continued impact of Government legislation changing the shape of the UK healthcare industry, move towards provision of more locally-based services, rationalization of the NHS estate to release funds and likelihood of investment into the care homes sector to cope with the ageing population.

Market Structure and Supply

  • Overview of industry structure – market polarisation and fragmentation, participation by large national builders, leading contractors etc.
  • Company profiles – split by turnover bands, providing information such as financial performance, merger and acquisition activity, recent new product innovations, etc.

Given the broad interpretation of ‘interior refurbishment’, the market definition used for the purposes of this report primarily consists of main contractors typically managing the interior fit-out element of non-domestic new build/shell & core developments and full upgrades or refurbishment of existing non-domestic premises.

The interior fit-out and refurbishment market, as defined in this report, has increased by 34% since 2013 in value terms. However, annual growth levels are starting to slow with more constrained growth forecast, for reasons such as the uncertain state of the UK economy, the deferral of major investment decisions, cuts to public sector budgets and a continued scaling back of large construction programmes.

In many end use sectors, demand for refurbishment services is being led by changes in the way industries operate, e.g. a much greater emphasis upon technology-based learning in schools and universities, as well as rising expectations amongst students, which has led to significant improvements in many HEI facilities. Annual levels of growth of around 2-3% are forecast for the next few years.

From a supply perspective, the industry remains fragmented. There have been relatively few major entrants into the interior refurbishment and fit-out market in recent years, since much of the turnover generated from leading companies is from repeat business or long-term contracts and store roll-out programmes. However, an increasing number of large national contractors have diversified into or expanded their operations within the fit-out market.

  1. Contents Listing
  2. 1. INTRODUCTION 7
  3. 1.1 BACKGROUND 7
  4. 2. SUMMARY 9
  5. 2.1 BACKGROUND 9
  6. 2.2 MARKET PROSPECTS 10
  7. 3. ECONOMIC ENVIRONMENT 12
  8. 3.1 GDP 12
  9. 3.2 INFLATION & INTEREST RATES 13
  10. 3.3 UNEMPLOYMENT 14
  11. 3.4 HOUSEHOLD CONSUMPTION 15
  12. 3.5 HOUSING & CONSTRUCTION 15
  13. 3.6 STERLING 16
  14. 3.7 POPULATION PROFILE 16
  15. 3.8 CONCLUSIONS 17
  16. 4. OVERVIEW OF FIT-OUT & INTERIOR REFURBISHMENT MARKET 18
  17. 4.1 DEFINITION 18
  18. 4.2 MARKET SIZE & TRENDS 18
  19. 4.2.1 Market Background and Size 18
  20. 4.2.2 Market Prospects 20
  21. 4.2.3 End Use Sector Mix 21
  22. 4.2.4 Construction Output 22
  23. 4.3 OTHER MARKET INFLUENCES 24
  24. 4.3.1 Building Information Modelling 24
  25. 4.3.2 Shortages in Traditional Construction Skills 25
  26. 4.3.3 Growth in E Commerce 26
  27. 5. COMMERCIAL OFFICES 28
  28. 5.1 INTRODUCTION 28
  29. 5.2 MARKET SIZE, TRENDS AND FORECASTS 29
  30. 5.2.1 Overview of the UK Office Market 29
  31. 5.2.2 Market Size and Recent Trends 32
  32. 5.2.3 Market Prospects 33
  33. 6. RETAIL 36
  34. 6.1 INTRODUCTION 36
  35. 6.2 MARKET SIZE, RECENT TRENDS AND FORECASTS 36
  36. 6.2.1 Market Size and Recent Trends 36
  37. 6.2.2 Market Prospects 39
  38. 7. EDUCATION 40
  39. 7.1 INTRODUCTION 40
  40. 7.1.1. Schools 40
  41. 7.1.2 Higher Education Institutions 42
  42. 7.2 MARKET SIZE, TRENDS AND FORECASTS 43
  43. 7.2.1 Education Interior Refurbishment and Fit Out Market Size 43
  44. 7.2.2 Schools and Colleges 44
  45. 7.2.3 HEIs 46
  46. 8. HOTELS, FOODSERVICE & LEISURE 49
  47. 8.1 INTRODUCTION 49
  48. 8.2 MARKET SIZE, TRENDS AND FORECASTS 50
  49. 8.2.1 Market Size and Trends 50
  50. 8.2.2 Hotels and Similar Accommodation 51
  51. 8.2.3 Food and Drinks Service Industry 53
  52. 8.2.4 Health & Fitness Centres / Leisure Centres 56
  53. 8.2.5 Other 56
  54. 9. HEALTHCARE 58
  55. 9.1 INTRODUCTION 58
  56. 9.2 MARKET SIZE, TRENDS AND FORECASTS 59
  57. 10. PROCUREMENT 63
  58. 10.1 COMMERCIAL OFFICES 63
  59. 10.2 RETAIL 64
  60. 10.3 SCHOOLS AND COLLEGES 65
  61. 10.4 HIGHER EDUCATION 66
  62. 11. MARKET STRUCTURE & SUPPLY 69
  63. 11.1 OVERALL STRUCTURE 69
  64. 11.2 COMPANIES WITH A TOTAL TURNOVER OF £100M PLUS 69
  65. 11.3 COMPANIES WITH TOTAL £50 – 99M TURNOVERS 73
  66. 11.4 COMPANIES WITH TOTAL > £10 – 49M TURNOVER 76
  67. 11.5 MAJOR CONSTRUCTION COMPANIES WITH FIT-OUT DIVISIONS OR UNITS 80
  1. Tables & Charts
  2. CHART 1: FIT-OUT & INTERIOR REFURBISHMENT MARKET SIZE AND FORECASTS BY OUTPUT VALUE (£ BILLION AT CURRENT PRICES) 2013 -2022 9
  3. TABLE 2: GDP DATA – 2015-2017 – KEY CONSTITUENT ELEMENTS 12
  4. CHART 3: INTEREST RATES AND INFLATION (CPI) FROM 2000-2022 14
  5. CHART 4: PDI & SAVINGS RATIO AT CURRENT PRICES 2000-2022 15
  6. TABLE 5: EXCHANGE RATE FLUCTUATIONS 2014-2020 – STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES 16
  7. TABLE 6: UK FIT OUT & INTERIOR REFURBISHMENT MARKET SIZE AND FORECASTS £M 2013 -2022 18
  8. CHART 7: UK INTERIOR FIT-OUT & REFURBISHMENT MARKET BY END USE SECTOR (OFFICES, RETAIL, EDUCATION, HEALTHCARE, LEISURE ETC) BY VALUE 2017 & 2022 21
  9. CHART 8: NON-HOUSING CONSTRUCTION NEW WORK OUTPUT IN KEY MARKETS BY VALUE (£MILLION AT CURRENT PRICES) 2013-2021 22
  10. TABLE 9: UK CONSTRUCTION INDUSTRY BY PROFESSION, 2012-2022 (NUMBER OF WORKERS) 26
  11. CHART 10: NUMBER OF OFFICES IN ENGLAND & WALES BY REGION, 2017 29
  12. CHART 11: CENTRAL LONDON OFFICE MARKET – OFFICE TAKE UP (MILLION SQUARE FEET) FOR PERIOD Q1 2015-Q4 2017 30
  13. CHART 12: CENTRAL LONDON OFFICE MARKET – OFFICE VACANCY RATES (%) FOR PERIOD Q1 2015-Q4 2017 31
  14. CHART 13: OFFICES INTERIOR REFURBISHMENT AND FIT OUT BY VALUE (£ MILLION) 2012 -2022 32
  15. TABLE 14: VALUE OF CONTRACTORS OUTPUT IN THE OFFICE SECTOR £M 2013-2021 33
  16. CHART 15: CENTRAL LONDON OFFICE MARKET – OFFICE SPACE UNDER CONSTRUCTION (MILLION SQUARE FEET) FOR PERIOD Q4 2015-Q4 2017 34
  17. CHART 16: RETAIL INTERIOR REFURBISHMENT AND FIT OUT BY VALUE (£ MILLION) 2012 -2022 36
  18. CHART 17: RETAIL NEW WORK OUTPUT BY VALUE (£ BILLION AT CURRENT PRICES) 2013 -2021 37
  19. TABLE 18: UK RETAIL VALUE SALES EXCL. AUTOMOTIVE & FUEL – NOT SEASONALLY ADJUSTED – 2013-2017 (£BN) 37
  20. TABLE 19: UK EDUCATIONAL ESTABLISHMENTS BY NUMBERS AND HEADCOUNTS, 2017 40
  21. TABLE 20: EDUCATION CONTRACTORS NEW WORK OUTPUT (£M) 2012-2021 43
  22. CHART 21: EDUCATION INTERIOR REFURBISHMENT AND FIT OUT BY VALUE (£ MILLION) 2012 -2022 44
  23. CHART 22: NUMBER OF STUDENT ENROLMENTS IN THE UK (MILLION STUDENTS) – 2012/2013-2016/2017 46
  24. CHART 23: UK ENTERTAINMENT MARKET – SHARE OF REVENUE BY SECTOR – FOOD SERVICE, HOTELS, PUBS, HEALTH CLUBS ETC. 2017 49
  25. CHART 24: LEISURE INTERIOR REFURBISHMENT AND FIT OUT BY VALUE (£ MILLION) 2012 -2022 50
  26. CHART 25: LEISURE AND ENTERTAINMENT CONSTRUCTION NEW WORK OUTPUT BY VALUE (£ BILLION AT CURRENT PRICES) 2013 TO 2021 51
  27. CHART 26: TURNOVER IN THE UK HOTEL SECTOR (£ BN AT CURRENT PRICES) 2013 TO 2021 52
  28. TABLE 27: TOP UK FOODSERVICE GROUPS BY OUTLET NUMBERS 2017 54
  29. CHART 28: HEALTHCARE INTERIOR REFURBISHMENT AND FIT OUT BY VALUE (£ MILLION) 2012 -2022 59
  30. CHART 29: HEALTHCARE CONSTRUCTION NEW WORK OUTPUT BY VALUE (£ BILLION AT CURRENT PRICES) 2013 TO 2021 60
  31. TABLE 30: MAIN PRIVATE LANDLORD-DEVELOPERS ESTATES SIZES AND SUB-REGIONS 63
  32. TABLE 31: UK RETAIL INDUSTRY – INTERIOR REFURBISHMENT & FIT OUT CONTRACTORS 65
  33. CHART 32: FIT-OUT & INTERIOR REFURBISHMENT CONTRACTORS MIX 2016/2017 69

Register your interest in the report

By using this form you agree with the storage and handling of your data by this website.

We have over 30 years
experience offering market research services.

AMA Research have a team of in-house researchers with recognised marketing qualifications and extensive Marketing and Market Research experience across a wide range of disciplines, and each project is managed in-house by an experienced member of staff.

Please phone us or email us whenever you need our help.

FAQs

Want to view more questions?
Visit our FAQ page >>

Due to the high volume of reports published, we cannot provide a sample for each report. However, if you’d like to see an example of an AMA Research report, you can find some recent sample reports by clicking here.

You can place an order online, by telephone, by email or by post.

• Ordering online

To order using the website, please go to www.amaresearch.co.uk and navigate through to the report you would like to order. Once on the report page, select the format and licence type, and click on the ‘order now’ button. This will add the report to the shopping basket, where it will remain until you proceed to checkout or close your browser.

You can access your shopping basket from the ‘my basket’ link in the top right hand corner of the page. Once you have finished shopping, go to the basket where you can review your order. If you wish to proceed, just click the checkout button to complete your details and input payment details.

Please note that online orders are also subject to the delivery times outlined above – you will not be able to access your report until it has been added to your account by a member of the customer services team.

• Ordering by telephone

Call +44 (0)1242 235724 during office hours to speak to a customer service representative.

• Ordering by email

Email your order to [email protected]. Remember to include the billing address and preferred payment method, as well as the promotional code and purchase order number, if applicable. A customer service representative will confirm your order within 24 hours by email or phone.

• Ordering by post

Post your order to:

AMA Research Ltd
2.2 Montpellier House
Montpellier Drive
Cheltenham
GL50 1TY
United Kingdom

We accept the following methods of payment:

Credit/Debit card – we accept Visa, MasterCard, American Express, Diners Club and JCB debit and credit cards. We use Sage Pay to process all card transactions – when selecting this option, you will be redirected to the Sage Pay’s secure payment page. Once the transaction is complete you will receive a paid invoice and card receipt via email. You may also call us with your card details.

Invoice – AMA Research can issue an invoice to UK based companies that wish to pay by bank transfer. This is sent to customers by email only, but if required a hard copy can also be sent by post. Invoices are payable within 30 days of the invoice date, and after this period, AMA Research may, at its discretion, add interest of 2% to the final total.

Please note that for non-registered UK companies or individuals without limited company status, and companies based outside of the UK, we normally require payment before the report can be released – either by credit card or bank transfer against the invoice.

Card and bank transfer payments are made in Pounds Sterling only, unless otherwise arranged. Please contact us if you wish to pay in Euros or US dollars. In this case an additional £15 fee will be added to your order to cover bank charges.

Each of our reports provide an in-depth look into the market that is reviewed, and reports will usually contain analysis and data relating to market size; market structure; key products; product mixes; leading suppliers; distribution structure and key applications or market sectors. However, the structure varies depending on the focus of the report. You can always view the contents listing, including a full list of all charts and tables, for each individual report on our website, which will give you an idea of the structure of the particular report you are interested in.

Our report focus on B2B usage, therefore do not generally incorporate consumer data. All reports begin with an executive summary highlighting the key points from the report.

We may offer discounts for purchases of 3+ reports in the same transaction. Please contact us for details, or check out the subscriptions page on our website for information about our great value report bundles and related purchase options.

Our reports come with a single user licence, which allows for access on a single computer. However, AMA Research offers a range of different licence options to suit your requirements. For more information on the licence options, please click here.

We have over 30 years
experience offering market research services.

AMA Research have a team of in-house researchers with recognised marketing qualifications and extensive Marketing and Market Research experience across a wide range of disciplines, and each project is managed in-house by an experienced member of staff.

Please phone us or email us whenever you need our help.

How can we help?

Tell us what you are looking to achieve & we will aim to provide the best solution and price. Rather speak to someone?

Call 01242 235724.

By using this form you agree with the storage and handling of your data by this website.

We’ll do our best to respond within 4 working hours.

If you need a quicker response, please call us on
01242 235724.