Roofing Market Report - UK Analysis

Transcription

1 Roofing Market Report - UK Analysis Published: 24/08/2017 / Number of Pages: 92 / Price: Introduction and Overview The 11th Edition of the 'Roofing Market Report UK Analysis'focuses on market size, trends, product mix, supply, distribution and prospects, and provides a comprehensive and detailed insight into the different roof covering products across both residential and non-residential applications. The report includes up to date information on recent trends and issues that are likely to have an impact on the market going forward over the next 5 years. Key issues covered: Detailed assessment of the market - analysis of the market structure, key national distributors and recent developments in the market. Forecasts of market developments up to market size and factors impacting on the market. Analysis by product group - roof tiles and slates, flat roofing membranes, metal panel roofing systems, rooflights, bespoke glazing, shingles, fully supported metal roofing etc. - market sizes, key influencing factors, prospects, product mixes and distribution. Key suppliers and market shares. Key areas of insight include: Analysis of market performance from 2012 to 2017 with forecasts to review of the key market drivers; housebuilding, non-domestic newbuild, housing RMI, 'green' roofing, skills issues. Product group analysis - market sizes by value and volume, influences, trends, product mixes for; roof tiles & slates, flat roof membranes, metal roofing panels. Review of key suppliers - Shares of major suppliers within product sector. Review of key distribution channels - channel shares; reviews of specialists, merchants etc. Review of the roofing contracting sector - breakdown by turnover bands, major contractor reviews. Detailed market data and insight on the roofing market by AMA Research, a leading UK provider of construction market intelligence. Some of the companies included:

2 Marley Eternit, Monier Redland, Wienerberger, Cembrit, Russell Building Products, Welsh Slate Ltd, Forticrete Roofing Products, Lagan Cement Products, IKO Plc, Icopal, Rose Roofing, Chesterfelt, Bauder Ltd, Soprema UK, Fatra UK, Axter, Kingspan Insulated Panels, CA Group, Euroclad, Tata Steel Building Systems UK, Ash and Lacy Building Systems, Coverworld UK, Firth Steels, Omnis Exteriors, Brett Martin Daylight Systems, Whitesales, Xtralite, Glazing Vision, SIG Roofing, Burton Roofing Merchants Ltd, Rinus Roofing Supplies Ltd, Chandlers Building Supplies Holdings Ltd, Raven Roofing and Building Supplies Ltd, Alltype Roofing Supplies Ltd, and many more. Roofing Market UK roofing market - market definition, size and product mix. Performance and changes in market in recent years; trends 2012 to Review of the key drivers - Non-residential construction and housebuilding output, skills shortages etc Future market prospects to 2021, key factors influencing future trends, key areas of growth/decline. Roofing Products Product groups reviewed - product mix- roofing tiles, membranes & felts, metal roofing and roof glazing. UK market for roofing tiles - size by value , key influencing factors, prospects. Markets for concrete tiles, clay tiles, natural slates and fibre slates by value Key suppliers and market shares. UK market for flat roofing membranes - size by value Product mix - bitumen felts, single ply membranes, liquid roofing - key issues, areas of growth, key applications, import trends, key suppliers and market shares. UK market for profiled metal roofing - size by value , key influencing factors & prospects, product mix (composite, twin skin, single sheets, standing seam), suppliers & market shares. UK market for rooflights - size by value , trends, key suppliers. Niche sectors - shingles, green roofing, fully supported metal roofing - estimates of market size, key suppliers etc. Distribution Distribution mix by value - roofing merchants, direct supply, specialists, builders' merchants, DIY multiples, others. Profiles of key distributors - company structure, estimates of market shares, product mix and portfolio analysis. Roofing Contracting Analysis of contracting sector - by number of enterprises, turnovers and employee numbers. Application mix by value - domestic, commercial and industrial; newbuild, RMI. Key contractor reviews - over 40 companies e.g. Briggs Amasco, Avonside, Prater, Lakesmere, etc. Report Summary Since 2012, demand for roof coverings has been supported by the growth of housebuilding and domestic RMI, along with increased output in a number of commercial and industrial new build & refurbishment markets. However, tendering for commercial and housebuilding roofing projects has remained highly competitive under challenging market conditions, with many firms putting in low bids to secure work. Since 2015, an acceleration in the shortage of skilled roofers has resulted in demand for higher wages has also contributed towards an overall reduction in margins. Overall market trends are largely determined by levels of demand for concrete roof tiles and metal panel systems, which

3 accounted for around half of total sales between them in While concrete tiles are used on commercial buildings, the main source of increasing demand has been volume housebuilding. Competing products include new clay tiles and, to a lesser degree, fibre cement and natural slates. Demand for roof tiles and slates is relatively lower within the commercial and industrial newbuild & major re-roofing and RMI sectors, with flat roofing and metal roofing systems being used more. Demand for these has grown since 2013, driven by increased levels of output in the industrial, mixed used (offices, leisure and retail), stand-alone office and education markets. The distribution of roofing materials varies significantly between different product sectors. Builders' merchants and roofing merchants are the key routes to market for suppliers of concrete and clay tiles while as the majority of roofing slates are imported, independent importers and distribution networks are the main channels in this sector. With flat roofing systems mainly used on commercial buildings, the main channels are roofing merchants and direct sales. Direct supply from the manufacturer is the main route to market for profiled metal roofing projects, which often require bespoke structures, requiring the contractor to work closely with the manufacturer. There are several factors set to negatively impact the construction market, having a knock-on effect for the roofing market. Uncertainty following Brexit and the general election appears to be undermining confidence within the UK construction industry. Brexit also looks set to undermine the amount of overseas investment in the UK's construction sector and reduce the number of skilled tradesmen from the EU which would force the cancellation and abandonment of many developments. That said there are a number of more positive factors as far as the roofing sector is concerned. In particular the roofing sector is driven by both the RMI and new build side and the RMI side is in turn driven by need or necessity as opposed to style or design. As such the market remains supported, even during difficult economic times, as if the roof needs to be repaired that cannot be easily delayed or postponed. A further positive factor is that the housebuilding market remains very positive in the sense that demand levels are high and the Government has indicated that it wants to support the affordable sector with various schemes. That should provide some stimulus to the roofing sector. Bearing these conflicting factors in mind we forecast a stabilisation in demand for roofing products through to 2021, with more positive market growth at the latter part of the forecast period, reflecting some improvement in confidence and the economy, as the impact of the EU exit settles down. List of Report Contents Contents Listing 1. INTRODUCTION BACKGROUND SOURCES OF INFORMATION 7 2. EXECUTIVE SUMMARY SUMMARY MARKET PROSPECTS ECONOMIC ENVIRONMENT GDP INFLATION & INTEREST RATES UNEMPLOYMENT 15

4 3.4 HOUSEHOLD CONSUMPTION HOUSING & CONSTRUCTION STERLING POPULATION PROFILE CONCLUSIONS UK ROOF COVERING PRODUCTS MARKET DEFINITION MARKET OVERVIEW Market Background Market Prospects KEY MARKET DRIVERS Housebuilding Commercial, Industrial & Public Sector Construction Housing RMI Skills Shortages ROOF TILES AND SLATES DEFINITION MARKET OVERVIEW Market Size and Trends Product and User Mixes Concrete Roof Tiles New Clay Roof Tiles Natural Worked Slates Fibre Cement Slates and Sheets SUPPLY Market Shares 42

5 5.3.2 Key Suppliers FLAT ROOF MEMBRANES DEFINITION MARKET OVERVIEW PRODUCT MIX Overview Bitumen Membranes Single Ply Membranes GRP & Other Liquid Roofing Systems 'Green' Roofs Other Products SUPPLIER PROFILES METAL ROOFING PANELS DEFINITION MARKET OVERVIEW PRODUCT MIX SUPPLIERS MANUFACTURED STANDARD ROOFLIGHT SYSTEMS DEFINITION MARKET OVERVIEW PRODUCT MIX END USER MIX SUPPLY NICHE ROOFING PRODUCTS BESPOKE GLAZING SYSTEMS ROOF SHINGLES 79

6 9.3 SUPPORTED METAL ROOFING PRODUCTS DISTRIBUTION OVERVIEW KEY DISTRIBUTION CHANNELS Roofing Merchants Other Specialist Distributors Builders Merchants ROOFING CONTRACTING STRUCTURE LEADING ROOFING CONTRACTORS 89 Tables & Charts CHART 1: UK ROOF COVERINGS MARKET BY VALUE ( M MSP) TABLE 2: GDP DATA KEY CONSTITUENT ELEMENTS 13 CHART 3: INTEREST RATES AND INFLATION (CPI) FROM CHART 4: PDI & SAVINGS RATIO AT CURRENT PRICES TABLE 5: EXCHANGE RATE FLUCTUATIONS STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES 17 TABLE 6: UK MARKET FOR ROOF COVERINGS BY VALUE ( M MSP) CHART 7: CONSTRUCTION OUTPUT (GREAT BRITAIN) NEW WORK & RMI - CURRENT PRICES ( BN) CHART 8: NON-RESIDENTIAL CONSTRUCTION OUTPUT NEW WORK ANALYSIS BY SECTOR 2016 AND % BY VALUE GB 26 CHART 9: UK OFFICE STOCK BY REGIONAL BY GIFA 28 CHART 10: UK ENTERTAINMENT MARKET - SHARE OF REVENUE BY SECTOR - FOOD SERVICE, HOTELS, PUBS, HEALTH CLUBS ETC. 30 CHART 11: RMI HOUSING OUTPUT AND FORECASTS BY VALUE ( M AT CURRENT PRICES) 31 TABLE 12: HOUSING RMI REGIONAL ANALYSIS (GB) BY VALUE ( M) AND % BY REGION

7 CHART 13: UK ROOF TILES MARKET BY VALUE ( M MSP, MANUFACTURERS SELLING PRICES) CHART 14: UK ROOF TILES % MIX BY TYPE BY VOLUME AND VALUE CHART 15: UK ROOF TILES % MIX BY END USE SECTOR BY VALUE CHART 16: CONCRETE ROOF TILES MARKET BY VALUE ( M MSP) AND VOLUME (M2) SUPPLIED CHART 17: NEW CLAY ROOF TILES MARKET BY VALUE ( M MSP) AND VOLUME SUPPLIES (MILLION M2) CHART 18: UK MARKET FOR ROOF SLATES ( M MSP) CHART 19: UK MARKET FOR FIBRE CEMENT ROOFING PRODUCTS ( M MSP) CHART 20: MARKET SHARES FOR ROOF TILE SUPPLIERS CHART 21: UK MARKET FOR FLAT ROOFING WATERPROOFING MEMBRANES ( M MSP) CHART 22: UK FLAT ROOF WATERPROOFING MEMBRANES MIX BY AREA INSTALLED CHART 23: UK MARKET FOR BITUMEN MEMBRANES BY VALUE ( M MSP) AND BY AREA INSTALLED (MILLION M²) CHART 24: UK INSTALLATION OF BITUMINOUS MEMBRANES ON FLAT ROOFS BY AREA BY METHOD OF APPLICATION TABLE 25: MANUFACTURERS UK MARKET SHARES BY VOLUME OF BITUMINOUS MEMBRANES SUPPLIED CHART 26: UK MARKET FOR SINGLE PLY MEMBRANES BY VALUE ( M MSP) AND BY AREA INSTALLED (MILLION M²) CHART 27: UK DEMAND FOR SINGLE PLY MEMBRANES BY END USE SECTOR BY AREA INSTALLED CHART 28: UK MARKET FOR SINGLE PLY MEMBRANES BY MATERIAL TYPE BY APPROXIMATE AREA INSTALLED CHART 29: MANUFACTURERS ESTIMATED SHARES OF THE UK MARKET FOR SINGLE PLY MEMBRANES BY VALUE CHART 30: UK MARKET FOR METAL ROOFING PANEL SYSTEMS BY AREA INSTALLED (MILLION M²) AND VALUE ( M MSP) CHART 31: TYPICAL END USE APPLICATIONS FOR METAL ROOFING PANELS BY AREA INSTALLED TABLE 32: UK MARKET FOR METAL ROOF PANEL SYSTEMS BY PRODUCT TYPES BY AREA INSTALLED CHART 33: UK MARKET FOR ROOFLIGHTS BY VALUE ( M MSP) CHART 34: ROOFLIGHTS MARKET - ESTIMATED MIX BY MATERIAL BY VALUE CHART 35: NON-RESIDENTIAL MARKET FOR ROOFLIGHTS - ESTIMATED END USER MIX BY VALUE

8 CHART 36: NON-RESIDENTIAL ROOFLIGHTS - SUPPLIERS MARKET SHARES CHART 37: UK MARKET FOR BITUMEN SHINGLES BY VALUE ( M) TABLE 38: UK SUPPLY OF BITUMINOUS SHINGLES -MARKET SHARE ESTIMATES CHART 39: OVERVIEW OF DISTRIBUTION WITHIN THE UK ROOFING MARKET 83 CHART 40: TYPICAL OVERALL DISTRIBUTION MIX FOR ROOFING PRODUCTS BY VALUE TABLE 41: MIX OF ROOFING CONTRACTORS BY NUMBER OF EMPLOYEES 88 The'Roofing Market Report - UK Analysis' costs 845+VAT (if applicable) for a PDF version. Other formats are available - click here for a information about available report formats. All AMA reports are sold with a single user licence as standard. For more information about AMA licences click here. About AMA Research Established in 1989, AMA Research is widely recognised as the leading specialist provider of market research to the UK building and construction industries. AMA s research and analysis goes beyond the more commonly available range of statistical and company information to provide expert, informed commentary and in-depth market analysis, making the reports a valuable and relevant resource for understanding the UK s construction and associated markets. We offer the following: Consultancy and bespoke research projects Published research reports high quality, detailed research reviews covering a wide range of environmental, building and construction products. Our extensive experience and in-house research database enables us to offer specialised and flexible bespoke research services, as well as giving excellent value for money. Our experienced in-house team of researchers are experts in their fields and adept in conducting original and relevant research for reports or bespoke projects, and key decision makers across the building and construction industries, both in the UK and abroad, frequently use our high-quality reports as their primary source of market data. To find out more about AMA Research, visit: or call us on