‘Little or no growth’ market forecast – AMA
12th June 2018

UK window and door fabricators can expect little or no growth in the coming year in the face of a volatile economy and short-term uncertainty, according to the latest report from AMA Research.

“Competition between suppliers remains intensive particularly given the current challenging economic environment. Growth prospects therefore remain modest with only marginal growth at best forecast in the short term,” the report continues.

“The commercial glazing market has experienced steady demand in recent years with office construction in particularly a key driver of growth. However, continued over-capacity in the industry, especially in the PVCu sector, is resulting in intense competition for business mainly amongst the larger retail suppliers.”

In overview, it says: “The supply structure in the overall door and window market remains very fragmented, comprising a mix of vertically integrated retail glazing companies, PVCu trade fabricators and fabricator/installers, aluminium systems fabricator/installers, bespoke glazing contractors, composite door manufacturers, commercial glazing specialists, roof light manufacturers, steel window manufacturers and major joinery companies, as well as others.

Jane Tarver of AMA Research said: “In 2018, the prospects for this industry in the short-medium term remain challenging with little or no growth forecast 2018-19 as the economy remains volatile with some uncertainty over short term prospects. Longer term the outlook is mildly optimistic with lower growth forecast than in previous years but for a return to average growth of around 2-3% towards the end of the forecast period.”

The ‘Door and Window Fabricators Market Report - UK 2018-2022’ report is available now and can be ordered online.

http://www.amaresearch.co.uk/