The report has been written specifically for building product manufacturers, distributors and builders merchants, and is available now in a variety of formats for use in your market intelligence reports, presentations and is designed for sharing with colleagues.
The report represents a review of the UK builders merchants market providing statistically valid, reliable and vital market intelligence for any company selling to builders merchants or for the merchants themselves to undertake an in-depth review of their competitive environment.
If you are are interested in a sales job in the builders' merchant market, you can find out more here.>>>
The methodology for this report is based on the last 3 years of financial data from more than 100 builders merchants, coupled with a wide range of secondary sources from websites, Companies House, HM Government, trade journals, credit reference agencies, industry commentators and our own experience of researching this market for more than a decade. The report is also unique in that a 2014 turnover and profit estimate is provided for every company reviewed.
There was encouraging news for the building product manufacturers and suppliers as, based on industry sales, the research untaken for the report showed that their was sustained growth in heavyside sales this year. The report also revealed that key growth sectors have included domestic new build and commercial refurbishment.
The report forecasts market sales growth to 2019, and although this does vary across different markets, the general message is one of optimism for most building product sectors.
Contractors are set to increase their expenditure on tools and equipment in 2016 which should further boost the merchants next year.
Commenting on the findings, Mark Waddy, director at MTW Research, said: “There are clear indications of strengthening profitability for most merchants, tempered to some extent by rising debt levels. Nevertheless, our forecast models indicate that merchants profitability will rise by around 30% in the next few years, underlining a fundamental strength in the market for 2016 and beyond.”
Prospects are for builders’ merchants to benefit from growth in several end use sectors, notably the private house building market and private refurbishment within housing and non-housing applications.
While public expenditure will decline in the current Parliament, MTW Research indicates that this ‘slack’ will be more than accounted for by growth in the private sector refurbishment and newbuild sectors.
The report also points to an increase in demand from the industrial construction and refurbishment sector as business confidence strengthens, sustaining demand growth for builders’ merchants.
The report forecasts relatively healthy sales growth for the next few years to 2019 and indicates that profitability has now fully recovered from the legacy of the recession when income troughed at 60% of current levels. While there remains turbulence for some sectors in the builders’ merchants market, MTW Research’s report presents a generally positive view of current trading conditions, identifies several opportunities for growth and forecasts positive future prospects for builders’ merchants and their suppliers.
Prospects are for builders merchants to benefit from growth in several end use sectors, notably the private house building market and private refurbishment within housing and non-housing applications. Whilst public expenditure will decline in the current Parliament, MTW indicate that this ‘slack’ will be more than accounted for by growth in the private sector refurbishment and new build sectors. The report also points to an increase in demand from the industrial construction and refurbishment sector as business confidence strengthens, sustaining demand growth for builders merchants.
The research report is available now from MTW Research’s website here, or by calling 0845 652 4324.