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Plumbing market down but upturn forecast

The UK market for plumbing products is set to reach £4,511M by 2013.
According to The UK Plumbing Products Market Development report, published by Market & Business Development, the market declined by 1% to £4,382.5M in 2008. And this decline will continue this year and 2010 reflecting the downturn in the UK economy.

However, moderate annual increases of between 2% and 4% are expected in the latter part of the forecast period (2009 - 2013). Overall a real term increase of 4% is projected between 2008 and 2013.

Sales of plumbing products in the domestic central heating sector are expected to decline by 5% in 2009 and by a further 1% in 2010. However annual increases are expected between 2011 and 2013, taking the value of the sector to £1,541.2M.

The demand for bathroom/sanitaryware is believed to be generated by a relatively new social trend towards having more than one bathroom and the increasing popularity of the DIY sector. Between 2008 and 2013, sales are projected to increase by a cumulative 11% in real terms to £1,531.9M (at 2008 prices) in 2013. Furthermore, the proportional importance of this sector is anticipated to increase to 34% by 2013.

By 2013, sales of tubes, pipes and fittings are projected to reach £770.1M at 2008 prices. This represents overall real term growth of 6% compared with 2008.

The UK Plumbing Products Market Development report is available from MBD, priced at £600. However, visitors to the www.heatingandventilating.net website and readers of HVR are offered a 10% discount by quoting the website or magazine when ordering. Tel: 0161 233 7092 or e-mail: enquiries@mbdltd.co.uk
8 July 2009

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