THE MARKET FOR DOMESTIC CONSERVATORIES

Palmer Market Research, Office 104 61 Victoria Road, Surbiton, Surrey, KT6 4JX

October 2014

LIST OF CONTENTS

Page Number INTRODUCTION

1

SECTION ONE - MARKET OVERVIEW 2013 Market Forecast to 2018 Tables

2 3 4 4

SECTION TWO – HOME IMPROVEMENT MARKET Summary 2013 Market Routes to Market Forecast to 2018 Market Drivers Introduction Housing Market Housing Equity Withdrawal Interest Rates Real Disposable Incomes Unemployment Consumer Confidence Tables

7 8 9 12 13 15 15 15 16 17 17 18 18 19

SECTION TWO – NEW HOUSING MARKET 2013 Market Forecast to 2018 Housebuilding Market 2013 Market Forecast to 2018 – Private Sector Forecast to 2018 – Social Sector Tables

27 28 28 29 29 30 31 33

SECTION THREE – ECONOMIC BACKGROUND

36

Introduction 2013 2014 to 2018 Table APPENDICES

37 37 37 38 39

© Palmer Market Research 2014

LIST OF TABLES AND CHARTS

Page No. Section One - Market Overview Chart 1.1

Chart 1.2

Chart 1.3

Table 1.1

Table 1.2

Table 1.3

Conservatory rket Market in Housing in Great Britain Volume and Value Trends 2000 to 2013

3

Conservatory Market in Housing in Great Britain 2012 and 2013 by Sector

3

Trends in the Conservatory Market in Housing in Great Britain 2007 to 2018

4

Trends in the Market for Domestic Conservatories in Great Britain 2000 to 2018 by Sector – Numbers of Conservatories

4

Trends in the Market for Domestic Conservatories in Great Britain 2000 to 2018 by Sector – Installed Value and Average Installed Prices Trends in the Market for Domestic Conservatories in Great Britain 2000 to 2018 By Frame Material

5

6

Section 2 – Home Improvement Market Chart 2.1

Chart 2.2

Chart 2.3

Chart 2.4

Chart 2.5

Chart 2.6

Conservatory Market in Home Improvements in Great Britain Volume and Value 2000 to 2013

9

Trends in the Conservatory Market in Home Improvements – Great Britain – By Frame Materials

9

Conservatory Market in Home Improvements – Great Britain – By First Time and Replacement Installations

9

Conservatory Market in Home Improvements in Great Britain Average Installed Prices 2000 to 2013

9

Conservatory Market in Home Improvements in Great Britain Installed Price Bands 2012 and 2013

10

Conservatory Market in Home Improvements in Great Britain – Styles of Conservatories 2012 and 2013

10

© Palmer Market Research 2014

Conservatory Market in Home Improvements – Great Britain – Types of Doors 2013

11

Conservatory Market in Home Improvements – Great Britain – Treatment of Openings between Conservatory and House 2013

11

Conservatory Market in Home Improvements – Great Britain – Roof Glazing Trends

12

Conservatory Market in Home Improvements – Great Britain – Trends by Sales Route 2000 to 2013

12

Conservatory Market in Home Improvements – Great Britain – Installed Price Bands by Sales Route 2013

13

Trends in the Home Improvement Window and Conservatory Markets 1995 to 2013 (Annual % Changes)

13

Trends in the Total Home Improvement Conservatory Market in Great Britain 2007 to 2018

14

Trends in the Total Home Improvement Conservatory Market in Great Britain New v Replacement 2007 to 2018

14

Average House Prices v RMI in Private Sector Housing in Great Britain. Trends in Annual Percentage Changes 2000 to 2013

15

Average House Prices in Great Britain. Trends in Annual Percentage Changes 2000 to 2018

15

Chart 2.17

Housing Transactions – UK - 2007 to 2018

16

Chart 2.18

UK Housing Equity Withdrawal Trends Q1 2001 to Q1 2014

16

Chart 2.19

Remortgaging – Monthly Approvals January 2000 to June 2014

16

Chart 2.20

Trends in UK Bank Base Rates 2000 to 2018

17

Chart 2.21

Trends in Real Disposable Income 2000 to 2018

17

Chart 2.22

Consumer Confidence UK 2000 to 2014 - % Balance: Getting Better, Getting Worse

18

Consumers’ Likelihood of Investing in Home Improvements - UK 2000 to 2014

18

Chart 2.7

Chart 2.8

Chart 2.9

Chart 2.10

Chart 2.11

Chart 2.12

Chart 2.13

Chart 2.14

Chart 2.15

Chart 2.16

Chart 2.23

© Palmer Market Research 2014

Table 2.1

Table 2.2

Table 2.3

Table 2.4

Table 2.5

Table 2.6

Table 2.7

Table 2.8

Table 2.9

Table 2.10

Table 2.11

Table 2.12

Table 2.13

Table 2.14

Trends in the Market for Conservatories in Home Improvements in Great Britain 2000 to 2018 Numbers, Installed Value and Average Installed Prices

19

Trends in the Market for Conservatories in Home Improvements in Great Britain by Window Frame Material 2000 to 2018 Installed Value (£ Million)

20

Trends in the Market for Conservatories in Home Improvements in Great Britain by Window Frame Material 2000 to 2018 No. of Units

20

Trends in the Market for Conservatories in Home Improvements in Great Britain by Routes to Market 2000 to 2018 Installed Value

21

Trends in the Market for Conservatories in Home Improvements in Great Britain by Routes to Market 2000 to 2018 No. of Units

21

The Market for Conservatories in Home Improvements in Great Britain Volume and Price Details by Sales Route 2013

22

The Market for Conservatories in Home Improvements in Great Britain Price Details by Sales Route 2013

22

Trends in the Market for Conservatories in Home Improvements in Great Britain by Conservatory Style 2000 to 2013 No. of Units

22

The Market for Conservatories in Home Improvements in Great Britain Window Frame Material by Sales Route 2013 – No. of Units

23

Trends in the Market for Conservatories in Home Improvements in Great Britain Dwarf Walls v Full Height Glazing 2000 to 2013 No. of Units

23

Trends in the Market for Conservatories in Home Improvements in Great Britain Windows by Frame Materials 2001 to 2018 Thousand Frames

24

Trends in Casements, Vertical Sliders, Tilt & Turn and Other Window Styles in Conservatories in the Home Improvement Market in Great Britain Thousand Frames 2001 to 2013

24

The Market for Conservatories in Home Improvements in Great Britain Entrance Doors – Types by Situation 2013 Thousand Doorsets

25

The Market for Conservatories in Home Improvements in Great Britain Sliding and Hinged Entrance Doors – by Frame Material © Palmer Market Research 2014

Table 2.15

Table 2.16

2013 Thousand Doorsets

25

Trends in the Market for Conservatories in Home Improvements In Great Britain Roof Structures by Materials 2000 to 2013 Thousands

25

Trends in the Market for Conservatories in Home Improvements in Great Britain Roof Glazing Details 2004 to 2013

26

Section 3 – New Housing Market Chart 3.1

Conservatory Market in New Build Housing in Great Britain 2000 To 2013 (nos of units)

28

Trends in the New Build Housing Conservatory Market in Great Britain 2007 to 2018

28

House-building Market in Great Britain Starts and Completions 1985 to 2013 (Thousands)

29

Chart 3.4

Housebuilding Market in Great Britain 2013 by Sector

29

Chart 3.5

Housebuilding Market in Great Britain 2013 Regional Starts

29

Chart 3.6

Percentage Shares taken by Houses and Flats in Great Britain 2000 to 2013

29

Percentage of Housing Registrations in Great Britain 2013 by Size Of Housebuilder

30

Chart 3.8

UK Annual House Price Rates of Change 2011 to 2014

30

Chart 3.9

Private Sector Housing Starts – England 2011 to 2014

30

Chart 3.10

Annual Percentage Growth of Private Sector Housing Starts in Great Britain 2011 to 2018

31

Annual Percentage Growth of Private Sector Housing Completions In Great Britain 2011 to 2018

31

Annual Percentage Growth of Social Housing Starts in Great Britain 2011 to 2018

32

Annual Percentage Growth of Social Sector Housing Completions in Great Britain 2011 to 2018

32

Chart 3.2

Chart 3.3

Chart 3.7

Chart 3.11

Chart 3.12

Chart 3.13

© Palmer Market Research 2014

Table 3.1

Table 3.2

Table 3.3

Trends in the Market for Conservatories in New Housing in Great Britain 2000 to 2018 Number of Units and Installed Value (£ Million)

33

Trends in the Market for Conservatories in New Housing in Great Britain 2003 to 2018 by Window Frame Material No. of Units

34

Housing Starts and Completions 1985 to 2018 Great Britain By Sector (Thousands)

35

Section 4 – Economic Background Chart 4.1

Consumer Confidence UK 2000 to 2014

38

Chart 4.2

UK Investment Intentions – Bank of England Agents Survey (January) 2007 to (July) 2014 (Agents Score)

38

Table 4.1

Summary of Macro-Economic Assumptions United Kingdom 2013 - 2018

© Palmer Market Research 2014

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