Clearview National March 2018 - Issue 196 | Page 55

PROUD SPONSOR OF DOORS & WINDOWS DOORS&WINDOWS 3% growth in the UK Door and Window Fittings Market » » THE UK MARKET FOR DOOR AND window fittings grew by around 3% in 2017. This is lower than in 2016, in line with slowing growth rates for the construction market and stimulated by greater demand for higher specification products. The door and window fittings market are closely linked to the fabrication and installation markets as well as the overall glazing industry, which is relatively mature but has seen steady growth in recent years. Polarisation is a feature of this market and this is characterised at one end by high value, high specification products and low cost, basic product ranges at the other end – with the lower value sectors of the market experiencing significant downward pressure on average prices due to increasing import penetration. There has been little change to the product mix for door and window fittings in recent years. Locks and handles represent the two major product sectors, together accounting for over half of the fittings market, although mechanical locks have lost some share as electronic locks have become more widespread. Door closers now account for an estimated 15%, having shown stronger than average growth. Product development tends to be influenced by several factors including fashion, legislation and technical issues. Higher security standards play a significant role in product development and improvement, and there is some evidence of growing demand for automation in doors and windows which may drive development in the market going forward. Standard white hardware is declining in popularity, with finishes such as brushed chrome, brass, burnished bronze and nickel becoming more popular in the domestic sector. In terms of supply, the UK door and window fittings market has seen a slowing of merger and acquisition activity in the last two years, following significant consolidation of suppliers in previous years, although the industry remains highly fragmented. Due to the wide range of options, styles and applications, many companies operate in just one or a few of the product sectors within this market. Imports also continue to play a significant role in the UK door and window fittings market. Key drivers for growth are likely to be the trend to trade up to higher specification products, particularly those which offer added security features and are aimed at the commercial sector. Another major main driver for growth will be improving output levels in the private commercial construction sector and continued growth in the housing market. www.amaresearch.co.uk Start the week with Clearzine. • Every Monday. • Delivered to 14,000 industry emails. • Your weekly news portal. • Mobile-optimised. Your customers, your news... Available In A Wide Range Of Colours Free Nationwide Delivery* 5-7 Day Turnaround Windows • Doors • Patio Doors • Bi-Fold Doors • Conservatories 600 x 1200 Unglazed £48 + VAT 1800 x 2100 French Doors Unglazed £340 + VAT 1200 x 1200 Unglazed £72 + VAT 1800 x 2100 Sliding Patio Unglazed £320 + VAT 1800 x 1200 Unglazed £128 + VAT 2400 x 2100 3 Pane Open Out Bi-Fold Unglazed £860 + VAT 900 x 2100 Large Door Unglazed £152 + VAT 3200 x 2100 4 Pane Open Out Bi-Fold Unglazed £1099 + VAT COLOURED PRICES ADD 15% All prices exclusive of VAT. *Minimum order for free delivery. Tel: [phone] Tel: [phone] Email: [email protected] Unit 17 Camphill Close, Dallamires Lane, Ripon, North Yorkshire, HG4 1QY www.simco-windows.com C L E A RV I E W-U K . C O M » M AR 2018 » 55