Howard Chapman, Buildingtalk Editor, reports from the latest Stelrad Radiators ‘state of the market’ briefing held last week at the Churchill War Rooms in London.
John Colling, Business Development Director at Stelrad Radiator Group, outlines the market challenges and opportunities in the UK, one of the most significant markets for radiators in Europe.
In 2016, a 2% volume reduction is forecast. However, a slow recovery is expected, driven by residential new build (see UK radiators 2014 – 2019 graph below).
Brexit has had little affect on Stelrad sales and they expect limited difficulties, not least because Stelrad radiator manufacturing is predominanatly locally based in their export market countries. However, like other manufacturers, the impact of currency fluctuations remains a challenge.
Recent economic uncertainty has stalled growth and radiator volumes are broadly static, plus prices have fallen and costs increased.
Social Housing spend has fallen significantly over the last two years and the commercial radiator market is in structural decline as alternative technologies gain ground. Despite an improving trend, residential new build remains at historically low levels but expected to improve.
However there are still opportunities. The private RMI business (the one-off sector, which represents 60% of the market) has remained stable – and the Stelrad brand regained number one position in this market.
The designer radiator volume growth is out performing the radiator market as a whole and offers better profit margins. In fact, new designer radiator launches and other new products such as the Planar HD (a heavy duty radiator for the commercial sector) are driving Stelrad Radiator Group’s continued market expansion and share improvement.
And finally, the ‘Towel Warmer’ market is strong and there is a growth in demand for ‘Up the Wall’ radiators as home owners look to maximise the use of space.
Having used mechanical lock-and-key security in past projects, Becorp are aware of its drawbacks in both cost and management time. ASSA ABLOY explains more…Posted in Access Control & Door Entry Systems, Articles, Building Industry News, Building Products & Structures, Building Services, Case Studies, Facility Management & Building Services, Health & Safety, Information Technology, Innovations & New Products, Security and Fire Protection, Sustainability & Energy Efficiency
The unique windmill refurbishment in Suffolk, which is clad with CUPA PIZARRAS CUPA R17 natural slate, has been awarded Best Use of Slate for a Domestic Project at the RCI Pitched Roofing Awards 2021.Posted in Articles, Awards, Building Industry Events, Building Industry News, Building Products & Structures, Building Systems, Case Studies, Cladding, Facades, Posts, Restoration & Refurbishment, Retrofit & Renovation, Roofs, Walls
It’s a triple crown for Steve Marshall, who has not only taken over as Managing Director of Strand Hardware, but also its two sister companies – Strand Technologies and AliMet Fabrications.Posted in Architectural Ironmongery, Articles, Building Industry News, Building Products & Structures, Doors, Posts, Recruitment, Windows
UZIN UTZ has been defining the market for 111 years, as a sustainable family business, operating globally as a full-range supplier of flooring systems and a driver of innovation in the industry.Posted in Articles, Building Industry News, Building Products & Structures, Floors, Innovations & New Products, Interior Design & Construction, Interiors, Restoration & Refurbishment, Retrofit & Renovation