With the sector fresh from an excellent kbb exhibition the upbeat mood remains after the latest research into the UK bathroom equipment market has revealed it is expected to increase each year up until 2016, having been subject to major reductions in price during the recession.
The sector is expected to be more buoyant than many others, despite uncertainties over the economy.
Figures from the Market & Business Development Company show that although the industry suffered a major decline in demand in 2009, this was followed by growth of 10% in 2010. However, demand grew less strongly in 2011, to £2351 million.
The demand for baths is expected to increase in value year-on-year throughout the forecast period, reaching £523m by 2016, and refurbishment activity is expected to place the bathroom as one of the priority sectors in the DIY market.
Year-on-year growth is expected for toilets, which are set to follow a similar trend as the bath sector and for similar reasons. The toilet sector is expected to reach £340m in 2016. As demand for basins is intrinsically linked to that of toilets, this will be similar and is projected to reach £381m.
The shower market is expected to continue as a beneficiary of the en-suite trend with the market expected to reach £686m by 2016 and the enclosure sector is expected to similarly increase over the same period.
(Projections based on 2011 prices)
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