Table of Contents
Executive Summary
-
- The market
- Shopfitting revenues down in 2013
-
- Figure 1: UK market for shopfitting, 2009-13
- Retail construction activity down despite new shopping centre developments
-
- Figure 2: Retail construction in the private sector, 2009-13
- Shopfitting market to return to growth in 2014
-
- Figure 3: Forecast UK market for shopfitting, 2014-18
- Market factors
- Consumer experience trends driving new store design
- Discounters and toy and game retailers increase their presence in 2013
-
- Figure 4: Change in number of retail outlets, by sector, 2012-13
- Retail sales yet to take off but consumer confidence is rising
-
- Figure 5: Total UK retail sales, 2009-13
- Companies
- Wates fails to halt decline in retail shopfitting revenues
- Interior Services Group makes international investments to diversify revenue streams
- What we think
Introduction
-
- Issues in the market
- Definitions
- Methodology
- Abbreviations
- Market positioning
- The supplier
UK Economy
-
- Key points
- UK economy
- Inflation
- Interest rates
- House prices
- Consumer spending
- Manufacturing
- Business investment
- Imports
- Exports
Market Factors
-
- Key points
- Market factors
- The economic environment
- Retail industry performance
- New store construction
- Planning regulations and related legislation
Market Size
-
- Key points
- Market size
- Contraction in 2013 as store upgrade activity stalls
-
- Figure 6: UK market for shopfitting, 2009-13
- Technology and large retailer purchasing power affecting prices
- Food retail demand strong while value retailers increase store presence
Market Trends
-
- Key points
- Market trends
- Budget retail premises grow at expense of local shops
-
- Figure 7: Change in number of retail outlets in the UK, by sector, 2012-13
- Shopfitting complexity increasing as in-store experience grows in importance
- Business rate relief extended to retailers
-
- Figure 8: Business rate multipliers, in England, 2008-13
- London retail outlets grow while the rest of the UK declines
-
- Figure 9: Change in number of retail outlets in the UK, by region, 2009-13
- Retail construction stronger in Q3 and Q4
-
- Figure 10: Seasonality of retail construction output, 2009-13
Supply Sources
-
- Key points
- Production
-
- Figure 11: UK production of wooden furniture for shops, 2008-12
- Imports
-
- Figure 12: UK imports of wooden furniture for shops, 2008-12
- Exports
-
- Figure 13: UK exports of wooden furniture for shops, 2008-12
Industry Structure
-
- Key points
- Industry development
- Declining revenues lead to high profile industry insolvencies
- Project delivery firms dominate at top of the market
- Shop furniture manufacturer market consolidates
-
- Figure 14: Analysis of changes in the structure of the shop and office furniture manufacturing industry, 2009-13
- Structure by employment
-
- Figure 15: Analysis of the employment structure of the shop and office furniture manufacturing industry, 2012 and 2013
- Structure by turnover
-
- Figure 16: Analysis of the financial structure of the shop and office furniture manufacturing sector, 2012 and 2013
Bowmer & Kirkland
-
-
- Figure 17: Financial analysis of Bowmer & Kirkland, 2008-12
-
R G Carter Group
-
- Recent company activity
-
- Figure 18: Financial analysis of R G Carter, 2008-12
Hutton Construction
-
- Recent company activity
-
- Figure 19: Financial analysis of Hutton Construction, 2009-13
Interior Services Group
-
- Recent company activity
-
- Figure 20: Financial analysis of Interior Services Group, 2009-13
-
- Figure 21: Analysis of Interior Services Group turnover, 2012-13
Morris & Spottiswood
-
- Recent company activity
-
- Figure 22: Financial analysis of Morris & Spottiswood, 2008-12
Overbury
-
- Recent company activity
-
- Figure 23: Financial analysis of Overbury, 2009-13
Simons Group
-
- Recent company activity
-
- Figure 24: Financial analysis of Simons Group, 2009-13
Simpson (York)
-
- Recent company activity
-
- Figure 25: Financial analysis of Simpson (York), 2008-12
Styles & Wood
-
- Recent company activity
-
- Figure 26: Financial analysis of Styles & Wood, 2009-13
Wates Group
-
- Recent company activity
-
- Figure 27: Financial analysis of Wates Group, 2009-13
-
- Figure 28: Financial analysis of Wates Interiors and Retail division revenues, 2009-13
Demand Structure
-
- Key points
- Retail construction activity
- Decline in new construction dents shopfitting revenues
-
- Figure 29: Retail construction in the private sector, 2009-13
- Retail sales
- Consumer confidence surge in summer 2013 not sustained through autumn
-
- Figure 30: UK consumer confidence monitor, 2013-14
-
- Figure 31: Households’ real disposable income, 2004-13
- Retail casualties demonstrate tough market conditions
- Retail sales still waiting for lift-off
-
- Figure 32: Total UK retail sales, 2009-13
-
- Figure 33: Total UK retail sales, by product segment, 2009 and 2013
- Large retailers increase dominance of total retail sales
-
- Figure 34: Retail sales, by type of outlet, 2009-13
- Online grows as share of total retail sales
-
- Figure 35: Non-store retail sales, 2009-13
Forecast
-
- Key points
- Market size
- Growth to resume in 2014 as shopfitters report project pipelines up on 2013
-
- Figure 36: Forecast UK market for shopfitting, 2014-18
- ...but consolidation will continue in the short term among shopfitters and retailers
- Retail sales to increase slowly while focus on international expansion will curb domestic activity
- Retail construction to expand ahead of economic growth
-
- Figure 37: Forecast retail construction in the private sector, 2014-18
- Industry
- Mergers, acquisitions and industry consolidation
- Subcontracting will continue
- Greater focus on international projects
- Diversification to slow
Further Sources and Contacts
-
- Trade associations
- Trade magazines
Back to top