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Door and Window Accessories Market – An Overview

Like most product sectors related to the construction sector, the British market Door and window fittings, has experienced particularly difficult conditions in the past four years. Although most of the general levels of market growth hide variations in performance between the product sectors, the conditions have been difficult in most market sectors, with areas of flat or now in decline.

market decline has been due to a number of key reasons, but perhaps the most important factors was the decline in the market Replacement windows in recent years and the growth of low-cost imports from the Far East sources that have eroded the price level. In addition, several related markets have been adversely affected, including in the replacement of doors and the winter market. Although the commercial sector had a strong performance market in 2005/2007, this sector has more recently been affected by factors both recession and the shift to electronic security products, which affect sales mechanical locking solutions.

The door and window hardware market is very fragmented in terms of product range, with sectors more important, including locks, handles, hinges, door closers, fans, pitch 'n' turn of changes, the emergency exit hardware, signs / letterplates, chains and other ancillary products. Close represent the largest sector of products, followed by loops, with each accounting for nearly one third of the market Hardware by value. closures of multiple points are now practically standard in most PVC-U and composite aluminum doors and windows and, therefore, multipoint locks currently estimated to represent around 45% of blocking sector in terms of value.

door closers and hinges are also important product sectors and is estimated to represent about 10% each of the market in value terms. The door closer and the markets for panic have been motivated by the growth of commercial sectors, while most markets have been relatively flat.

A factor key that has affected most sectors of products has been the growth of own brand and imported products, with manufacturers in low cost countries increased its market share in the lower price segments of the market. In recent years, five years, this has been particularly significant in the handles, hinges and other accessories sectors, with the friction depends also affected but to a lesser extent. The lock industry has also been less affected by imports of low cost due to the highest levels of brand awareness and the fact that the products are more complex in this sector. In general, however, suppliers in the UK have responded to growing erosion of margins by continuing to move their manufacturing operations abroad.

A key factor for growth in recent years been the legislation and standards – for example, the DDA is having an impact on the handles and hinges in particular sectors. However, margins in this sector have been under severe pressure for a number of years due to severe levels of price competition, growth of imports low cost and, recently, substantial rises in raw material prices, which in many cases have been difficult to pass through the supply chain. As a result, many companies have diversified into or invested in, higher growth and margin markets such as electronic security hardware and overseas markets.

Although the market remains fragmented overall, a series of acquisitions have occurred in recent years and has seen a steady trend towards consolidation in many market sectors. On the other hand, companies that had previously been focused on one or two products are increasingly diversifying their range in order to increase cross-selling opportunities.

About the Author

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