Companiesandmarkets.com

UK architectural ironmongery market to experience a tough time through 2013

Press Release   •   Feb 27, 2013 10:40 GMT

The UK architectural ironmongery market was estimated to have reached a value of around £958 million in 2012, and has been forecast to increase to a total of £1 billion by the year 2017.

Architectural ironmongery is the manufacture and wholesale distribution of items made from iron, steel, aluminium, brass, or other metals, as well as plastics, for use in all types of buildings.

Such items, sometimes also described as architectural hardware, include door handles, locks, closers and hinges, window fittings, and handrails and balustrades.

The value of the UK architectural ironmongery market for was strongly affected at the outset of the recession, with sales beginning to fall in 2008, and then declining 17% during 2009.

There was a partial recovery in 2010, but both 2011 and 2012 have proved challenging years for the sector and modest reductions in sales have been recorded.

2013 looks set to be a difficult year for the United Kingdom architectural ironmongery market, with the economy still feeling the effects of the recession in 2008. However, the industry is expected to improve, along with the economy, in the latter half of the decade.

Key players currently dominating the UK architectural ironmongery market include Dorma UK, Grouphomesafe, Hoppe (UK), Ingersoll Rand Security Technologies, Ironmongery Direct, and Securistyle.

For more information on the UK architectural ironmongery market, see the latest research: UK Architectural Ironmongery Market

Follow us on Twitter @CandMResearch


Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.