The latest comprehensive analysis is available at a 20% discount to ConstructUK users
The Builders’ Merchants’ Industry Forecast 2019-2021 is a comprehensive analysis of merchant market performance from July 2014 to September 2019 coupled with an analysis of the key factors affecting builders’ merchants’ sales to project future sales from October 2019 to December 2021. The latest update forecasts a short term slowdown in sales growth.
For the second quarter in succession, revisions to the Builders’ Merchants’ Industry Forecast of merchant sales show …..
….. a drop in expected growth for 2019 over 2018. The slowdown in growth is now expected to continue into Q1 2020.
Published by the BMF, values are forecast based on previous trends found within the Builders Merchants Building Index (BMBI) data. As the forecast is unable to account for external factors, such as the uncertainty caused by continuing Brexit delays and weather events that hinder construction activity, the BMF expects performance to go against previous industry trends and for growth to be lower in both Q4 2019 and Q1 2020.
Despite two successive quarters of negative growth in Q2 and Q3, 2019 overall is forecast to see a marginal increase with average year-on-year sales growth of 1.9% (revised down from the previous forecast of 3.0%).
Our feature ‘Marketing to Builders Merchants‘ includes details of key media and communication channels as well as the sector’s buying groups
Year-on-year sales growth for Q1 2020 has also been revised down to 5.7% (from the previous forecast of 6.5%). However, looking further forward, the forecast for overall average year-on-year growth in 2020 has improved to 4.6% (up from 4.3%).
A PDF copy of the Forecast is normally available for £195 + VAT; however, ConstructUK clients can obtain a 20% discount by quoting code ‘BMF20’. The contents are as follows:
In order to download the full report contact Nyssa Patel, BMF Industry Analyst/Economist on +44 (0)24 7685 4994, or email nyssa.patel@bmf.org.uk
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