What’s in store for the rest of 2024?
So that was summer 2024. It wasn’t exactly a vintage in terms of the weather (in fact it was reportedly the coolest since 2015…) but will the heat be turned up in the UK fenestration industry as we head into the autumn and winter months?
For an in-depth answer to that I will refer you to Keystone Market Research’s inaugural market report. According to the authors, this is a comprehensive volume of data that covers ‘the full spectrum’ of the industry, accurately quantifies the impact of the Covid pandemic and delivers forecasts up to 2026.
It has been produced in collaboration with organisations across the sector and highlights, among other things, a number of important trends for product style and material and is billed as being a ‘valuable tool’ for businesses to plan strategically for the future.
You can find more details at www.keystonemr.co.uk (and download a copy for yourself) and you can also look out for regular reports based on Keystone’s data in Glass Times magazine.
In addition to the Keystone report, Eurocell has also suggested that the housebuilding market is in the early stages of a ‘strong’ recovery. This view is based on sales of its Cavalok cavity closures, which are designed to allow brick courses to be completed while creating an airtight receiver for windows and doors.
Eurocell says that it sold 364,000m of Cavalok in July (which is said to equate to 96,000 frames) the highest volume in 23 years.
For Martin Benn, head of new build at Eurocell, the signs are positive, with moderate recovery on the way in the second half of 2024 leading into a ‘strong’ 2025. He adds that ‘the last few years have been challenging and that everyone is ready to step-up to get building again.’
If you have any thoughts on how the remainder of 2024 will pan out, or any predictions for 2025, then please let me know by emailing luke@glasstimes.co.uk