2023: A year of opportunity
By Angela Griffin, head of marketing for Tyman UK and Ireland (ERA)
With the private housing RMI market forecast to decline in 2023 due to the ongoing cost of living crisis and inflation, we have planned for an initial decrease in consumer sales.
However, we are not expecting this to continue for an extended timeframe, and we believe this period will provide both ourselves and the wider industry with an opportunity to drive real innovation, both in terms of new product development and sustainability.
By working in partnership with our fabrication partners to identify their customers’ specific requirements, together we will be in a prime position to successfully fulfil consumer demand as it increases throughout the second half of the year.
This not only relates to traditional mechanical hardware, but the continued demand for smart technology, as homeowners increasingly look to automate their daily routines. Drawing on our 180 years of design and manufacturing experience, in addition to the support of Tyman UK and Ireland, we are well placed to aid window and door manufacturers in both of these areas throughout 2023.
With the guidance of our in-house engineering experts, in addition to the services of our UKAS accredited test house, we can provide window and door manufacturers with bespoke and standard products that set the standards for security, whilst meeting upcoming regulatory changes, such as the pending PAS 24:2022 updates.
The next few months also provide us, the entire industry, with a crucial and necessary opportunity to enhance the sustainability of our operations to support improvements throughout every aspect of the supply chain. Whilst product innovation must be driven by customer use, we also have a responsibility to lead the development of solutions that prioritise environmental efficiency.
As part of Tyman UK and Ireland’s three strategic pillars – focus, define and grow – we are committed to achieving year-on-year improvement in revenue of products with demonstrable sustainability benefits in line with one or more of the United Nations sustainability goals. This not only relates to our own products, but those of our fabrication partners.
Building on the work we achieved throughout 2022, we will also be continuing to assist window and door manufacturers in identifying and realising their own sustainability objectives, including complying with the Plastic Packaging Tax (PPT) that came into place in April 2022, in addition to Extended Producer Responsibility (EPR), which is due to be enforced from 2024.
Throughout 2023, we will be working to reduce our Scope 1 and 2 emissions by 50% by 2026 to achieve our goal of being carbon neutral by 2030 (Scope 1 and 2 emissions). By 2026, we have also pledged to achieve 100% sustainable packaging and generate zero avoidable waste to landfill.