Three percent growth in the conservatory and glazed extensions market in 2018

The conservatory and glazed extensions market increased by 3% according to the latest report from AMA Research.

The ‘Conservatory and Glazed Extensions Report 2018-2022’ describes how the market offered a wide range of options for domestic projects including conservatories, glazed extensions with a solid or a glass roof, orangeries, verandas, loggias, and hybrids.

RMI has played an important factor in this growth, as homeowners are opting to replace conservatories and glazed extensions with higher energy efficient roofs, windows and doors.

Conservatories have lost their old image as a warmer garden room only to a year-round everyday living area. Key product features that have changed this view include improved thermal efficiency products, high specification self-cleaning glass, coloured frames, bifold opening doors, and solid roofs.

Market improvement in 2019 and beyond is likely to be determined by levels of house moving/home extension building, consumer confidence and growth in the retrofit/upgrade market, particularly if interest rates continue to remain at very low levels.

Consumer confidence and disposable income will continue to be the main drivers in conservatory market demand and value growth in future years.

However, the future economic landscape is tempered by the uncertainty surrounding the commencement and potential effects of Brexit. These are more likely to be felt during 2019-21 and onwards as negotiations and changes in trade are affected, alongside consumer confidence.