PRESS RELEASE BY MBD...

UK CONCRETE & CONCRETE PRODUCTS MARKET RESEARCH REPORT

RELEASED: MARCH 2008

After researching the UK concrete & concrete products market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

MARKET REVIEW 2003-2007:

Demand for concrete and concrete products is believed to have increased by 5% to an estimated £5164.4 million in 2007. Prior to that sales increased during each year of the review period, with annual levels of growth fluctuating between 3% and 8%. UK demand for concrete and concrete products has been driven by a buoyant construction market during recent years. However, the value development also reflects price increases rather than just a strong increase in volume demand. Price increases above the prevailing inflation rate have been caused by rising costs for manufacturers in a number of sectors.

MARKET FORECAST 2008-2012:

The UK market for concrete and concrete products is forecast to increase during each year of the forecast period, annual growth rates are expected to oscillate between 1% and 3% in real terms. Overall sales are expected to reach £5653.9 million (at 2007 prices) representing overall real term growth of 9% compared with 2007. Demand for concrete and concrete products is expected to be driven by a continued positive development in UK construction output.

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Market & Business Development Ltd specialises in business to business market research. The range of reports and industries in which we operate in constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

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