PRESS RELEASE BY MBD...

UK FACILITIES MANAGEMENT MARKET RESEARCH REPORT

RELEASED: JANUARY 2008

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

MARKET REVIEW 2003-2007:

In 2007, MBD believe the UK potential market for facilities management which includes services carried out in-house, contracted-out service and total facilities management (TFM) increased by 4% to a peak level of £115 billion. Prior to that, annual growth rates fluctuated between 4% and 6% in the four years to 2006. During the review period as a whole, the market is believed to have increased by a cumulative 18%. During recent years the facilities management market has been stimulated in particular by increased levels of PPP and PFI projects, the governments ‘Best Value’ initiative along with the Building Schools for the Future programme.

MARKET FORECAST 2008-2012:

By 2012, the potential UK market for facilities management is projected to reach £129.9 billion (at 2007 prices). This is equivalent to overall real term growth of 13% compared with 2007. Annual rates of increase are anticipated to oscillate between 2% and 3%. Projected growth reflects a number of factors that are expected to continue to boost the facilities management market during the forecast period, including further growth in PPP and PFI activity, the Building Schools for the Future programme and the continuing trend of out-sourcing non-core activities.

NOTE TO EDITORS:

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.

Click here for full details of the UK Facilities Management Market Research Report

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