The 8th edition of the Bathroom and Kitchen PODs Market Report UK 2022-2026 has been published by AMA Research. The report represents a detailed assessment of the bathroom and kitchen PODs industry with an interpretation of major developments and future trends.
Key end use application sectors are also reviewed, such as purpose-built student accommodation, residential apartment buildings, affordable homes, build-to-rent (BTR)housing, hotels, retirement villages, care homes, and other applications.
In recent years the market for bathroom and kitchen PODs has experienced good growth, with opportunities across several end-use application sectors. However, with the Covid-19 pandemic and the lockdown of the UK economy in 2020, the UK bathroom and kitchen PODs market saw a significant value decline of around -15%. This was mainly attributed to the widespread disruption caused by distribution issues, also construction site closures at the peak of the pandemic restrictions.
In 2021, the UK bathroom and kitchen PODs market bounced back, with the successful roll-out of the Covid-19 vaccine programme positively influencing business confidence levels and investment. This recovery was despite the ongoing supply chain issues following Brexit, with a shortage of imported products and materials, increases in prices and longer lead times.
In addition, with the loss of EU workers because of Brexit, there is a shortage of skilled labour that is essential for traditional, onsite methods of construction. This has become an important driver of demand for bathroom and kitchen PODs as offsite construction methods require fewer trade skills onsite.
In 2022 it is anticipated that the value of the UK bathroom and kitchen PODs market will continue to recover, albeit at a steadier pace. The market value will be influenced by the ongoing effects of the pandemic but also by the high cost of imports, given the current weakness of Sterling. Rising energy prices will also impact significantly on production costs.
While the pandemic has been extremely challenging for the bathroom and kitchen PODs industry, looking forward several market opportunities exist. These include the use of PODs to help fast-track the construction of residential apartment buildings, particularly affordable homes, and build-to-rent (BTR) properties. Demand for PODs will also emulate from non-residential new work construction including purpose-built student accommodation, hotels, care homes, military barracks, prison accommodation etc.
As such, we estimate +8% growth in the UK bathroom and kitchen PODs market in 2022, followed by similar good annual growth in the subsequent years up to 2026.
Key Issues Covered in the Report
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