15 per cent of household joinery from imported flat-packs
Friday 17 Nov 2017
Jim Houghton, Statistics and Economics Manager of FWPA, said that volumes were not larger than expected and the data could potentially alleviate concerns among domestic manufacturers, but that the key research objective was to fill a long-standing and problematic knowledge gap.
“The lack of reliable data relating to this corner of the market had the potential to result in poor business decisions and inefficient planning. We hope this research will equip the industry with the tools it needs to make better informed marketing and production decisions,” he said.
In the past, trade data relating to flat-pack imports had been flawed due to factors including: a lack of available detail around potentially relevant import codes; the majority of imports being measured by value and without volumes or prices; and the wide variety of different products within the category.
Tim Woods, Managing Director at IndustryEdge, which conducted the research on household joinery in 2016, said the methodology developed for this project would help in other studies on imported products, with figures on flat-pack imports to be updated over time.
“The methodology developed to shed light on this previously uncharted area of the market will continue to have a life beyond this project,” he said. To read the Residential Flat-Pack Joinery Import Market Study report in full, click here.
Copyright 2004-2018 © Innovatek Ltd. All rights reserved.