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Plastering in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Plastering Market Research Report | SIC F43.310 | Feb 2017

Thin coverage: Revenue has grown strongly, but a skills shortage has constrained performance

The Plastering market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 12-17
4.1%
Annual Growth 17-22
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Profit
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Employment
13,285
Businesses
4,574
Industry Analysis & Industry Trends

The Plastering industry plays an essential role in the completion of most buildings. Operators are required to install various plaster forms in the construction of a building. The industry is primarily affected by fluctuations in demand from the downstream building construction markets, particularly the residential market, which is a major revenue stream, especially for smaller contracting firms.

Over the five years through 2016-17, industry revenue is expected to grow at a compound annual rate of 4.1% to £1.7 billion, including growth of 2.4% in the current year. Over the past five years, the industry has recovered from waning consumer confidence, a depressed housing market and economic uncertainty... purchase to read more

Industry Report - Industry Analysis Chapter

Plastering contractors are typically required to install drywall and carry out other plastering services on buildings across the residential, commercial, public and industrial markets. Maintenance and repairs on existing structures within these markets also make up a small percentage of income. In recent years, the industry’s performance has improved considerably, in line with economic recovery and an upturn in construction activity. Strong housing investment and rising business capital investment have allowed revenue to grow from 2012-13 onwards. A gradual rise in household disposable income has spurred greater consumer spending on renovation and refurbishment work. However, a shortage of skilled labour has driven up average wages and constrained profit growth somewhat. It .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Plastering Industry?

This industry consists of contractors that install plaster wallboard and ornamental plaster products, finish and render walls, and apply solid or fibrous plastering. Contractors also install wall systems and laths before applying plaster, and repair existing buildings and structures.

Industry Products
Dry-lining or drywall contractingSolid plasteringRenderingFibrous plastering
 
Industry Activities
Taping and fixing plaster wallboardInstalling ceiling roses and cornicesSolid and fibrous plasteringRendering the interior and exterior of buildings


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