Industry Analysis & Industry Trends
Conditions in the Stone Cutting, Shaping and Finishing industry have been turbulent over the past five years. At the start of the period, industry revenue contracted due to stagnant downstream construction markets and constrained business confidence. Government and business budgets were strained and falling disposable income further dented spending on finished stone products. However, strengthening economic conditions and demand from key downstream construction markets supported a rapid resurgence. The introduction of government assistance such as the Help to Buy scheme also helped to boost demand and bolster industry revenue. However, industry revenue is forecast to decrease slightly by 2.5% through 2016-17... purchase to read more
Industry Report - Industry Locations Chapter
Industry establishments tend to be concentrated in close proximity to key upstream and downstream markets. According to the British Geological Survey and the Department of Transport, the average cost of transporting a tonne of natural stone by road amounts to 85.5p per mile. Therefore, business locations relate closely to the spread of mineral and stone deposits and quarries in the United Kingdom. Likewise, establishments are also located near to key downstream markets. Operators are also generally located with good access to road, rail or water transport links to both key upstream and downstream markets. Firms that cut and prepare slate are more dispersed due to the smaller size and lighter weight of the product making transportation easier.
.. purchase to read more