Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for CONSTRUCTION PMI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
The UK's electrical appliance manufacturing industry is navigating significant trends, including a strong push towards sustainability driven by consumer demand for energy-efficient products and strict government legislation. Manufacturers like Glen Dimplex invest heavily in green technologies to boost demand and increase their competitive edge. Additionally, increased residential and commercial construction activities boost appliance demand, as evidenced by a rise in construction PMI, supporting industry growth despite past revenue hurdles. As a result, industrial revenue over the past five years through 2024-25 is set to increase by 0.9% to reach £1.75 billion, with revenue set to increase by 0.8% in the year 2024-25. Over the five years through 2029-30, industry revenue is forecast to rise at a compound annual rate of 2.4% to reach £1.97 billion. The UK's electrical appliance manufacturing industry faces growth opportunities from a government pledge to build 1.5 million homes, spurring demand for appliances. This is because new homes require electrical appliances like washing machines and fridges for daily needs. However, fierce import competition threatens domestic manufacturers, driven by cost-effective imports via platforms like AliExpress and growing reselling trends. Lower shipping costs and price competition could pressure margins, challenging the industry's revenue growth and market position.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for CONSTRUCTION PMI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.