UK waterproof panels market expected to grow by 10% in 2019, says MRA Research

November 2019

MRA Research estimates that in 2018, the market for waterproof panels, including splashbacks, was worth around £60 to £70 million.  The market is thought to have seen double digit growth since 2016, with growth escalating in 2017 and 2018, and expected to continue into 2019, up by 10%.

The market for tiles is mature, and, although it is growing in value terms, market conditions have become more challenging since 2016/17, with the cost of imported goods rising.

While the market continues to benefit from the trend for fully tiled bathrooms and wetrooms, a move away from tiles towards metal, glass and acrylic splashbacks in kitchen areas is restricting market growth.  Waterproof ‘wetwall’ panels have become more popular as a substitute for tiles in bathrooms, and have taken some market share from the tiles.

MRA found that the sector has seen strong growth, particularly in the residential refurbishment sector, in the past 2 to 3 years; as a wider range of materials, designs, patterns and textures becomes available, and higher quality and slimline panels emerge.

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