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Industry Landscape
The UK trade retail industry for electrical and plumbing supplies is robust, driven by ongoing construction, renovation projects, and the demand from skilled tradespeople. The market is competitive, with established players and a growing focus on online presence, convenience, and specialized product offerings. Supply chain resilience and managing material costs are key challenges.
Total Assets Under Management (AUM)
Construction Output Value in United Kingdom
~£248 billion (2023)
(0.6% CAGR)
- Private housing new work: 2.2% increase
- Infrastructure new work: 1.0% increase
- Private commercial new work: 0.8% decrease
Total Addressable Market
£15.5 billion
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Smart Building Technology
Integration of IoT devices, sensors, and automation systems for enhanced energy efficiency, security, and control in residential and commercial buildings.
Augmented Reality (AR) for Trades
AR applications providing tradespeople with interactive visual aids for installation, repair, and planning of electrical and plumbing systems.
AI-Powered Inventory Management
Utilizing artificial intelligence to optimize stock levels, predict demand, and streamline supply chain logistics for trade retail businesses.
Impactful Policy Frameworks
Building Regulations Part P (Electrical Safety) Updates 2022
The Building Regulations 2010 (as amended) Part P (Electrical Safety) sets out requirements for electrical installations in dwellings to ensure safety for residents and visitors.
This policy directly impacts CEFCOT Stores by requiring them to stock and promote compliant electrical products, ensuring their tradesperson customers meet safety standards.
Energy Performance of Buildings (England and Wales) Regulations 2012 (as amended by 2022 legislation)
These regulations implement aspects of the EU Energy Performance of Buildings Directive, promoting energy efficiency in buildings through requirements like Energy Performance Certificates (EPCs).
CEFCOT Stores will experience increased demand for energy-efficient electrical and plumbing products as properties aim to improve their EPC ratings.
Water Supply (Water Fittings) Regulations 1999 (with subsequent amendments, e.g., 2021 for minor changes)
These regulations aim to prevent waste, misuse, undue consumption, and contamination of water by specifying requirements for water fittings and installations.
CEFCOT Stores must ensure all plumbing supplies comply with these regulations, reinforcing their commitment to providing reliable and safe products to their customers.
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