A new study by industry analysts Plimsoll Publishing has identified a group of 88 emerging companies in the UK fire protection industry that have increased sales by an average 16% and are taking further control of the market.
Over the last 2 years, growth in the market has been sporadic, averaging -4% two years ago and -1% last year. However, these high growth companies have managed to grow much faster. The following table highlights how they are grabbing market share at the expense of the rest:
No of companies
Of the 892 companies analysed in the just published Plimsoll Analysis, 124 were found to be suffering the consequences of these high growth companies. They saw their own sales fall, on average by -13% in the same period. David Pattison, author of this new market study states: "This is absolute evidence that whatever growth there is in the market is being captured by a select group of companies."
So what have these companies been doing to create this growth? Pattison offers the following explanation: "It's clear that the market is changing. The revenue and growth streams companies took for granted a couple of years ago have changed. Frankly, it's the one question that we all want to know the answer to, 'Where is the market heading?' These 88 winning companies seem to have the best idea."
Despite concerns to the contrary, this is not just a case of larger companies forcing out their smaller competitors. As the following table shows, growth is still being achieved by a number of small. Innovative companies (as well as some of the majors):
Turnover of co £000
over £50 million
The new Plimsoll Analysis provides a full financial analysis on the Top 892 companies in the UK fire protection industry. Their full financial performance over the last 4 years is presented in the publication. The analysis is designed for the busy manager who needs to spot trends in the overall market, identify and understand threatening competitors. For those looking for quick growth, the analysis can also be used to seek out acquisition prospects.
Copies of the full 892 paged analysis are available now in PDF format, priced at £350 (+VAT).
For more information visit: www.plimsoll.co.uk
Posted January 18th, 2012 at 1045 by Andrew. Comment by emailing: email@example.com