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BSRIA expert predicts 8 per cent fall on the commercial boiler market in 2009 PDF Print E-mail
Friday, 09 January 2009

bsriaThe commercial boiler market is set to be hit by the global economic downturn from next year - although the impact will not be as bad as in other sectors. Andrew Giles, Head of Worldwide Market Intelligence at BSRIA, said: “We expect a minus eight per cent fall next year and a further seven per cent fall after that but in the context of the overall market that is not that bad."

The blow of declining commercial and industrial new build will be softened by the fact that more than three quarters of the commercial boiler market is in the more stable repair, maintenance and improvement (RMI) sector. BSRIA estimates the domestic boiler market will fall by five per cent this year and forecasts a further nine per cent drop next year with a slight recovery to minus two per cent growth in 2010, reveals the entity’s press release. 





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