As we head into the final weeks of the year and ponder what 2024 has in store for us, it is a good time to reflect on the year that has passed and build a picture of the state of the sector.
A tough year
I don’t think there is any doubt that 2023 has been a tough year for the sector. If 2022 was the prelude to the slowdown, 2023 was the main event. Multiple crises that hit the consumer hard, such as the cost of living, cost of energy, rampant inflation all bit hard this year. We have seen major casualties, in particular the second half of the year, and job losses elsewhere.
But has the damage been done in 2023? Will 2024 be a more stable year? Perhaps not the boom we saw in the second half of 2020 and 2021. But at least something a bit calmer and quieter which could allow some stability and growth prospects to return.
Time will tell. But the poll below may be able to give a clue as to how installers think this year has been and what they think 2024 is going to be like for them.
Installers make up the mass majority of companies in our sector. Most are SMEs and can see changes in trends and market dynamics often much quicker than other companies higher up in the supply chain. The more that take part in the poll the more accurate the results will be, which will allow us to look towards 2024 with perhaps a little bit more clarity.
The poll will run right up until the end of the year. The results will then be published in the New Year.
I welcome all who wish to share this with their network. And indeed for any fabricators who want to share this with their installers and help build a clearer picture at installer level.
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