UK Tool Hire: market insight report

Date: 2015-11

“In this report we review the UK tool hire industry. We quantify the market size and
historical growth rates while reviewing key factors behind these figures and exploring
drivers of profitability.
We also carry out an in-depth analysis of the drivers of industry growth – in particular
relevant economic and market indicators such as levels of unemployment, construction
and infrastructure spending, oil exploration, housing transactions and DIY spending.
Our analysis of historical trends and forecasts is anchored in this information.
While many reports on the industry contain data and description, a critical objective for
us in writing this report has been to prioritise our insights and conclusions.

Tool hire is a significant UK industry which has seen its fortunes vary dramatically in
response to the economic environment.
We believe that, in order for those involved in the market to make the best decisions in
this complex and changing environment, they need to have access to the best
information and understanding of the trends and drivers. The aim of this report is to
provide this.
It is intended for tool hire companies themselves as well as investors and others
considering entering the market, banks, analysts, consultants and other advisors with
interests in the sector.

This report is based on:
– Publicly available data including company annual reports, websites, press releases
and government statistics.
– Interviews with senior-level contacts in the market.
– In-depth analysis of the macroeconomic environment and other relevant market
Information from these sources has been synthesised and presented clearly and
concisely with extensive use of charts and tables to illuminate points and support

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