During the recession, the poor housing and nonresidential construction markets had a direct and adverse effect on plumbers, causing declines in the industry's revenue. Demand is forecast to recover in the next five years as strong rebounds across the downstream construction markets and gradual overall economic recovery bolster the industry. In addition, rising consumer spending will encourage businesses and homeowners to spend on plumbing services.
Industry contractors install and maintain plumbing fixtures, fittings and equipment. Industry activities include work on household pipes and drains, installation of gas cooking and heating appliances, and work on bathroom and toilet fixtures and venting systems. Emergency repair work (e.g. unclogging drains or repairing burst water mains) represents a significant source of industry revenue. Contractors may also supply plumbing appliances and coupling products for construction projects.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.