In the pipeline: Increasing per capita disposable income in Ohio will boost industry demand

The Plumbers industry in Ohio consists of contractors that install and maintain plumbing fixtures, fittings and equipment. Since plumbers are necessary for installing and repairing plumbing systems, this industry is a key subcontracting industry that is crucial to the residential and nonresidential markets. Over the five years to 2018, industry operators benefited from broad economic improvements in the US economy, specifically improvements in Ohio. An increase in per capita disposable income in Ohio, coupled with interest rates remaining lower than their historical average as a result of Federal Reserve fiscal policy, gave way to increased investment in residential construction and housing starts. Over the five years to 2018, housing starts increased at an annualized rate of...purchase to read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
2.7%
Forecast Growth 18-23
Profit
Employment
16,909
Businesses
3,891

Industry Threats & Opportunities

  • Due to an increase in demand for industry services, industry operators increased the number of new hires for their operations
  • Industry Report - Industry Key Buyers Chapter

    •The Plumbers industry in Ohio has a low level of market share concentration.•Due to the fragmented nature of the industry, no single operator accounts for more than 5.0% of industry revenue, with the top four operators in Ohio accounting for less than 10.0% of revenue combined.•The national industry’s largest players have operations across the United States, including Ohio, but do not have a majority of their locations in the state...purchase to read more.

    Additional Insights for the Plumbers in Ohio Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Plumbers in Ohio Industry are

  • Having a good reputation
  • Ability to accommodate environmental requirements
  • Holding on to maintenance contracts
  • IBISWorld analysts also discuss how external factors such as Housing starts and Per capita disposable income in Ohio in the Plumbers in Ohio industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Plumbers in Ohio Industry?

    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.

    Industry Products
  • General plumbing services
  • Mechanical services
  • Building sprinkler system installation
  • Steamfitting and piping services
  • Lawn sprinkler installation
  • Industry Activities
  • Drain construction, cleaning or repairing
  • Gas plumbing
  • Gas appliance repair
  • Hot water systems installation
  • Repairing installed plumbing
  • Septic tank installation
  • Solar hot water systems installation
  • Steamfitting and piping contracting services
  • Interior and exterior sprinkler system installation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Housing starts
  • Per capita disposable income in Ohio
  • Value of residential construction in Ohio
  • Value of private nonresidential construction in Ohio
  • Private spending on home improvements
  • year conventional mortgage rate

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plumbers in Ohio Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Land Development
  • Home Builders
  • Apartment & Condominium Construction
  • Industrial Building Construction
  • Commercial Building Construction
  • Municipal Building Construction

  • Key Selling Industries
  • Electricians
  • Plumbing & Heating Supplies Wholesaling
  • Tool & Hardware Wholesaling

  • Products & Services
  • General plumbing services
  • Mechanical services
  • Building sprinkler system installation
  • Steamfitting and piping services
  • Lawn sprinkler installation
  • Chart: Plumbers in Ohio Industry Products and Services Segmentation

  • Major Markets
  • Other
  • Existing residential buildings
  • Manufacturing and industrial buildings
  • Retail and storage spaces
  • Healthcare, public safety and educational buildings
  • Office buildings
  • New residential construction
  • Chart: Major Market Segmentation for the Plumbers in Ohio Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Plumbers in Ohio

  • Basis of Competition
    Barriers to Entry
    Comfort Systems USA Inc., United Group Services, EMCOR Group Inc., Chemed Corporation,
  • Table: Comfort Systems USA Inc. - financial performance
  • Table: United Group Services - financial performance
  • Table: EMCOR Group Inc. - financial performance
  • Table: Chemed Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Plumbers in Ohio Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Plumbers in Ohio Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Housing Starts (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Hydronic
  • The use of water as the heat transfer in heating and cooling systems.
  • Leadership In Energy And Environmental Design
  • An environmental building certificate program that was established under the US Green Building Council and certifies buildings that meet energy-efficiency and green requirements.
  • Nonemployer
  • An establishment without payroll employees, typically a sole proprietorship or partnership.
  • Nonpotable
  • Water that has not been treated, examined or approved by authorities as safe for consumption.
  • Plumbing Fixture
  • An apparatus for distribution, storage and flushing of water and waste, designed for the end user (e.g. toilets, showers, sinks and more).
  • Steamfitting
  • The installation and maintenance of equipment for ventilating, heating or refrigerating.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Plumbers in Ohio can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Plumbers in Ohio:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Plumbers in Ohio market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Plumbers in Ohio, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear