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Plumbers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Plumbers Market Research Report | NAICS 23822b | Nov 2016

Piping up: Accelerating housing markets and green building regulations will boost demand

IBISWorld’s Plumbers market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$105bn
Annual Growth 11-16
4.0%
Annual Growth 16-21
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Profit
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Employment
468,869
Businesses
116,584
Industry Analysis & Industry Trends

From unclogging household drains to installing high-pressure industrial steam pipes, the Plumbers industry's activities span a wide range of liquid and gas-conveying pipe work. Since the industry's performance is so closely linked to building markets and consumer spending, which determines the extent to which households renovate kitchens and bathrooms, housing market fluctuations led to a moderate increase in volatility over the past five years. Still, steady increases in the value of residential and nonresidential construction, consumer spending and corporate profit supported industry revenue throughout the period. Furthermore, the industry benefited throughout this period from steady demand for long-term facilities' maintenance and repairs, which consumers generally cannot put off... purchase to read more

Industry Report - Industry Analysis Chapter

Demand for the installation of plumbing appliances and pipe-fitting services has expanded in the wake of the strong growth occurring across US construction markets, up from recessionary lows. Similar to most industries in the construction sector, the Plumbers industry has been rebounding over the past five years. Over the current period, new residential and nonresidential construction exhibited a robust recovery. Increasing business activity and consumer spending benefited business expansion plans and supported new commercial construction. Furthermore, flexible lending rates over this period encouraged those with credit to purchase homes and undertake home improvement projects that further supported the residential construction sector. The.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Plumbers 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 servicesMechanical servicesBuilding sprinkler system installationSteamfitting and piping servicesLawn sprinkler installation
 
Industry Activities
Drain construction, cleaning or repairingGas plumbingGas appliance repairHot water systems installationRepairing installed plumbingSeptic tank installationSolar hot water systems installationSteamfitting and piping contracting servicesInterior and exterior sprinkler system installation


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