$121.5bn
$X.Xbn
551k
112k
$XX.Xbn
Plumbers provide an essential service to the construction and renovation of nonresidential buildings, which is the industry's primary market. This market encompasses investments in office buildings, hospitals, factories, power plants, retail stores, schools and entertainment centers. Following a decline amid the COVID-19 pandemic, nonresidential construction has performed well, with a surge in online shopping driving increased warehouse construction, government spending driving manufacturing and infrastructure construction and, more recently, the rise of AI contributing to growing data center construction. At the same time, rapidly growing materials prices and wage costs have driven up plumbers' rates, further bolstering revenue but putting pressure on profit.
Industry revenue has declined at a CAGR of 2.1 % over the past five years, to reach an estimated $121.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Comfort Systems Usa, inc. | 518.0 | 27.5 | 5.3 | |
Emcor Group, Inc. | 424.4 | 23.1 | 5.4 | |
Tdindustries, Inc. | 386.3 | 21.6 | 5.6 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including General plumbing services, Mechanical services and Building sprinkler system installation. General plumbing services is the largest segment of the Plumbers in the US.
General plumbing contractors expected to grow
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.
Purchase this report to view all 4 major companies in this industry.
NAICS 238220 - Plumbers in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Nonresidential construction is booming again. Federal policies and rising e-commerce activity spurred growth, and while warehouse construction peaked, data center constructio...
Learn about an industry's products and services, markets and trends in international trade.
Refurbishment and maintenance are reliable as always. Refurbishment and maintenance of aging plumbing systems have remained steady streams of income for independent plumbers ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
California is the single-largest state for plumbers. It is the perfect storm of high population, varied climate and intense natural disasters, which place strain on plumbing ...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Plumbers compete regionally to serve local communities. Most are independent operators, though constant demand keeps direct competition low.
Learn about the performance of the top companies in the industry.
The is no single company with a market share greater than 2.0% in this industry. The largest plumbing contractors cater to commercial clients and work on larger construction ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Licensing is the main barrier to entry. Plumbers are required to obtain licenses to operate. However, specific requirements for these licenses vary from state to state, reinf...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit has fallen over the past five years because of an unstable commercial market. Profit from plumbing will grow as corporate profit climbs, though it will not reach pre-p...
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Plumbers in the US industry in United States is $121.5bn in 2024.
There are 112k businesses in the Plumbers in the US industry in United States, which has grown at a CAGR of 0.1 % between 2019 and 2024.
The market size of the Plumbers in the US industry in United States has been declining at a CAGR of 2.1 % between 2019 and 2024.
Over the next five years, the Plumbers in the US industry in United States is expected to grow.
The biggest companies operating in the Plumbers market in United States are Comfort Systems Usa, inc., Emcor Group, Inc. and Tdindustries, Inc.
Drain construction, cleaning or repairing and Gas plumbing are part of the Plumbers in the US industry.
The company holding the most market share in United States is Comfort Systems Usa, inc..
The level of competition is high and increasing in the Plumbers in the US industry in United States.