Industry Analysis & Industry Trends
The Plumbing Services industry plays an integral role in the economy, supplying licensed services to install, repair and maintain fixtures and fittings used for the catchment, distribution and treatment of liquids, gases and waste products. The industry is highly regulated to ensure compliance with product and installation standards and building guidelines. It is made up of a large number of small-scale contracting firms, which service narrow geographic areas or niche markets. In 2015-16, the industry is estimated to have 25,120 enterprises, almost all of which employ fewer than 20 people (98.9%). However, the industry does include several large-scale players, which generally operate as facilities management companies such as Spotless Group and Programmed Maintenance Services... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Plumbing Services industry has low market share concentration. Combined, the four largest companies in the industry contribute less than 5.0% of total market share, and there is little change expected over the next five years. Changes in revenue and profit margins for industry enterprises will depend on the demand in their local area. Larger facilities management companies are likely to benefit more from strong growth in commercial and industrial markets.
The industry is highly fragmented due to the large number of plumbers, with most servicing small local areas. The vast majority of businesses have a workforce of below 20 people (98.9%), including over half the enterprises having no paid employment, comprising mainly sole proprietors and partners... purchase to read more