Industry Analysis & Industry Trends
The Plumbing Services industry has shown resilience through variable demand conditions since the late 2000s. The onset of the global financial crisis dampened consumer and business confidence, which drove down investment into housing and commercial buildings and affected demand for plumbing installation services. Demand for residential building construction is projected to climb at an annualised 1.1% over the five years through 2013-14. Meanwhile, the commercial and industrial building market is projected to contract at an annualised 4.3% over the past five years, significantly dampening demand for the installation of plumbing fixtures and fittings on new buildings. Over the period, the industry was given some reprieve from Federal Government stimulus packages, with over $21.0... purchase to read more
Industry Report - Industry Products Chapter
The principal services supplied by the industry are the installation, repair and maintenance of pipes and appliances involving the catchment, distribution or treatment of water, sewage or gas. The industry essentially controls the delivery of services on a wide range of appliances and building amenities. All qualified plumbers possess the basic skills necessary to undertake a wide range of activities. However, some contractors specialise in niche markets for which they have developed advanced skills and techniques.
The supply of qualified tradespeople is determined by the level of apprenticeship completions, wastage from the trade, immigration and the level of demand for plumbing tradespeople in other industries... purchase to read more