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 comprises many very small-scale contracting firms, which service narrow geographic areas or niche markets. The industry currently has an estimated 25,250 enterprises, the vast majority of which (98.8%) employ fewer than 20 people, although it also includes several larger scale players, which generally operate as facilities management companies... 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. Currently only 1.2% of enterprises employ more than 20 people, and only six businesses employ more than 200 people... purchase to read more