Slow flow: Subdued demand from some key downstream markets has limited revenue growth

The Plumbing Services industry plays an integral role in the economy, supplying licensed services to install, repair and maintain fixtures and fittings to catch, distribute and treat liquids, gases and waste products. The industry is highly regulated to ensure compliance with product and installation standards and building guidelines. Most industry participants are small-scale contracting firms that employ fewer than 20 people and contest narrow geographic areas or niche markets. However, the industry includes several large-scale facilities management companies, along with some franchise groups...read more.

Industry Statistics & Market Size
Revenue
$18bn
Annual Growth 15-20
1.3%
Forecast Growth 20-25
Profit
Employment
65,200
Businesses
26,790
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Subdued industry performance has been influenced by divergent trends in key building and maintenance markets
  • Industry expansion has been underpinned by demand for installation work on new buildings
  • Residential building demand is forecast to offset a fall in commercial building construction
  • Industry Report - Industry Products Chapter

    Operators in the Plumbing Services industry mainly install, repair and maintain pipes and appliances that involve catching, distributing or treating water, sewage or gas. The industry essentially controls the delivery of services on a range of appliances and building amenities. Some contractors specialise in niche markets, for which they have developed advanced skills and techniques.Water plumbingThe largest source of industry revenue comes from installing and maintaining pipework and fittings for hot and cold water plumbing. Water plumbing has increased as a share of revenue over the past five years, due to greater installation demand from the building market, particularly from residential building construction. Act...purchase to read more.

    Additional Insights for the Plumbing Services Industry

    IBISWorld has determined the most important Key Success Factors for the Plumbing Services are:

  • Ability to quickly adopt new technology
  • Having a good reputation
  • Ability to change which market the firm operates in
  • IBISWorld analysts also discuss how external factors such as Demand from residential building construction and Demand from non-residential building construction in the Plumbing Services industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    Look under the hood?

    Download a FREE sample report

    Top 500 Companies List
    has been released

    Click here for more

    What's in this report

    What is the Plumbing Services Industry?

    The Plumbing Services industry consists of contractors that provide general plumbing or drainage services. This includes installing and repairing water supply, sewer lines, septic tanks, drainage and gas systems. The construction of large-scale sewerage or stormwater drainage systems is not included in the industry.

    Industry Products
  • Water plumbing
  • Sanitary plumbing
  • Gas fitting
  • Mechanical plumbing
  • Drainage and roofing plumbing
  • Industry Activities
  • Drain construction, cleaning and repair (except large-scale sewerage and stormwater drainage systems)
  • Gas plumbing installation and repair
  • Guttering and roof installation and repair
  • Hot-water system installation and repair
  • Plumbing (except marine) installation and repair
  • Installed plumbing repair
  • Septic tank installation and repair
  • Solar hot-water system installation and repair
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from residential building construction
  • Demand from non-residential building construction
  • Dwelling commencements
  • Real household disposable income
  • Demand from heavy industry and other non-building construction

  • Current Performance
  • Profit margins narrow
  • Building construction drives demand
  • Participation and jobs grow
  • Chart: Revenue Growth

  • Industry Outlook
  • Housing recovers
  • Commercial building falls
  • Profit margins widen
  • Facilities management trends grow
  • Table: Plumbing Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plumbing Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Residential Property Operators
  • Office Property Operators
  • Retail Property Operators
  • Industrial and Other Property Operators

  • Key Selling Industries
  • Farm and Construction Machinery Wholesaling
  • Household Appliance Wholesaling
  • Machinery and Scaffolding Rental
  • Plumbing Goods Wholesaling

  • Products & Services
  • Water plumbing
  • Sanitary plumbing
  • Gas fitting
  • Mechanical plumbing
  • Drainage and roofing plumbing
  • Chart: Plumbing Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential building companies
  • Non-residential builders and property managers
  • Households and residential property managers
  • Engineering construction and manufacturing industries
  • Chart: Major Market Segmentation for the Plumbing Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Plumbing Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Plumbing Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Plumbing Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Plumbing Services Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Subcontractors (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Facilities Management
  • The provision of multi-disciplined services (such as heating, ventilation and air conditioning; electrical services; plumbing; cleaning and security) for maintenance of non-residential buildings.
  • Gas Fitting
  • A specialist area of plumbing services requiring full licensing to carry out services for liquefied petroleum gas and natural gas applications.
  • Mechanical Plumbing
  • Work that mainly involves installing and maintaining mechanical heating, cooling and ventilation in residential and commercial buildings.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Plumbing Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Plumbing Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Plumbing Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Plumbing Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear