Quick Facts

• The plumbing business is a $92 billion industry
• 5.3% Annual Growth over the last 5 years
• There are over 100,000 businesses operating as plumbing businesses in the U.S.
• The plumbing industry employs over 500,000 people in the U.S.

Trending

• Accelerated housing markets and green building regulations will boost demand (ibisworld)
• Remodeling activity in 2016 is the best since 2006—expect increase in service calls for installations and upgrades (jchs.harvard.edu)
• “Touchless” technology to improve customer comfort and health
• GPS Fleet tracking (safeplumbing.org)
• Saving Water! High quality options for highly efficient products (safeplumbing.org)

In the News

• New National poll finds 95% of Americans want public officials to invest in water systems (safeplumbing.org)
• World Plumbing Day is March 11th

References

http://www.jchs.harvard.edu/leading-indicator-remodeling-activity-lira
https://www.ibisworld.com/industry-trends/market-research-reports/construction/special-trade-contractors/plumbers.html
https://www.safeplumbing.org/water-efficiency/drought-and-water-shortages