Plumbing in Canada Industry Market Research Report Now Available from IBISWorld

Share Article

Although the industry benefited from steady demand for long-term facilities' maintenance and repairs that could not be put off (e.g. burst pipes or clogged drains) demand for services has been volatile. For this reason, industry research firm IBISWorld has added a report on the Plumbing industry to its growing industry report collection.

News Image
Expanding downstream construction markets will bolster industry performance

From unclogging drains in houses to installing high-pressure industrial steam pipes, the Plumbing industry's activities span a wide range of work. Contractors in the industry hold specific certifications to install, service and repair all types of pipes and drainage systems (e.g. faucets, ovens and toilets) for the catchment and distribution of water, liquids, gases and waste products. According to IBISWorld Industry Analyst Omar Khedr, "the industry is one of many subcontracting industries essential to the residential and nonresidential building markets, and plumbers are needed both to install systems for new construction and to maintain the systems of existing structures."

Because the industry's performance is closely linked to building markets and consumer spending, which determine the extent to which households renovate kitchens and bathrooms, fluctuations in construction markets have caused a heightened level of demand volatility. Although the industry benefited from steady demand for long-term facilities' maintenance and repairs that could not be put off (e.g. burst pipes or clogged drains) demand for services has been volatile. The industry's pool of customers contracted sharply in 2009, then expanded strongly, before stagnating and slowly recovering again. At the same time, slow per capita disposable income kept household spending on expensive home improvement projects constrained, cutting into demand for plumbing upgrades. "Despite these challenges, throughout these past five years, industry operators benefited from rising residential renovation expenditures that provided a stream of new projects," says Khedr. Furthermore, because the industry started this period at a very low level, the industry's strong recovery. which lasted until 2013, is expected to cause industry revenue to increase in the five years to 2014.

From 2014 to 2019, expanding downstream construction markets and increasing economic activity are forecasted to bolster the industry's performance. Single-family home construction is also anticipated to rise along with housing demand, resulting in increased demand for industry services during this period. Moreover, commercial construction is also anticipated to grow as rising consumer spending encourages businesses to expand their facilities. As a result of these trends, industry revenue is forecast to rise during the next five years.

For more information, visit IBISWorld’s Plumbing in Canada industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

The Plumbing industry installs and services plumbing fixtures, fittings and equipment. Industry activities include work on household pipes and drains, installation of gas cooking and heating appliances and work on bathroom and toilet fixtures and venting systems. Emergency repair work (e.g. unclogging drains or repairing burst water mains) represents a significant source of industry revenue. Contractors may also supply plumbing appliances, pipes and coupling products for projects.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Gavin Smith
IBISWorld Inc.
+1 (310) 866-5042
Email >
Visit website