Hardware, Plumbing & Heating Equipment Wholesaling in the UK - Industry Market Research Report

Hardware, Plumbing & Heating Equipment Wholesaling in the UK - Industry Market Research Report

Hardware, Plumbing & Heating Equipment Wholesaling in the UK

Hardware, plumbing and heating equipment wholesalers' revenue is sensitive to the construction sector's cyclical nature and fluctuations in household disposable income. Profitability is influenced primarily by the cost of purchases, which depends on factors like the exchange rate, supply chain disruptions and trading frictions. The COVID-19 outbreak halted work on construction sites, and contractors reduced their work, denting demand for plumbing and heating equipment. The work-from-home guidance boosted homeowners' free time, with many opting to carry out home improvements, lifting demand for hand tools and other DIY kits. Construction output has recovered strongly since the downturn, as has industry revenue. Over the five years through 2022-23, industry revenue is expected to grow by 4.4% to reach £17.7 billion.

Companies in this industry wholesale a wide variety of hardware, plumbing and heating equipment and supplies. This includes locks, water heaters, fittings and fixtures, and tools such as hammers and screwdrivers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.