Plumbing, Heating & Air Conditioning Installation in the UK - Industry Market Research Report

Plumbing, Heating & Air Conditioning Installation in the UK - Industry Market Research Report

Plumbing, Heating & Air Conditioning Installation in the UK

Revenue is forecast to have climbed at a compound annual rate of 2.7% over the five years through 2022-23 to £19.7 billion, including growth of 3.3% in the current year, while the industry's average margin is set to be 10%. Supportive government policies aimed at bolstering the UK's housing stock have driven revenue growth in line with expanding residential construction activity. However, revenue prospects in the commercial sector have suffered from economic uncertainty, which has weighed on spending and revenue.

Operators in this industry install plumbing, central heating and air conditioning for households and businesses. The industry includes additions, alterations, maintenance and repair, but does not include the installation of electric baseboard heating.

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.