Plumbing & Heating Supplies Wholesaling in the US
The industry distributes plumbing fixtures, hydronic equipment and other heating and plumbing supplies from manufacturers to professional contractors and other downstream markets. These products are used in the construction, repair and remodeling of residential and nonresidential buildings. This industry relies on downstream demand for construction and renovation work, which have stayed relatively stable, except for declining in 2020 due to the COVID-19 pandemic, enabling revenue to rebound in 2021 due to a low starting point. Revenue is expected to rise at a CAGR of 1.1% to $85.3 billion over the past five years. The coronavirus pandemic and subsequent economic slowdown in consumer confidence increased operators' costs. As a result, industry revenue is estimated to slightly decrease, dropping 2.5% in 2023.
Companies in this industry wholesale plumbing supplies (e.g. fixtures and valves), heating equipment (e.g. hot water radiators) and other plumbing and hydronic equipment. Industry operators are not involved in wholesaling gas clothes dryers, electric water heaters, electric stoves, refrigerators or air conditioners. The sales and distribution branches of manufacturers are included in this industry.
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."
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