Global Plumbing Pipes Market 2024-2028
The plumbing pipes market is forecasted to grow by USD 22980 mn during 2023-2028, accelerating at a CAGR of 14.69% during the forecast period. The report on the plumbing pipes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing real estate industry, leveraging e-commerce industry to increase customer reach, and technological advancements in plumbing pipe production.
Technavio's plumbing pipes market is segmented as below:
- By Material
- Plastic pipes
- Metal pipes
- By Application
- Residential
- Commercial
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing demand for sustainable building materials as one of the prime reasons driving the plumbing pipes market growth during the next few years. Also, advances in material use for plumbing pipes and growing use of mechanical coupling will lead to sizable demand in the market.
The report on the plumbing pipes market covers the following areas:
- Plumbing pipes market sizing
- Plumbing pipes market forecast
- Plumbing pipes market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plumbing pipes market vendors that include Aliaxis Holdings SA, Apollo Pipes Ltd., Astral Ltd., Chevron Phillips Chemical Co. LLC, China Lesso Group Holdings Ltd., Dutron Polymers Ltd., Finolex Industries Ltd, Geberit International AG, IPEX BRANDING INC., JM Eagle Inc, Kubota Corp., McWane Inc., Pipelife International GmbH, Polypipe Ltd, RIFENG Enterprise Co Ltd, Saudi Arabian Amiantit Co., Tessenderlo Group NV, The Supreme Industries Ltd., Uponor Corp., and Wavin BV. Also, the plumbing pipes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.