Plumbing Service Franchises in the US - Industry Market Research Report

Pipe up: Improving nonresidential construction markets will likely drive industry revenue growth

Plumbing Service Franchises

The Plumbing Service Franchises industry's performance is directly linked to building construction markets and consumer spending levels, both of which have expanded over the five years to 2018. The industry also benefits from stable demand from homes and businesses that need repair and maintenance of water delivery systems. Maintenance work accounts for a sizable share of the industry and is a stable source of revenue when construction markets fluctuate. Consequently, the strong rebound in construction activity, corporate profit and consumer spending has benefited industry operators greatly. As a result, industry revenue is anticipated to increase during the current period. Over the five years to 2023, industry revenue is expected to continue growing due to accelerating downstream markets and expanding economic activity.

This industry operates franchised plumbing service companies. Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude non-franchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margins earned by franchisees.

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.