Market Value and Growth
- U.S. Plumbing Market: Worth $144.3 billion in 2021.
- Global Plumbing Fixtures Market: Valued at $96.2 billion in 2020.
- U.S. Plumbing Industry Growth: Expected CAGR of 4.2% by 2025.
- Global Plumbing Fixtures and Fittings Market: Projected to hit $139 billion by 2027.
Workforce and Employment
- Number of Plumbing Businesses in the U.S.: 530,672 in 2021.
- Plumbers’ Median Wage in the U.S.: $56,330 in 2020.
- Demand for Plumbers in the U.S.: Projected to grow by 7% from 2018 to 2028.
- Female Plumbers in the U.S.: Represented 2.3% of the workforce in 2021.
- Australian Plumbing Workforce: 22% are apprentices.
Residential and Business Distribution
- Residential Sector Jobs: Accounted for 60% of plumbing jobs in 2020.
- Revenue from Building Construction: 55% of total industry revenue from residential projects.
- U.S. Homes with Water Leaks: 15%, highlighting a key market for plumbing repairs.
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Regional Insights
- Canadian Plumbing Industry Revenue: $16 billion in 2021.
- European Plumbing Industry: Valued at €31.6 billion in 2017.
- China’s Plumbing Product Demand: Expected to grow at a double-digit rate from 2017 to 2021.
Business Size and Economic Impact
- Small and Medium-Sized Plumbing Businesses in the UK: 80% of the market.
- Top Paying States for Plumbers in the U.S.: Illinois, Alaska, Minnesota, New Jersey, Massachusetts.
