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Plumbing Service Franchises - Industry Market Research Report

  • April 2016
  • -
  • Ibisworld
  • -
  • 40 pages

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Unclogged: The industry will continue to accelerate as residential and nonresidential construction rises



Abstract

Plumbing Service Franchises

The Plumbing Service Franchises industry has experienced strong growth as the US economy and the residential construction market began their recovery in 2011. As construction activity started to rise and more homes and commercial buildings began to be built, the industry's pool of customers expanded from its recessionary low. Moreover, the industry is expected to continue expanding in the five years to 2021, supported by the need for new housing, as well as strong demand from the commercial and industrial building construction markets. A growing US economy alongside higher construction activity will translate into more pipes, drains, sinks and toilets that need installation and repair services.

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 margin 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.



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