In 2023, the Gross Value Added (GVA) per employee in the UK’s plumbing, heat, and air conditioning installation sector stood at 70.6 thousand Euros. Forecasts indicate a gradual annual increase: 0.8% in 2024, 0.8% in 2025, 1.0% in 2026, 0.8% in 2027, and 1.0% in 2028, with a CAGR of approximately 0.88% over the five-year period. This trend suggests consistent growth, reflective of rising productivity or increased value generation per employee.
Future trends to watch:
- The impact of technology on efficiency and productivity.
- Regulatory changes in the sector impacting cost structures and GVA.
- Market demand influenced by eco-friendly and energy-efficient solutions.
