Residential Plumbing Market Size 2024-2028
The residential plumbing market size is forecast to increase by USD 26.20 billion at a CAGR of 4.95% between 2023 and 2028. The market is experiencing significant growth due to economic development and the increasing construction of new residential buildings worldwide. This expansion is driven by the demand for advanced plumbing pipes, and plumbing fixtures and fittings including water efficiency, smart homes, eco-friendly fixtures, touchless operation, and antimicrobial fixtures. These trends reflect consumers' heightened focus on hygiene awareness and infrastructure projects. Additionally, the market is being influenced by the increasing popularity of infrastructure projects that prioritize sustainable and eco-friendly practices. The high cost and maintenance of residential plumbing systems remain challenges for market growth. However, the market's potential is vast, with opportunities in both developed and developing economies. Furthermore, by staying informed of these trends and challenges, industry participants can position themselves for success in the evolving residential plumbing landscape.
What will be the Size of the Market During the Forecast Period?
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Fitting
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Residential Plumbing Market 2018 - 2022
- Historic Market Size - Data Table on Global Residential Plumbing Market 2018 - 2022 ($ billion)
- 5.2 Fitting segment analysis 2018 - 2022
- Historic Market Size - Fitting Segment 2018 - 2022 ($ billion)
- 5.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ billion)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)
6 Qualitative Analysis
- 6.1 Impact of AI on the Global Residential Plumbing Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Fitting
- 8.1 Market segments
- Chart on Fitting - Market share 2023-2028 (%)
- Data Table on Fitting - Market share 2023-2028 (%)
- 8.2 Comparison by Fitting
- Chart on Comparison by Fitting
- Data Table on Comparison by Fitting
- 8.3 Renovations and upgrades - Market size and forecast 2023-2028
- Chart on Renovations and upgrades - Market size and forecast 2023-2028 ($ billion)
- Data Table on Renovations and upgrades - Market size and forecast 2023-2028 ($ billion)
- Chart on Renovations and upgrades - Year-over-year growth 2023-2028 (%)
- Data Table on Renovations and upgrades - Year-over-year growth 2023-2028 (%)
- 8.4 New installations - Market size and forecast 2023-2028
- Chart on New installations - Market size and forecast 2023-2028 ($ billion)
- Data Table on New installations - Market size and forecast 2023-2028 ($ billion)
- Chart on New installations - Year-over-year growth 2023-2028 (%)
- Data Table on New installations - Year-over-year growth 2023-2028 (%)
- 8.5 Market opportunity by Fitting
- Market opportunity by Fitting ($ billion)
- Data Table on Market opportunity by Fitting ($ billion)
9 Market Segmentation by Product
- 9.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
- 9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 9.3 Plumbing fixtures - Market size and forecast 2023-2028
- Chart on Plumbing fixtures - Market size and forecast 2023-2028 ($ billion)
- Data Table on Plumbing fixtures - Market size and forecast 2023-2028 ($ billion)
- Chart on Plumbing fixtures - Year-over-year growth 2023-2028 (%)
- Data Table on Plumbing fixtures - Year-over-year growth 2023-2028 (%)
- 9.4 Plumbing fittings - Market size and forecast 2023-2028
- Chart on Plumbing fittings - Market size and forecast 2023-2028 ($ billion)
- Data Table on Plumbing fittings - Market size and forecast 2023-2028 ($ billion)
- Chart on Plumbing fittings - Year-over-year growth 2023-2028 (%)
- Data Table on Plumbing fittings - Year-over-year growth 2023-2028 (%)
- 9.5 Plumbing systems - Market size and forecast 2023-2028
- Chart on Plumbing systems - Market size and forecast 2023-2028 ($ billion)
- Data Table on Plumbing systems - Market size and forecast 2023-2028 ($ billion)
- Chart on Plumbing systems - Year-over-year growth 2023-2028 (%)
- Data Table on Plumbing systems - Year-over-year growth 2023-2028 (%)
- 9.6 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 11.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 11.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 11.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 11.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 11.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 11.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 11.10 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ billion)
- Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 11.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 11.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 11.13 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 11.14 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 11.15 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- 11.16 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 11.17 Australia - Market size and forecast 2023-2028
- Chart on Australia - Market size and forecast 2023-2028 ($ billion)
- Data Table on Australia - Market size and forecast 2023-2028 ($ billion)
- Chart on Australia - Year-over-year growth 2023-2028 (%)
- Data Table on Australia - Year-over-year growth 2023-2028 (%)
- 11.18 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 American Bath Group
- American Bath Group - Overview
- American Bath Group - Product / Service
- American Bath Group - Key news
- American Bath Group - Key offerings
- SWOT
- 14.5 Astral Ltd.
- Astral Ltd. - Overview
- Astral Ltd. - Business segments
- Astral Ltd. - Key offerings
- Astral Ltd. - Segment focus
- SWOT
- 14.6 Bradford White Corp.
- Bradford White Corp. - Overview
- Bradford White Corp. - Product / Service
- Bradford White Corp. - Key offerings
- SWOT
- 14.7 Colston Bath
- Colston Bath - Overview
- Colston Bath - Product / Service
- Colston Bath - Key offerings
- SWOT
- 14.8 Elkay Manufacturing Co.
- Elkay Manufacturing Co. - Overview
- Elkay Manufacturing Co. - Product / Service
- Elkay Manufacturing Co. - Key news
- Elkay Manufacturing Co. - Key offerings
- SWOT
- 14.9 Geberit International AG
- Geberit International AG - Overview
- Geberit International AG - Product / Service
- Geberit International AG - Key offerings
- SWOT
- 14.10 Globe Union Industrial Corp.
- Globe Union Industrial Corp. - Overview
- Globe Union Industrial Corp. - Product / Service
- Globe Union Industrial Corp. - Key offerings
- SWOT
- 14.11 Kohler Co.
- Kohler Co. - Overview
- Kohler Co. - Product / Service
- Kohler Co. - Key news
- Kohler Co. - Key offerings
- SWOT
- 14.12 LIXIL Corp.
- LIXIL Corp. - Overview
- LIXIL Corp. - Business segments
- LIXIL Corp. - Key news
- LIXIL Corp. - Key offerings
- LIXIL Corp. - Segment focus
- SWOT
- 14.13 Masco Corp.
- Masco Corp. - Overview
- Masco Corp. - Business segments
- Masco Corp. - Key news
- Masco Corp. - Key offerings
- Masco Corp. - Segment focus
- SWOT
- 14.14 Moen Inc.
- Moen Inc. - Overview
- Moen Inc. - Product / Service
- Moen Inc. - Key offerings
- SWOT
- 14.15 Reliance Worldwide Corp. Ltd.
- Reliance Worldwide Corp. Ltd. - Overview
- Reliance Worldwide Corp. Ltd. - Product / Service
- Reliance Worldwide Corp. Ltd. - Key offerings
- SWOT
- 14.16 Rheem Manufacturing Co.
- Rheem Manufacturing Co. - Overview
- Rheem Manufacturing Co. - Product / Service
- Rheem Manufacturing Co. - Key news
- Rheem Manufacturing Co. - Key offerings
- SWOT
- 14.17 Toto Ltd.
- Toto Ltd. - Overview
- Toto Ltd. - Business segments
- Toto Ltd. - Key offerings
- Toto Ltd. - Segment focus
- SWOT
- 14.18 Uponor Corp.
- Uponor Corp. - Overview
- Uponor Corp. - Business segments
- Uponor Corp. - Key offerings
- Uponor Corp. - Segment focus
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations