Plumbing Component Market Report by Product (Fittings, Manifolds, Pipes, Valves), Application (Bathtubs , Showerheads, Faucets, and Others), Distribution Channel (Online, Offline), End User (Residential, Non-residential), and Region 2023-2028
Market Overview: The global plumbing component market size reached US$ 59.98 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 82.15 Billion by 2028, exhibiting a g... もっと見る
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SummaryMarket Overview:The global plumbing component market size reached US$ 59.98 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 82.15 Billion by 2028, exhibiting a growth rate (CAGR) of 5.47% during 2023-2028. Rapid urbanization and industrialization, the rising population, the growing trend of modernization and renovation in residential and commercial buildings, and stringent regulations and initiatives by governments of various nations aimed at water conservation and sustainable construction practices represent some of the key factors driving the market. Plumbing components are crucial in ensuring the smooth and efficient functioning of water and drainage systems. They are designed to provide a seamless flow of water while also effectively managing waste disposal. One of the most commonly used plumbing components is the pipe, which is typically made from materials such as copper, PVC (polyvinyl chloride), or PEX (cross-linked polyethyrlene). Pipes are manufactured through extrusion, where the material is forced through a die to create the desired shape. Once the pipes are installed, they facilitate the movement of water and other fluids from one point to another, ensuring a reliable water supply in residential, commercial, and industrial settings. Another vital plumbing component is the valve, which controls the flow of water or gas through the pipes. Valves are constructed using materials like brass or stainless steel and operate by opening or closing to regulate the fluid flow. They are essential for shutting off the water supply in case of emergencies or maintenance work. Plumbing components offer numerous advantages, including durability, corrosion resistance, and ease of installation. Additionally, they are available in various types to suit different requirements, such as water supply, drain, and sewer pipes, each serving a specific purpose. Valves also come in different variants, including ball, gate, and check valves, providing flexibility in controlling fluid flow based on specific needs. Plumbing Component Market Trends: The global plumbing component market is influenced by several factors, including rapid urbanization and industrialization and the rising population. This is further bolstered by the growing trend of modernization and renovation in residential and commercial buildings. Moreover, stringent regulations and initiatives by governments of various nations aimed at water conservation and sustainable construction practices have necessitated the use of advanced plumbing components that enable efficient water management and reduce wastage, which is creating a positive outlook for the market. Additionally, the increasing awareness among consumers regarding the importance of hygienic living conditions and the need for proper sanitation facilities are boosting the market growth. Apart from this, surging construction activities and rapid technological advancements in plumbing component manufacturing, such as the development of innovative materials and the incorporation of smart technologies, are creating a positive outlook for the market. In confluence with this, the growing trend of green buildings and sustainable construction practices has surged the demand for eco-friendly plumbing components, including low-flow fixtures and water-saving devices, which is supporting the market growth. Besides this, the increasing adoption of prefabricated and modular construction methods and the need for pre-designed plumbing systems are bolstering the market growth. Key Market Segmentation: IMARC Group provides an analysis of the key trends in each segment of the global plumbing component market, along with forecasts at the global, regional, and country levels from 2023-2028 Our report has categorized the market based on product, application, distribution channel, and end user. Product Insights: Fittings Manifolds Pipes Valves The report has provided a detailed breakup and analysis of the plumbing component market based on the product. This includes fittings, manifolds, pipes, and valves. According to the report, pipes represented the largest segment. Application Insights: Bathtubs Showerheads Faucets Others The report has provided a detailed breakup and analysis of the plumbing component market based on the application. This includes bathtubs, showerheads, faucets, and others. According to the report, faucets represented the largest segment. Distribution Channel Insights: Online Offline The report has provided a detailed breakup and analysis of the plumbing component market based on the distribution channel. This includes online and offline. According to the report, offline represented the largest segment. End User Insights: Residential Non-residential The report has provided a detailed breakup and analysis of the plumbing component market based on the end user. This includes residential and non-residential. According to the report, residential represented the largest segment. Regional Insights: North America United States Canada Asia Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for plumbing component. Some of the factors driving the Asia Pacific plumbing component market included rapid growth of e-commerce platforms, rising disposable income and improving living standards of consumers, and the ongoing focus on research and development (R&D) activities to introduce innovative products and address specific customer requirements. Competitive Landscape: The report has also provided a comprehensive analysis of the competitive landscape in the global plumbing component market. Detailed profiles of all major companies have been provided. Some of the companies covered include Central States Industrial Equipment and Service Inc., Finolex Industries Limited, McWane Inc., Morris Group International Inc., Mueller Industries Inc., Nupi Industrie Italiane S.p.A., Reliance Worldwide Corporation Limited, Tigre USA Inc., Turnkey Industrial Pipe & Supply Inc., Uponor Oyj, Westlake Pipe & Fittings Corporation (Westlake Corporation), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report. Key Questions Answered in This Report: How has the global plumbing component market performed so far, and how will it perform in the coming years? What are the drivers, restraints, and opportunities in the global plumbing component market? What is the impact of each driver, restraint, and opportunity on the global plumbing component market? What are the key regional markets? Which countries represent the most attractive plumbing component market? What is the breakup of the market based on product? Which is the most attractive product in the plumbing component market? What is the breakup of the market based on application? Which is the most attractive application in the plumbing component market? What is the breakup of the market based on distribution channel? Which is the most attractive distribution channel in the plumbing component market? What is the breakup of the market based on end user? Which is the most attractive end user in the plumbing component market? What is the competitive structure of the global plumbing component market? Who are the key players/companies in the global plumbing component market? Table of Contents1 Preface2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Plumbing Component Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Product 6.1 Fittings 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Manifolds 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Pipes 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Valves 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by Application 7.1 Bathtubs 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Showerheads 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Faucets 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Others 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Breakup by Distribution Channel 8.1 Online 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Offline 8.2.1 Market Trends 8.2.2 Market Forecast 9 Market Breakup by End User 9.1 Residential 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Non-residential 9.2.1 Market Trends 9.2.2 Market Forecast 10 Market Breakup by Region 10.1 North America 10.1.1 United States 10.1.1.1 Market Trends 10.1.1.2 Market Forecast 10.1.2 Canada 10.1.2.1 Market Trends 10.1.2.2 Market Forecast 10.2 Asia-Pacific 10.2.1 China 10.2.1.1 Market Trends 10.2.1.2 Market Forecast 10.2.2 Japan 10.2.2.1 Market Trends 10.2.2.2 Market Forecast 10.2.3 India 10.2.3.1 Market Trends 10.2.3.2 Market Forecast 10.2.4 South Korea 10.2.4.1 Market Trends 10.2.4.2 Market Forecast 10.2.5 Australia 10.2.5.1 Market Trends 10.2.5.2 Market Forecast 10.2.6 Indonesia 10.2.6.1 Market Trends 10.2.6.2 Market Forecast 10.2.7 Others 10.2.7.1 Market Trends 10.2.7.2 Market Forecast 10.3 Europe 10.3.1 Germany 10.3.1.1 Market Trends 10.3.1.2 Market Forecast 10.3.2 France 10.3.2.1 Market Trends 10.3.2.2 Market Forecast 10.3.3 United Kingdom 10.3.3.1 Market Trends 10.3.3.2 Market Forecast 10.3.4 Italy 10.3.4.1 Market Trends 10.3.4.2 Market Forecast 10.3.5 Spain 10.3.5.1 Market Trends 10.3.5.2 Market Forecast 10.3.6 Russia 10.3.6.1 Market Trends 10.3.6.2 Market Forecast 10.3.7 Others 10.3.7.1 Market Trends 10.3.7.2 Market Forecast 10.4 Latin America 10.4.1 Brazil 10.4.1.1 Market Trends 10.4.1.2 Market Forecast 10.4.2 Mexico 10.4.2.1 Market Trends 10.4.2.2 Market Forecast 10.4.3 Others 10.4.3.1 Market Trends 10.4.3.2 Market Forecast 10.5 Middle East and Africa 10.5.1 Market Trends 10.5.2 Market Breakup by Country 10.5.3 Market Forecast 11 Drivers, Restraints, and Opportunities 11.1 Overview 11.2 Drivers 11.3 Restraints 11.4 Opportunities 12 Value Chain Analysis 13 Porters Five Forces Analysis 13.1 Overview 13.2 Bargaining Power of Buyers 13.3 Bargaining Power of Suppliers 13.4 Degree of Competition 13.5 Threat of New Entrants 13.6 Threat of Substitutes 14 Price Analysis 15 Competitive Landscape 15.1 Market Structure 15.2 Key Players 15.3 Profiles of Key Players 15.3.1 Central States Industrial Equipment and Service Inc. 15.3.1.1 Company Overview 15.3.1.2 Product Portfolio 15.3.2 Finolex Industries Limited 15.3.2.1 Company Overview 15.3.2.2 Product Portfolio 15.3.3 McWane Inc. 15.3.3.1 Company Overview 15.3.3.2 Product Portfolio 15.3.4 Morris Group International Inc. 15.3.4.1 Company Overview 15.3.4.2 Product Portfolio 15.3.5 Mueller Industries Inc. 15.3.5.1 Company Overview 15.3.5.2 Product Portfolio 15.3.6 Nupi Industrie Italiane S.p.A. 15.3.6.1 Company Overview 15.3.6.2 Product Portfolio 15.3.7 Reliance Worldwide Corporation Limited 15.3.7.1 Company Overview 15.3.7.2 Product Portfolio 15.3.8 Tigre USA Inc. 15.3.8.1 Company Overview 15.3.8.2 Product Portfolio 15.3.9 Turnkey Industrial Pipe & Supply Inc. 15.3.9.1 Company Overview 15.3.9.2 Product Portfolio 15.3.10 Uponor Oyj 15.3.10.1 Company Overview 15.3.10.2 Product Portfolio 15.3.10.3 Financials 15.3.11 Westlake Pipe & Fittings Corporation (Westlake Corporation) 15.3.11.1 Company Overview 15.3.11.2 Product Portfolio Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report. List of Figures Figure 1: Global: Plumbing Component Market: Major Drivers and Challenges Figure 2: Global: Plumbing Component Market: Sales Value (in Billion US$), 2017-2022 Figure 3: Global: Plumbing Component Market Forecast: Sales Value (in Billion US$), 2023-2028 Figure 4: Global: Plumbing Component Market: Breakup by Product (in %), 2022 Figure 5: Global: Plumbing Component Market: Breakup by Application (in %), 2022 Figure 6: Global: Plumbing Component Market: Breakup by Distribution Channel (in %), 2022 Figure 7: Global: Plumbing Component Market: Breakup by End User (in %), 2022 Figure 8: Global: Plumbing Component Market: Breakup by Region (in %), 2022 Figure 9: Global: Plumbing Component (Fittings) Market: Sales Value (in Million US$), 2017 & 2022 Figure 10: Global: Plumbing Component (Fittings) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 11: Global: Plumbing Component (Manifolds) Market: Sales Value (in Million US$), 2017 & 2022 Figure 12: Global: Plumbing Component (Manifolds) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 13: Global: Plumbing Component (Pipes) Market: Sales Value (in Million US$), 2017 & 2022 Figure 14: Global: Plumbing Component (Pipes) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 15: Global: Plumbing Component (Valves) Market: Sales Value (in Million US$), 2017 & 2022 Figure 16: Global: Plumbing Component (Valves) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 17: Global: Plumbing Component (Bathtubs) Market: Sales Value (in Million US$), 2017 & 2022 Figure 18: Global: Plumbing Component (Bathtubs) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 19: Global: Plumbing Component (Showerheads) Market: Sales Value (in Million US$), 2017 & 2022 Figure 20: Global: Plumbing Component (Showerheads) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 21: Global: Plumbing Component (Faucets) Market: Sales Value (in Million US$), 2017 & 2022 Figure 22: Global: Plumbing Component (Faucets) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 23: Global: Plumbing Component (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022 Figure 24: Global: Plumbing Component (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 25: Global: Plumbing Component (Online) Market: Sales Value (in Million US$), 2017 & 2022 Figure 26: Global: Plumbing Component (Online) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 27: Global: Plumbing Component (Offline) Market: Sales Value (in Million US$), 2017 & 2022 Figure 28: Global: Plumbing Component (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 29: Global: Plumbing Component (Residential) Market: Sales Value (in Million US$), 2017 & 2022 Figure 30: Global: Plumbing Component (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 31: Global: Plumbing Component (Non-residential) Market: Sales Value (in Million US$), 2017 & 2022 Figure 32: Global: Plumbing Component (Non-residential) Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 33: North America: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 34: North America: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 35: United States: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 36: United States: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 37: Canada: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 38: Canada: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 39: Asia-Pacific: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 40: Asia-Pacific: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 41: China: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 42: China: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 43: Japan: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 44: Japan: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 45: India: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 46: India: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 47: South Korea: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 48: South Korea: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 49: Australia: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 50: Australia: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 51: Indonesia: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 52: Indonesia: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 53: Others: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 54: Others: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 55: Europe: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 56: Europe: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 57: Germany: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 58: Germany: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 59: France: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 60: France: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 61: United Kingdom: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 62: United Kingdom: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 63: Italy: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 64: Italy: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 65: Spain: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 66: Spain: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 67: Russia: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 68: Russia: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 69: Others: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 70: Others: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 71: Latin America: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 72: Latin America: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 73: Brazil: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 74: Brazil: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 75: Mexico: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 76: Mexico: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 77: Others: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 78: Others: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 79: Middle East and Africa: Plumbing Component Market: Sales Value (in Million US$), 2017 & 2022 Figure 80: Middle East and Africa: Plumbing Component Market: Breakup by Country (in %), 2022 Figure 81: Middle East and Africa: Plumbing Component Market Forecast: Sales Value (in Million US$), 2023-2028 Figure 82: Global: Plumbing Component Industry: Drivers, Restraints, and Opportunities Figure 83: Global: Plumbing Component Industry: Value Chain Analysis Figure 84: Global: Plumbing Component Industry: Porter's Five Forces Analysis List of Tables Table 1: Global: Plumbing Component Market: Key Industry Highlights, 2022 & 2028 Table 2: Global: Plumbing Component Market Forecast: Breakup by Product (in Million US$), 2023-2028 Table 3: Global: Plumbing Component Market Forecast: Breakup by Application (in Million US$), 2023-2028 Table 4: Global: Plumbing Component Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028 Table 5: Global: Plumbing Component Market Forecast: Breakup by End User (in Million US$), 2023-2028 Table 6: Global: Plumbing Component Market Forecast: Breakup by Region (in Million US$), 2023-2028 Table 7: Global: Plumbing Component Market: Competitive Structure Table 8: Global: Plumbing Component Market: Key Players
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