Abstract
US demand to grow 2.6% annually through 2011
US demand for plumbing fixtures and fittings is expected to advance 2.6
percent annually through 2011 to $11.4 billion. Growth will be supported by
increasing applications in improvement and repair markets in both residential
and nonresidential construction and by an acceleration in new nonresidential
construction expenditures. Gains will also be aided by ongoing trends toward
larger bathrooms and kitchens in residential markets. These factors will help
to offset weak singlefamily housing completions and a moderation in raw
material pricing for metal and plastic.
US shipments of plumbing fixtures and fittings are forecast to increase
marginally through 2011. Gains in plumbing product shipments will lag that of
demand as imports -- which grew nearly 17 percent per annum between 1996 and
2006 -- continue to expand at a rapid pace. The bulk of plumbing product
imports will continue to be from Asian manufacturers with lower production
costs, who supply products for economy-minded customers, and from European
firms looking to expand their reach to aesthetic-minded customers. In
addition, producers based in Latin American nations will continue to represent
a small, but growing source of imports for the US market.
Study coverage
It presents historical demand data (1996, 2001, 2006) plus forecasts for 2011
and 2016 by material, type, market, and region of the US. In addition, this
study assesses key market environment factors, evaluates company market shares
and profiles 32 industry competitors.