Posted 10th October

Plumbers’ merchants market reaches £4.2bn in value

By KBBDaily on 10th October 2018 - 12:34pm
kitchen, bathroom, money matters, plumbers, merchant, market, ama research, kbb, kbbdaily

The UK plumbers’ merchants market reached an estimated worth of more than £4.2bn in 2017, according to the latest report by AMA Research, equating to growth of around 2% from 2016 with “modest recovery” expected to continue in 2018.

According to AMA, four “major merchant organisations” dominate the UK plumbers’ merchants market, collectively accounting for an estimated 65%-70% share in terms of value. The market’s main competitors are the home improvement retail and specialist outlets, AMA added, as well as manufacturers and suppliers that deal directly with the construction trade.

“Some of the major nationals have responded to recent challenges in the plumbing and heating sector by restructuring and streamlining their operations, which has led to a number of branch closures, as well as the opening of new, more efficient outlets, enhancement of online and/or multi-channel offerings and a stronger focus on digital technologies,” the AMA said. “This focus on e-commerce has helped to offset some of the shift to internet-only distributors.”

Prospects for the market are “relatively positive”, AMA Research said, but noted that political uncertainties surrounding Brexit – and the subsequent consequences for trade, business investment and the availability of skilled labour – are already affecting growth and will continue to do so.

To order the ‘Plumbers Merchants Market Report - UK 2018-2022' report by AMA Research, go to amaresearch.co.uk or call 01242 235 724.


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