Trends and Forecasts of the UK Plumbers' Merchants Market

The newly released UK Plumbers’ Merchants Market Report reveals that the market remains strongly dependent on several factors, including the state of the economy, its effect on investment and consumer spending and construction output.

Editor of the report, Abdul Tantouch explains the insight within the report: 

“Our report not only provides a detailed examination of market trends, challenges, and opportunities but also includes crucial insights such as the market’s estimated value and forecasts up to 2028”.

To give you a sample of just some of the insight included in our extensive market research reports, Abdul has listed 5 key facts about the UK plumbers’ merchants market.

Market Value

The UK plumbers’ merchants’ market was valued at £6.22bn in 2024, having grown by more than 16% since 2020.

Market Share

HVAC equipment accounted for a leading 36% of total market value in 2024, ahead of residential kitchen products (20%), bathroom products (17%) and plumbing and drainage materials (13%).

Distribution

Plumbers’ merchants occupy an especially strong position as a distribution channel within the plumbing and drainage materials and HVAC equipment sector.

Supply & Demand

Industry supply is dominated by national merchants with a branch network covering the whole of the UK, with the top six suppliers accounting for 75% of sales in 2024.

Forecasts

During the period 2024-2029, annual market growth is expected to average around 3-4%, with value sales reaching £7.43bn.