Freedonia In The News

Article Title: America's Toilet Turnaround
By: Bob Hagerty
Publication: The Wall Street Journal, 9/25/2013
Freedonia Study: World Plumbing (2934)

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Article Title: Emerging global industry will help grow plumbing sales
By: Brae Canlen
Publication: Home Channel News, 9/13/2012
Freedonia Study: World Plumbing (2934)

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Global demand for plumbing fixtures and fittings is forecast to increase 6.2% annually over the next five years, according to a report from the Freedonia Group, a Cleveland-based market research firm. The increase in demand, which will reach $80 billion in the year 2016, is expected to be driven by two main factors. In industrializing countries of the Asia/Pacific and Africa/Mideast regions, rising per capita incomes will fuel desire for more and beter plumbing products. In developed countries such as the United States, Canada and those in Western Europe, an expected recovery in construction spending will generate demand.
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Article Title: World Plumbing Products Demand to Reach $80 Billion
By:
Publication: Trans World News, 10/22/2012
Freedonia Study: World Plumbing (2934)

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The Asia/Pacific region will see the most rapid growth in demand, primarily fueled by China’s increasing, albeit decelerating, rate of industrialization. China alone is forecast to account for one-half of the increase in global plumbing demand generated between 2011 and 2016. The country’s vast population makes infrastructure and sewage system development a necessity, supporting demand by households that previously did not have a piped water supply. Other industrializing countries in Asia, such as India and Indonesia, and in the Africa/Mideast region will also contribute to overall plumbing product demand.
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