by Corinne Gangloff
June 3, 2022
Cleveland OH, June 3, 2022 – A new Freedonia Group analysis finds that strong growth in new single-family home construction in the first part of the forecast period will boost demand for behind-the-wall plumbing products through 2025, as a wide variety of plumbing products are installed during initial home construction:
The analysis projects spending on home kitchen and bathroom renovation projects to grow 5% annually to just under $100 billion in 2025, supported by such factors as:
Design trends favoring larger kitchens for family gatherings and entertaining guests will promote gains in the larger kitchen remodeling segment. Interest in professional-style kitchen amenities that involve installing more fixtures and fittings will also promote growth.
Bathroom renovation spending will be supported by such projects as bathroom additions to improve convenience and functionality and design trends like exposed plumbing and spa-like features. Older US consumers installing fixtures like walk-in bathtubs and elevated toilets to facilitate aging in place will bolster gains, as well.
Want to Learn More?
Behind-the-Wall Plumbing, now available from The Freedonia Group, provides historical data for 2010, 2015, 2019, 2020, and 2021 and forecasts for 2022, 2025, and 2030 for both value and unit behind the wall plumbing product demand by product, application, and market. The study also identifies leading suppliers in key product segments and discusses factors that affect the marketing and distribution of behind-the-wall plumbing products in the US.
The products covered in this study are:
The applications for behind-the-wall plumbing products are:
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