Plumbing in Canada - Market Research Report (2013-2028)
New York, United States
Last Updated: November 2023
NAICS 23822bCARevenue
$19.9bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
75,057
Businesses
10,865
Wages
$X.Xbn
Plumbing in Canada industry analysis
Plumbers in Canada have exhibited solid revenue growth in recent years, despite the complications caused by the pandemic. Plumbers are essential to the residential and nonresidential building markets since they're needed to install systems for new construction and repair and maintain existing structures' systems. This protects plumbers from significant revenue fluctuations. Still, diminished demand from new construction activity amid the pandemic brought atypical volatility for plumbers. Revenue is expected to climb at a CAGR of 1.1% to $19.9 billion through the end of 2023, including a 2.5% jump in 2023.
Trends and Insights
- Construction markets have fuelled revenue growth. Despite volatile economic conditions, growing domestic construction markets have brought revenue growth for plumbers. When building activity grows in Canada, demand for plumbing also rises.
- Sprinkler and piping services have been a key area of growth. Meanwhile, general plumbing services, which comprise the largest product segment, have also grown as a share of revenue.
- Plumbers are concentrated in Ontario. Since Ontario is the most populated province, it has the most plumbers. Plumbing is a requirement in all residential construction, so plumbers tend to locate near areas where residential construction is high.
- Plumbers endure a lot of competition. The industry is composed of about 13,000 plumbers with none capturing a substantial share of industry revenue.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 1.1 % over the past five years, to reach an estimated $19.9bn in 2023.
Trends and Insights
Growing construction markets have fuelled industry growth
- The value of residential construction grew between 2018 and 2022, spurring the development of new projects. This has boosted revenue by lifting demand for plumbing services from the residential building market, which comprises more than half of revenue.
- Additional trends and insights available with purchase
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Strong growth in renovation activity will fuel demand for plumbing services
- Increased renovation activity is set to increase demand for plumbing. Many renovations include work on pipes and other plumbing equipment. Many individuals and businesses can't perform this type of work themselves, fuelling growth in demand for plumbing services. The increased popularity of natural gas for heating will also improve demand for gas plumbing.
Biggest companies in the Plumbing in Canada
| Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
|---|---|---|---|---|
Black & McDonald Limited | 55.6 | N/A | N/A | |
Mr. Rooter LLC | 55.6 | N/A | N/A | |
Roto-Rooter Plumbing & Water Cleanup | 55.6 | N/A | N/A |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Plumbing in Canada
Products & Services
Industry revenue is measured across several distinct product and services lines, including General plumbing services, Mechanical plumbing services and Sprinkler services, steamfitting and piping services and other. General plumbing services is the largest segment of the Plumbing in Canada.
Trends and Insights
Spending on mechanical plumbing services lowered by volatility
- These services include mechanical heating, sanitary fixtures, cooling and ventilation. These services tend to be costly as they must be done by highly specialized labour.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Home Improvement Stores in Canada
Complementors
- Electricians in Canada
- Roofing Contractors in Canada
- Heating & Air-Conditioning Contractors in Canada
International industries
- Plumbers in the US
- Plumbing Services in Australia
- Plumbing Services in New Zealand
- Plumbing, Heating & Air Conditioning Installation in the UK
- Plumbing, Heating & Air Conditioning Installation in Ireland
Table of Contents
About this industry
Industry definition
This industry installs and services plumbing fixtures, fittings and equipment. Industry activities include work on household pipes and drains, installation of gas cooking and heating appliances and work on bathroom and toilet fixtures and venting systems. Emergency repair work (e.g. unclogging drains or repairing burst water mains) represents a significant source of industry revenue. Contractors may also supply plumbing appliances, pipes and coupling products for projects.
What's included in this industry?
Gas plumbingGas appliance repairRepairing installed plumbingSeptic tank installationDrain construction, cleaning or repairingIndoor and outdoor sprinkler system installationSteamfitting and piping contracting Solar hot water systems installationCompanies
Black & McDonald LimitedMr. Rooter LLCRoto-Rooter Plumbing & Water CleanupPurchase this report to view all 4 major companies in this industry.
Related Terms
NONEMPLOYERPLUMBING FIXTURESTEAMFITTING HYDRONIC NONPOTABLEIndustry Code
NAICS 238220 - Plumbing in Canada
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Construction markets have fuelled revenue growth. Despite volatile economic conditions, growing domestic construction markets have brought revenue growth for plumbers. When b...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Sprinkler and piping services have been a key area of growth. Meanwhile, general plumbing services, which comprise the largest product segment, have also grown as a share of ...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2023
- Product innovation level
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Plumbers are concentrated in Ontario. Since Ontario is the most populated province, it has the most plumbers. Plumbing is a requirement in all residential construction, so pl...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each province
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each province in 2023
- Number and share of revenue each province accounts for in 2023
- Number and share of wages each province accounts for in 2023
- Number and share of employees in each province in 2023
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Plumbers endure a lot of competition. The industry is composed of about 13,000 plumbers with none capturing a substantial share of industry revenue.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
There is no single plumbing business that dominates the industry. However, several smaller companies have a very small market share.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of Black & McDonald Limited's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Mr. Rooter LLC's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Roto-Rooter Plumbing & Water Cleanup's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Black & McDonald Limited, and factors influencing its performance in the industry
- Description and key data for Mr. Rooter LLC, and factors influencing its performance in the industry
- Description and key data for Roto-Rooter Plumbing & Water Cleanup, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The number of housing starts is a key driver of demand for plumbing work. When new houses are built, they require plumbing work to be installed. This also grows the market fo...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit was negatively affected by COVID-19. While it has grown since, it remains below the level it was at prior to the pandemic. Price competition among plumbers has been ex...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2016-2021)
- Coverage Ratios (2016-2021)
- Leverage Ratios (2016-2021)
- Operating Ratios (2016-2021)
- Assets (2016-2021)
- Liabilities (2016-2021)
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Canada include:
- Statistics Canada
- Industry Canada
- Canadian Business Patterns
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Plumbing industry in Canada in 2024?
The market size of the Plumbing industry in Canada is $19.9bn in 2024.
How many businesses are there in the Plumbing in Canada industry in 2023?
There are 10,865 businesses in the Plumbing industry in Canada, which has declined at a CAGR of 2.9 % between 2018 and 2023.
Has the Plumbing industry in Canada grown or declined over the past 5 years?
The market size of the Plumbing industry in Canada has been growing at a CAGR of 1.1 % between 2018 and 2023.
What is the forecast growth of the Plumbing industry in Canada over the next 5 years?
Over the next five years, the Plumbing industry in Canada is expected to grow.
What are the biggest companies in the Plumbing market in Canada?
The biggest companies operating in the Plumbing market in Canada are Black & McDonald Limited, Mr. Rooter LLC and Roto-Rooter Plumbing & Water Cleanup
What does the Plumbing in Canada include?
Gas plumbing and Gas appliance repair are part of the Plumbing industry.
Which companies have the highest market share in the Plumbing in Canada?
The company holding the most market share in Canada is Black & McDonald Limited.
How competitive is the Plumbing industry in Canada?
The level of competition is high and increasing in the Plumbing industry in Canada.
