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Plumbing Fittings and Fixtures: What Is Driving Demand Through 2025

Residential plumbing fittings and fixtures demand decreased from 124.2 million units valued at $13.1 billion in 2021 to 116.3 million units valued at $12.9 billion in 2022, a decline of 6.4% by volume and 1.3% by value. In early 2022, plumbing fittings and fixtures demand was quite strong, continuing from a record year in 2021. However, macroeconomic factors began affecting the market in mid-2022; the slowing pace of new construction and repair and remodeling (R&R) activity led to softer product demand that continued into 2023.