Although lack of available product and labor are ongoing factors within the residential plumbing sector, there is certainly no lack of opportunity. According to the 2021 North American Plumbing Fixtures Market Report, compiled by Grand View Research, the plumbing fixture market ended 2020 with a $22.4 billion value and it is expected to grow at a rate of 7.5% from 2021 to 2028.
Whether you’re a new pro entering the industry or a seasoned plumber in need of a quick refresher, this article covers best practices when installing or replacing a new toilet flange; best practices when repairing a broken flange; and finally, toilet flange types and options.
It’s been more than two years since kitchen and bath professionals, designers and builders have gathered for the industry’s largest trade show and conference — the Kitchen and Bath Industry Show (KBIS), which is held annually in conjunction with the National Kitchen and Bath Association (NKBA).
Electrification is often presented as a strategy for reducing carbon emissions, but the truth is, it’s not practical to rely on electricity alone because no single energy source can solve the long-term challenges we face.
Supply chain issues and material shortages temper industry’s outlook despite continued strong market.
December 13, 2021
While the overall kitchen and bath industry continues to show healthy growth for the year, the overall index is down 4% quarter over quarter as lingering issues caused by the pandemic seem to be catching up to consumer sentiment. Despite this, the industry is coming off of a record-breaking quarter of growth in Q2, which has fueled projections for the year at around 12% growth in sales year-over-year, with many members still encouraged about future growth in 2022.
NKBA Report finds cleanliness, sustainability and universal designs will be hot trends of 2022.
November 22, 2021
The National Kitchen & Bath Association (NKBA) released its annual Design Trends report. The 2022 study, a deep dive into all aspects of both kitchen and primary bathroom design, forecasts the styles, features, materials and innovations expected to be most popular over the next two to three years. The current study finds that the COVID-19 pandemic has accelerated consumer interest in and adoption of key trends in their homes such as integration of smart technology, multi-functional spaces and natural and nature-based designs.
Group reports 34% increase in first nine months of 2021.
November 1, 2021
AD is reporting member sales in the first nine months of 2021 were $44 billion, an increase of 34% across its 13 divisions and three countries. Same-store sales were up 19%. Member companies’ purchases from AD supplier partners grew 31%. Net distributions to its members were up 41%.
With government regulations constantly decreasing the amount of water used in every flush, it’s no wonder that low-flow toilets are getting more and more popular, especially those with the WaterSense certification.
Reaching 100 years is quite a milestone for any business, let alone for a family plumbing business. Especially when you consider the average lifespan for a family-owned business is 24 years, according to Cornell University’s SC Johnson School of Business.