COVID-19 had many widespread impacts to just about every product category and industry — the plumbing industry included. One of the most interesting market shifts was how the toilet paper shortage at the start of the pandemic spurred sales of bidet toilet seats in the U.S. market.
Upgrading restrooms to be hands-free adds exponential value for business owners, and plumbing franchises have the mass infrastructure and support necessary to provide businesses with these upgrades and the promotional materials that will help them bring in more customers.
PMI’s efforts to have plumbing manufacturers designated as essential businesses by the federal government were successful, allowing PMI member companies to keep production lines moving, sustain employment, and contribute to the national effort against a deadly virus.
“Water quality has grown 300% across the U.S. since the pandemic began,” says Glen Blavet, founder and CEO of HALO Water Systems. “People are at home, and they’re looking to improve their quality of life and their health, so they’re looking at the water they’re drinking out of the tap.”
Multifamily starts are expected to fall 11% this year to 349,000 units from a projected total of 392,000 in 2020. The downturn will be short-lived, as multifamily production is expected to post modest gains in 2022, up 5 percent to 365,000 units.