The plumbing market - Italy (2024)

1.2 The global market

Starting from a value of $**.* billion in ****, steady growth is observed, with the market reaching $**.** billion in **** and $**.** billion in ****. The trend continues with gradual increases, touching **.* billion in ****, **.** billion in ****, and **.** billion in ****.

In ****, the market value reaches **.** billion, and finally, it is expected to reach $**.** billion in ****. Overall, the market grows by about **.* percent during the period analyzed, with an estimated compound annual growth rate (***) of *.* percent. Plumbing and plumbing fixtures market World, ****-****, in billions of dollars Source: ****

There are few factors that positively influence the market and drive this sustained growth. The growth of urbanization and changing consumer lifestyles have a direct impact on construction, which is one of the main end consumers of plumbing services. In fact, *.* billion more people are expected to live in cities by ****. The increase in quality of life and disposable income also likely means that consumers will be more likely to spend more in this market and its products. The recent rise of smart homes, which is expected to grow at a rapid pace, will also provide a boost to this market, particularly in the installation of modern showers, bathtubs, sinks, toilets, and faucets

The market is quite fragmented in terms ...

1.3 The European market

in ****, the European market is worth **.* billion and grows to ** billion in ****. We see an overall increase of **.* percent during the period, with moderate and gradual growth year after year.

Comparing these figures with the global plumbing market, we note that European growth is more subdued than the world market. In fact, the latter shows an increase of **.* percent over the same period (***), Europe represents a smaller portion, showing a slower growth dynamic than the global trend.

Value of the European plumbing market Europe,****-****, Billions of dollars KBM Research; Research and Markets

1.4 The Italian Market

In this section we analyze the plumbing market trend by considering the turnover trends of companies operating in the sector. Initially we consider Ateco code **.**, to which belong from freelance plumbers to large plumbing companies. Next we analyze Ateco code **.**, to which plumbing construction companies belong. Plumbing installation: In ****, turnover was **.** billion, slightly increased in **** to **.** billion. In ****, turnover was almost unchanged, reaching **.** billion. In ****, significant growth is observed with turnover rising to **.** billion, followed by a further sharp increase in ****, when it reached **.** billion. For the years **** and ****, an estimate was made with the industry's European annual growth rate of *.* percent. Turnover of companies involved in Plumbing, Heating and Air Conditioning Installation Italy,****-****, Millions Istat;Companies Register

Plumbing Construction:

From **** to ****, turnover remained essentially stable, fluctuating between *.** billion and *.** billion. In ****, there was a slight increase, reaching *.** billion, followed by a more pronounced increase in ****, with a turnover of *.** billion.

In ****, significant revenue growth is observed, reaching *.* billion.

Turnover of companies involved in Construction of hydraulic works Italy, ****-****,million Istat;Companies Register

1.5 Import and Export

Since there is no single code that represents the entire hydraulics market, we chose to analyze several customs codes (***) to provide a comprehensive view of the most relevant segments within this sector. The import and export of liquid pumps, hydraulic actuators, taps and valves reflect dynamics crucial to understanding Italy's position in the global hydraulics market. This multi-sector analysis allows us to capture the nuances and complexity of a sector that involves multiple products and technologies, thus offering a ***-degree view of its main components and international competitiveness.

Liquid pumps:

the import and export of liquid pumps (***) are key to the Italian hydraulic sector, reflecting Italy's role as both a producer and consumer of hydraulic technologies. Exports demonstrate the country's competitive ability in international markets, while imports indicate domestic demand for specialized equipment not produced locally or at lower cost abroad.

exports remain consistently higher than imports. In ****, Italy exported $*.* billion, compared to $*.* billion in imports, with a coverage rate of *.*. This dynamic has been maintained over time: exports grew to *.* billion in ****, peaking at *.* billion in ****. In ****, imports reached *.** billion, still remaining lower than exports, with a coverage rate of *.*, down slightly from the past.

Import and Export of (***) HS ...

2.1 The demand for the plumbing industry in italy

In ****, the average expenditure was ** euros, while in **** it increased slightly to ** euros. This represents a *% growth in one year. The increase in spending could indicate a greater demand for maintenance services or an increase in the costs associated with these services.

Average monthly household expenditure (***) on home repair and maintenance services Italy,****-****,current euros Istat;Istat Plumbers in civil construction Italy,****,scale *-* Professions Demand Drivers The main drivers of demand for the plumbing sector in Italy are multiple and stem from economic, demographic and technological factors. Building renovations and energy upgrades, incentivized by government policies such as the Superbonus, have stimulated the modernization of plumbing systems, promoting more efficient and sustainable solutions, such as environmentally friendly heating and air conditioning systems. Increasing awareness of sustainability has increased the demand for advanced plumbing systems geared toward reducing water waste and reusing resources, such as rainwater harvesting and smart irrigation systems. Increasing urbanization and real estate development, especially in large cities, have fueled the demand for new installations, both residential and commercial. At the same time, the aging housing stock has led to a need for increased maintenance and safety of plumbing systems, resulting in an increase in repair and ...

2.2 Demand in terms of production

We also wanted to analyze the demand of the plumbing market from the perspective of production in order to get a more complete view of the industry. The production sold of ball and plug taps in Italy peaked in ****, reaching *.* billion, almost doubling compared to previous years. From **** onward, a continuous decline is observed: from *.*** billion in ****, it drops to *.*** billion in ****, down to *.*** billion in ****. Overall, between **** and ****, production sold declined by **.* percent.

Production sold - m.ia of Ball and Plug Taps Italy,****-****, Millions Istat

Production sold of tap and valve parts in Italy shows significant overall growth from **** to ****, rising from *.** billion euros to *.* billion euros, an increase of **%. After a decline in ****, when production drops to *.*** billion, there is a steady recovery: from *.** billion in **** to *.* billion in ****, culminating in a high of *.* billion in ****. Production sold - m.ia of Parts of taps and valves Italia,****-****,milioni Istat Production sold of other sanitary fittings, mixers and mitigators in Italy declined overall between **** and ****, from *** million euros to *** million, a decrease of **.* percent. After an increase in ****, which brought the value to *** million, production fell steadily in the following three years, registering the lowest value ...

2.3 Geographical distribution of demand

We decided to break down the geographic distribution of average spending to highlight differences between the purchase of equipment and materials for home repair and maintenance versus services. This approach provides a better understanding of how Italian households allocate different resources based on their geographic location.

A comparison of Italian regions shows that the Northwest has the highest spending, with an average of *.** euros per month. This is followed by the Center with *.** euros, and the Northeast with *.* euros. The Islands stand at an average of *.** euros, while the South shows the lowest spending at *.** euros.

The geographical distribution shows that the Northeast has the highest spending, with **.* euros per month. The Northwest follows with **.** euros, while the Center stands at **.** euros. The Islands show an average expenditure of **.** euros, while the South has the lowest value at **.** euros.

2.4 Online interest in "plumbing"

a regular fluctuation of interest is observed, with recurring peaks and troughs.

The highest peaks occur in December **** with a value of **.** and in October **** with **.**, highlighting periods of increased attention. In contrast, the most significant declines occur in April **** with **.* and December **** with **, suggesting a reduction in searches in those months. Interest seems to follow an annual cycle, with a general upward trend in the last quarter of ****.

Trend of online interest in the topic "Hydraulics" Italy,****-****,Google Trends Index Google Trends

The map represents online interest in the term "hydraulics" in Italy in ****, measured by the number of searches performed and normalized on a scale of ** to ***. Sardinia stands out with the highest value of ***, followed by Liguria with ** and Veneto with **. Other regions with high interest include Piedmont (***). Friuli-Venezia Giulia, Tuscany and Emilia-Romagna show slightly lower values, between ** and **.

Regions such as Lazio and Abruzzo are in the middle range with **, while Molise, Valle d'Aosta, Marche, Puglia and Basilicata record an interest of **. Areas with the lowest interest include Campania and Trentino-Alto Adige/Südtirol, both of which are at the lowest value of **.

This distribution shows greater interest in hydraulics in island and northern Italian regions, ...

3.1 Market structure

Number of businesses:

In ****, there were **,*** enterprises, followed by a decline in **** to **,***. In ****, the number of enterprises rose slightly to **,***, maintaining a stable trend in **** with **,*** enterprises. In ****, the number remained similar at **,***, declining again in **** to **,***.

Plumbing, Heating and Air Conditioning Installation enterprises Italia,****-****,migliaia Istat

Employment: In ****, there were ***,*** employed, followed by a slight increase in ****, with ***,*** employed. In ****, the number increased further to ***,***. In ****, a more significant increase was observed, with ***,*** employed, and in ****, the number exceeded ***,***, reaching ***,***. In ****, the number of employed people increased again, reaching ***,***. This graph shows a steady growth in the number of workers in the sector, with an increase of **.* percent between **** and ****, reflecting the increased demand for services related to plumbing, heating, and air conditioning. Employment in the Plumbing, Heating and Air Conditioning Installation sector Italia,****-****,Migliaia Istat;Companies Register Legal form of enterprises: The table shows the distribution of different legal forms of enterprises in Italy from **** to ****, expressed in thousands. The categories include: sole proprietors, general partnerships, limited partnerships, joint stock companies, limited liability companies, cooperatives and other business forms. During the period analyzed, the number of sole proprietors, freelancers and self-employed persons decreased from **,*** in **** to ...

3.2 Construction of hydraulic works

from **** to ****, the number of enterprises remained relatively stable, fluctuating between *** and *** enterprises. In ****, there were *** enterprises, followed by a slight increase in **** (***). In ****, the number rose again to ***, and then declined slightly in **** to ***.

Water works construction companies Italy, ****-****,hundreds Istat;Companies Register

in ****, the sector employed *,*** people, increasing in **** to *,***. In ****, the number of employed remained stable, with a slight decrease to *,***. Starting in ****, a recovery is observed, with the number of employed rising to *,*** and growing further in ****, reaching *,***. In ****, the sector has *,*** employees, marking the highest level in the period analyzed. This trend shows continued growth in employment in the sector, with a ** percent increase between **** and ****. Employment in the Water Works Construction sector Italy, ****-****,thousands Istat;Companies Register In ****, there were ** sole proprietorships, a number that grew to ** in **** and then dropped to ** in ****. General partnerships, starting at ** in ****, have steadily declined to ** in ****. Limited partnerships remained stable with slight changes, staying between ** and ** firms during the period. Limited liability companies (***) show an increasing trend, starting at *** in **** and reaching *** in ****, indicating an increasing preference for this legal form. Cooperatives, on the other hand, fluctuate between * and * units, remaining a more limited component. Finally, ...

3.3 Major players in the Italian market ATECO (43.22.01)

Impianti SpA

Impianti SpA was founded with the aim of providing integrated technological solutions in the field of electrical, plumbing, thermal and air conditioning systems. Over the years, it has established itself as a point of reference for the design and implementation of systems intended for large infrastructures, including commercial buildings, hospitals, airports, high-end industrial and residential facilities.

Gianni Benvenuto Spa

Gianni Benvenuto Spa, founded in ****, is an Italian company specializing in the design, construction and management of technological systems, with a focus on plumbing and thermal hydraulics. Located in Como, the company is mainly active in the construction and maintenance of systems for civil, industrial and hospital buildings.The company's core business is plumbing, thermohydraulic, air conditioning and ventilation systems. Gianni Benvenuto Spa has built a solid reputation for its ability to adapt to customers' needs and provide innovative and customized solutions. Its services extend from the initial design to the operation and maintenance of installations, with a strong emphasis on energy efficiency and sustainability

G.D.L. Spa

Founded in ****, G.D.L. Spa is an Italian company specializing in the management of thermal and plumbing systems. Located in Turin, G.D.L. has established itself as a leading ...

3.4 The Main Market Players ATECO (42.91)

N.V. Besix S.A.

Founded in ****, BESIX is a leading global construction company headquartered in Brussels. it is active in numerous sectors including infrastructure, civil construction and environmental engineering. Among its most famous projects, BESIX has built the Burj Khalifa in Dubai and is involved in innovative projects such as renewable hydrogen production in Belgium. The company stands out for its expertise in the use of cutting-edge technologies such as *D printing

Fincosit Srl

Fincosit specializes in the construction of marine infrastructure, port and coastal defense works. The company focuses on projects that require advanced engineering solutions, with long experience in the construction of docks, piers and dams.

Rhama Port Hub Srl

This company operates in the port logistics sector and provides services related to cargo handling and infrastructure development in Italian ports.

Nuova Co.Ed.Mar. Srl

this is a company active in the maritime and infrastructure sector, specializing in dredging and reclamation works, mainly in Italian ports. The company is also involved in coastal defense works.

Società Italiana Dragaggi Spa

this is one of the leading dredging companies in Italy, specializing in interventions to keep ports and waterways navigable. The company is involved in major projects to expand ...

3.5 The value chain

The value chain in the plumbing industry is complex and includes several stages, each of which contributes to the final value of the product. It starts with the extraction and processing of raw materials, such as steel, copper, and plastic, which are used to produce hydraulic components such as pipes, pumps, fittings, and valves. These materials are then transformed at the production stage through advanced engineering and automation processes, which enable the creation of high-precision, high-quality components. Next, products are distributed through a network of suppliers, distributors, and wholesale and retail dealers, ensuring market availability. Logistics is crucial at this stage to keep costs low and ensure quick delivery times. Specialist installers play a key role, ensuring the proper installation and integration of plumbing systems in residential, commercial and industrial buildings. The added value also extends to after-sales maintenance and technical support services, which ensure the long life and operational efficiency of the systems. Technological innovations such as automation, IoT systems, and water-saving solutions are also redefining the value chain, creating new opportunities for the integration of smart and sustainable systems.

3.6 Focus: Plumber's profession

we decided to devote a section of our research to the plumbing profession because we believe it is a key component to the overall effectiveness of our study. Delving deeper into this area provides a better understanding of the skills required, technological changes, and sustainability trends affecting the industry. This focus makes our research more realistic and in line with current labor market challenges, adding value to our analysis and forecasts.

"Others" account for ** percent of the sample, while "Youth" make up the remaining ** percent. This visualization highlights that most of the population analyzed belongs to the "Others" category, while "Youth" make up a smaller slice.

Age Italy,****,percentage UNIONCAMERE The largest percentage concerns "Professional Experience," which makes up **.* percent of the total. This is followed by "Experience in the same field," with **.* percent, and "Generic work experience" with **.* percent. Finally, **.*% of the jobs do not require any specific experience. Experience Italy,****,percent UNIONCAMERE the majority of positions are for males, who make up **.*% of the total. Females, on the other hand, make up **.* percent, while only *.* percent of roles are considered equally suitable for both genders. Gender Italy,****,percentage UNIONCAMERE

the main cause, indicated by **.*%, is the lack of ...

4.1 Prices of plumbing services

the plumbing market in Italy has experienced a steady increase in prices in recent years, reflecting various factors, including inflation, increasing demand for plumbing services, and rising costs of materials and labor. This trend has a direct impact on both households and businesses in need of plumbing, heating and air conditioning services. Monitoring price trends is critical to understanding the economic dynamics of the industry and anticipating any fluctuations.

The graph shows the annual consumer price index for plumbing services in Italy from **** to ****, with base ****=***. In ****, the index stood at ***.*, showing a slight increase to ***.* in ****. In ****, the index increased further to ***.*. From **** onward, more accelerated growth is observed, with the index reaching ***.*. In ****, the increase continues, taking the index to ***.*, reaching ***.* in ****.

Annual consumer price index for the entire plumbing services community Italia,****-****,indice:(***) Istat

in order to offer a more precise analysis of price trends in the plumbing sector, I decided to also include monthly data, which allows changes to be tracked in greater detail than the annual trend. in September ****, the price index was ***.*. In the following months, a steady but moderate increase is observed, with the index gradually rising to ***.* in October and ***.* in January ...

4.2 Average prices of major products used in the plumbing industry

To fully understand the dynamics of prices in the plumbing market, it is essential to analyze the cost of the most widely used products. These prices directly influence both the cost of plumbing services and the performance of the market in general, as they affect business expenses and the final price for consumers.

The tables show the average prices of several key plumbing products. Polyethylene pipes, for example, range from €*.** per meter for ** mm diameter pipes to €**.** for *** mm pipes. Polyethylene fittings have an average cost of **.** €, while electrofusion fittings stand at **.** € for ** mm diameter.

As for components such as valves and gate valves, the average brass ball valve costs €**.**, while ductile iron gate valves range from €**.** to €***.**, depending on size.

Among PVC fittings, **-mm pipeline pipe is priced at €**.** per meter, while ***-mm pipe goes up to €**.**. PVC fittings also have a significant cost, with prices ranging around **.** € per meter.

Bolarino.com

4.3 New trends and technologies le field of hydraulics

In ****, the plumbing industry is being traversed by several innovative trends that aim to improve efficiency, sustainability, and overall performance. One of the main innovations involves the adoption of smart hydraulic systems, which integrate sensors and IoT connectivity. These systems enable real-time monitoring and predictive maintenance, reducing the risk of failure and optimizing operational performance. This technology is becoming crucial for applications in sectors such as heavy industry, agriculture, and FullBlastHydraulics construction .

Another important trend is environmentally friendly solutions. The hydraulics industry is adopting biodegradable fluids and energy-efficient designs to reduce environmental impact. Regenerative systems are also on the rise, enabling energy recovery and reducing resource consumption Brennan.

In addition, miniaturization of hydraulic components allows the creation of more compact systems while maintaining high power levels. This trend is particularly relevant for applications in tight spaces, such as in aerospace and FullBlastHydraulics robotics.

In the field of materials, there is an increase in the use of advanced materials such as lightweight alloys and graphene-based compounds, which improve the durability and strength of hydraulic components, making them more efficient and durable even under extreme conditionsHydraulicsHoses.

Finally, human-machine collaboration, through the use of collaborative robots (***), is improving safety and precision in hydraulic operations, ...

5.1 Regulations

There are a number of decrees, laws, regulations, and rules affecting plumbers and plumbing services.

Technical and professional requirements of the contractor or technical manager

*) Specific technical diploma: a degree in engineering, architecture or physics. *) Upper secondary school diploma: industrial expert diplomas issued by I.T.I. (***)

Companies or individuals intending to carry out all or part of the activities of installation, expansion and maintenance (***) must submit a declaration of commencement of activity, indicating the relevant items for which they can be qualified, the so-called "letters" indicating the possession of the technical and professional requirements by the company, according to its duties resulting from the Chamber of Commerce register.

The following is a non-exhaustive list of plumbing legislation:

Ministerial Decree of May **, **** Supplementary regulations to the regulations approved by Royal Decree No. *** of May **, ****, and provisions for exemption from certain inspections and tests established for pressure equipment Ministerial Decree of December *, **** Safety standards for equipment containing hot liquids under pressure Decree of October **, **** Safety prescriptions for the use of gas appliances, operating without external exhaust of combustion products Ministerial Decree of March **, **** Safety standards for the design, construction, installation and operation of LPG storage facilities with a total capacity not ...

6.1 Segmentation

• Aflutec S.R.L
• Antonacci Termoidraulica
• Gobbi Impianti
• Tecnomat
• Bricofer
• SIRAM S.P.A
• Impianti Spa
• Iren Energia Spa