US SHIPMENTS OF PLUMBING FIXTURES & FITTINGS TO REACH OVER $9 BILLION IN 2004.
Plumbing fixture shipments are expected to approach $4.5 billion in 2004 on annual increases of 3.5 percent. The value of plumbing fixture shipments will advance more rapidly than unit growth, driven by gains in high-value fixtures appealing to higher income consumers. In particular, bathtub and shower shipments will be aided by growth in whirlpool baths and in integrated shower systems. Many of these fixtures are made from plastics, helping to boost shipments of plastic plumbing fixtures nearly five percent per year, faster than those of any other material.
Plumbing fittings shipments are projected to increase 2.4 percent per annum through 2004 to $4.7 billion. Bathtub and shower fittings offer the best growth prospects, buoyed by remodeling expenditures on bathrooms and trends toward extra fixtures. Retrofit installations of pressure-balanced and thermostatic control valves will aid demand for these fittings. An increased assortment of antitarnish finishes and coordinated sets of fittings and accessories will encourage replacement demand among fashion-conscious residential consumers.
PLUMBING PRODUCT SUPPLY & DEMAND (Million dollars) Item % Annual Growth 1994 1999 2004 99/94 04/99 Plumbing Products Shipments 6141 7967 9200 5.3 2.9 Plumbing Fittings 3188 4179 4710 5.6 2.4 Plumbing Fixtures 2953 3788 4490 5.1 3.5 Plumbing Products Demand 6302 8623 10200 6.5 3.4
Plumbing Fixtures & Fittings (published 10/2000, 256 pages)is available for $3,700 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH 44143-2326. For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 646.0484 or e-mail email@example.com. Full text is also available online through commercial database companies and the www.freedoniagroup.com Web site.
Please attribute information from this news release to The Freedonia Group (Cleveland, OH) and include, if possible, the price of the report. We would also appreciate a copy of the article or publication in which we appear.
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|Comment:||US SHIPMENTS OF PLUMBING FIXTURES & FITTINGS TO REACH OVER $9 BILLION IN 2004.|
|Publication:||Research Studies - Freedonia Group|
|Date:||Oct 23, 2000|
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