Plumbing in an enormous industry here in Australia. Plumbers in Adelaide are fast becoming the breadwinners of many families in South Australia. “From unclogging drains to the installation of high-pressure industrial steam pipes, operators in the Plumbing Services industry are required in the day-to-day lives of all Australians,” reports The Australian Business Information Service ABIS.
In a Market Research Report by IBIS World Plumbing Services, the latest in industry statistics and trends are depicted, allowing us to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.
Plumbing Services in Australia: Market Research Report outlines some key characteristics on the industry. “The Plumbing Services industry has shown resilience through variable demand conditions since the late 2000s.” Like most other industries, “The onset of the global financial crisis dampened consumer and business confidence, which drove down investment into housing and commercial buildings and affected demand for plumbing installation services. Demand for residential building construction is projected to climb at an annualised 1.1 per cent over the five years through 2013-14. Meanwhile, the commercial and industrial building market is projected to contract at an annualised 4.3 per cent over the past five years, significantly dampening demand for the installation of plumbing fixtures and fittings on new buildings.”
The Plumbing Services industry is estimated to allocate $9.78 towards labour input costs for every $1.00 spent on capital equipment. The industry also allocates a substantial share of revenue to the payment of subcontracted labor (about 13.5% in 2013-14), which if included, as direct labor payments, would further inflate the labor costs to depreciation ratio.According to the report, the plumbing industry makes $12 billion in revenue, with 50,000 persons employed spanning 25,650 businesses. From 2009 to 2014, the industry’s annual growth was at 0.8 per cent.
The article Australia’s most wanted jobs: tech heads, health staff and plumbers, published on 4 January 2014 in News.com.au, depicts the promising enterprise for plumbers in Australia. Plumbing Trades Employees Union spokesperson Paddy McCrudden stated, "If you are unemployed as a plumber in Australia there must be something wrong; you've either got a bad work ethic or are charging too much." The article goes on to iterate that plumbers will always have work in Australia. Mr McCrudden said plumbers are fast becoming the ‘dad's army’ of the Australian workforce, with an average age of 55 (the workforce average is 39). He also estimates one in ten plumbers are foreigners, a sign that the work is there but there is not enough workers.
The Australian Plumbing magazine is the leading publication for the industry. They provide loads of information on plumbing innovation, work, and equipment and is a great way to stay in touch with the community. If you are a professional plumber or simply enjoy the trade, then get involved today.
You can find out more about starting your own plumbing or draining business by looking at industry guides and statistics from your Local Government websites. Despite this, searching blindly online can be highly frustrating and may sometimes prove fruitless. If you would like to talk to a plumber in Adelaide, give Best Plumbers and Maintenance a call on 0411 783 681 or visit their website http://bestplumbing.com.au/.
In a Market Research Report by IBIS World Plumbing Services, the latest in industry statistics and trends are depicted, allowing us to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.
Plumbing Services in Australia: Market Research Report outlines some key characteristics on the industry. “The Plumbing Services industry has shown resilience through variable demand conditions since the late 2000s.” Like most other industries, “The onset of the global financial crisis dampened consumer and business confidence, which drove down investment into housing and commercial buildings and affected demand for plumbing installation services. Demand for residential building construction is projected to climb at an annualised 1.1 per cent over the five years through 2013-14. Meanwhile, the commercial and industrial building market is projected to contract at an annualised 4.3 per cent over the past five years, significantly dampening demand for the installation of plumbing fixtures and fittings on new buildings.”
The Plumbing Services industry is estimated to allocate $9.78 towards labour input costs for every $1.00 spent on capital equipment. The industry also allocates a substantial share of revenue to the payment of subcontracted labor (about 13.5% in 2013-14), which if included, as direct labor payments, would further inflate the labor costs to depreciation ratio.According to the report, the plumbing industry makes $12 billion in revenue, with 50,000 persons employed spanning 25,650 businesses. From 2009 to 2014, the industry’s annual growth was at 0.8 per cent.
The article Australia’s most wanted jobs: tech heads, health staff and plumbers, published on 4 January 2014 in News.com.au, depicts the promising enterprise for plumbers in Australia. Plumbing Trades Employees Union spokesperson Paddy McCrudden stated, "If you are unemployed as a plumber in Australia there must be something wrong; you've either got a bad work ethic or are charging too much." The article goes on to iterate that plumbers will always have work in Australia. Mr McCrudden said plumbers are fast becoming the ‘dad's army’ of the Australian workforce, with an average age of 55 (the workforce average is 39). He also estimates one in ten plumbers are foreigners, a sign that the work is there but there is not enough workers.
The Australian Plumbing magazine is the leading publication for the industry. They provide loads of information on plumbing innovation, work, and equipment and is a great way to stay in touch with the community. If you are a professional plumber or simply enjoy the trade, then get involved today.
You can find out more about starting your own plumbing or draining business by looking at industry guides and statistics from your Local Government websites. Despite this, searching blindly online can be highly frustrating and may sometimes prove fruitless. If you would like to talk to a plumber in Adelaide, give Best Plumbers and Maintenance a call on 0411 783 681 or visit their website http://bestplumbing.com.au/.
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