Plumbing and Hard FM Contractor Market Key Facts: An Industry Thriving Through Transformation

Our latest edition of the Plumbing and Hard FM Contractors Market Report UK 2024-2028 unveils a resilient and evolving market, showcasing a 30% growth since 2020 surpassing pre-pandemic values. With the construction sector playing a pivotal role, recent advances in reducing carbon emissions and embracing new technologies have significantly impacted the market dynamics.
To celebrate the latest edition of the report, we’ve compiled 5 key insights into the market.
5 Key Facts for Plumbing and Hard FM Contractors Market
The UK market for plumbing and hard FM contracting was valued at more than £26.3 billion in 2024, up by around 3% from the previous year and having risen by over 30% since 2020.
The plumbing contracting sector accounted for 79% of total market value in 2024, with hard FM services making up the remaining 21%.
Market growth remains heavily dependent upon construction output in the UK, which was valued at more than £197 billion in 2024.
Leading market drivers include the introduction of legislation aimed at accelerating the UK’s transition to a net zero economy and improving energy efficiency, as well as the widespread deployment of various technological innovations.
Between 2024 and 2028, annual growth in market value is expected to average 3-4%, reaching over £30 billion.
Growth in the Plumbing and Hard FM Contractors Market
As we look towards trends leading up to 2028, the plumbing contracting sector remains dominant, yet the hard FM sector is poised for notable growth.
The ongoing transition towards a net zero economy and the integration of AI and other innovative technologies highlights the industry’s forward-looking approach. Despite challenges, including political uncertainty and a skilled labour shortage, the market is expected to reach over £30 billion by 2028, reflecting robust annual growth.
Our latest edition of the Plumbing and Hard FM Contractors Market Report underscores the transformative journey and future prospects of the UK’s construction and facilities management landscape.
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Plumbing and Hard FM Contractors Market Report – UK 2024-2028
The 2nd edition of the Plumbing and Hard FM Contractors Market Report – UK 2024-2028 includes detailed insights into industry structure recent market trends, and future projections. Additionally, it provides comprehensive sup...