Online plumbing product sales set to rise by over 40% by 2022

Fri Jul 06 10:36:52 CST 2018 Source: coowor.com Collect Reading Volume: 933
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Online sales of plumbing products in the UK are set to increase by 43% by 2022, according to new research from AMA Research.

The company found that the internet is the fastest growing channel of the overall UK plumbing and heating products market and has experienced strong growth levels in the last 5-7 years. In 2017 alone, the UK internet plumbing market is estimated to have increased by 17% in value terms. However, forecasts indicate that the pace of growth is gradually slowing down over the course of the review period. This change of pace can be partly attributed to market saturation of internet users and fewer new suppliers entering the market.

Despite the current uncertain economic climate with the UK’s departure from the EU, the UK internet plumbing and heating distribution market has continued to grow. With strong demand driven by lower prices and added convenience, internet retailers have been able to capitalise on changing consumer cross-channel shopping habits with a notable shift towards online purchases. Own-label products sold on the internet are performing particularly well.

Shower controls and bathroom taps represent the largest sector of the internet plumbing market with a share of around 23%, followed by bathroom furniture and accessories, baths and sanitaryware, heating products such as boilers and standard radiators and shower enclosures, screens, trays and wetroom products. Towel warmers and decorative radiators account for a much smaller share of the total market.

“Factors such as improved delivery/collection options, the growing range of products available online, along with technological improvements should drive internet sales of plumbing products.” said Hayley Thornley, Market Research Manager at AMA Research.

Editor: Nina Li