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12

PLUMBING CONNECTION

WINTER 2015

INDUSTRY NEWS

WORLD DEMAND FOR PLUMBING TO

EXCEED $70 BILLION IN 2018

Through 2018, global demand for

plumbing fixtures and fittings is

projected to advance 5.3% annually

to over $70 billion, accelerating

from the 2008-2013 pace. In lower

income countries, including many in

the Asia/Pacific and Africa/Mideast

regions, continued strong increases

in building construction spending

and rising personal income levels

will support growth. In a number of

West European countries and the

US, expected rebounds in building

construction spending will drive

demand for plumbing products. These

and other trends are presented in

World Plumbing, a new study from The

Freedonia Group, Inc., a Cleveland-

based industry market research firm.

The Asia/Pacific region will

post the fastest overall growth

in plumbing products demand.

According to analyst Allison

Blackburn, “Even with an expected

deceleration in demand, China alone

will account for over one-third of the

increase in global plumbing products

demand generated between 2013

and 2018.”

China’s vast population makes

infrastructure and sewage system

development a necessity, and

therefore new homes are constantly

being connected to water delivery

systems. These systems are

reaching previously unserved areas,

thereby creating new customers and

generating demand for plumbing

products. Other industrializing

countries in Asia, such as India and

Indonesia, and in the Africa/Mideast

region will also contribute to overall

demand gains.

North America is also expected

to post significant gains in demand

for plumbing fixtures and fittings. A

rebound in the US housing market

will be the primary driver of gains.

Accelerating building construction

activity in Canada and recovering

building construction spending

in Mexico will also contribute to

demand growth in North America.

Western Europe is expected to

post the slowest gains in plumbing

products demand through 2018.

The region’s mature building

infrastructure and slow population

growth have combined to limit

building construction activity,

restricting plumbing products

gains. While construction spending

in Western Europe is forecast to

grow at the slowest rate globally, it

will nonetheless reflect a recovery

from a low 2013 base. As a result,

plumbing products demand growth

in the region is forecast to reverse

the declines experienced during the

2008-2013 period.

REAL MEN ALSOWEAR BLUE…

The Prostate Cancer

Foundation of Australia

(PCFA) has recently

teamed up with RWW

Group to launch its

Blue Gear range of

safety workwear. A

dollar portion of the

proceeds from the

sale of each Blue

Gear safety workwear item will go

directly towards raising vital funds

and awareness about the dangers of

prostate cancer - the most commonly

diagnosed male cancer in Australia.

The Blue Gear workwear range

includes high-vis shirts, safety vests,

hard hats, polo shirts and various

other items. RWW Group supplies

safety wear for the mining, transport

and construction industries.

“Each day 54 men across Australia

are diagnosed with prostate cancer,”

says Associate Professor Anthony

Lowe, the CEO of the PCFA. “Sadly, it

kills nine men every single day.

“These are devastating statistics

which PCFA is determined to help

change. It is important to raise

awareness of this major men’s health

issue in the Australian community in

male-dominated industries such as

mining, transport and construction.

We hope these industries get behind

the Blue Gear and also use our

Ambassador speakers to educate

their employees and workmates.”

Anthony Firth, General Manager

of RWW Group adds “Aussie men in

male-dominated industries need our

support. Many will have been affected

by prostate cancer personally or know

someone who has. Getting behind

PCFA and the Blue Gear safety range

is a great, practical way to generate

vital funds and help raise awareness

of this male cancer killer.”

All Blue Gear items can be

purchased online at www.bluegear.

com.au

WORLD PLUMBING PRODUCTS DEMAND (BILLION DOLLARS)

Item

% Annual Growth

2008

2013

2018 2008-2013 2013-2018

Plumbing

Demand

50.0

54.4

70.5

1.7

5.3

North America

11.0

10.8

14.3

-0.3

5.7

Western Europe

12.6

10.4

12.0

-3.8

3.0

Asia/Pacific

15.8

22.4

30.7

7.2

6.5

Central & South

America

3.4

3.8

4.7

1.9

4.6

Eastern Europe

3.7

3.4

4.1

-1.8

3.7

Africa/Mideast

3.4

3.6

4.7

1.4

5.1