Continuing growth for water-saving plumbing products
Since 2013, the market for water-saving products has continued to rapidly increase after plateauing off between 2009 and 2012.
It’s estimated that the market was worth around £164m in 2013 and according to recent report by AMA Research demand has increasingly picked up with new house building and the growth in the economy.
Around 87% of the water-saving plumbing product markets are water efficient bathroom plumbing products whilst water recycling systems only accounted for 13% of the market.
There appears to be increasing understanding and knowledge surrounding these products, especially since all new homes built since 1990 has been fitted with a water metre.
AMA feels there is a significant opportunity for the market to start replacement older inefficient bathroom equipment such as toilets and showers.
AMA forecasts that by 2018 the market value will have grown to around £220m - 35% up on 2013.