The plumbing market - Spain

Plumbing covers all the activities involved in ensuring the proper circulation of fluids in buildings, in particular through the use of pipes. There are several types of activity, depending on the type of building (residential, commercial, industrial, etc.), with a second distinction between new and old. New buildings require the installation of plumbing systems, while older buildings are more suited to maintenance and renovation work. Worldwide, the plumbing market is enjoying solid growth, driven by several factors. -on the one hand, the world's growing population is mechanically driving greater demand for this type of installation. -secondly, the market for new housing and construction in general is booming worldwide, boosting demand for plumbing in new homes. -finally, as the existing housing stock grows steadily, the need for maintenance and renovation increases proportionately, all the more so as some countries are implementing proactive policies to reduce the energy consumption of housing. In Spain, the plumbing market reached its peak in 2008. Driven by an overheating real estate market, demand for plumbing exploded across the peninsula. After years of decline, the market has rebounded over the period 2013-2021 with a return to growth in the sector. Leading companies in the Spanish market include:Giroa SA, Arce Clima Sistemas y Aplicaciones and Remica Servicios Energéticos SA. Today, the plumbing profession is one of those under pressure, with job vacancies outstripping demand.