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Industry Insights

Plumbing & Trenchless Drain

Insight Overview

The plumbing industry is experiencing strong acquisition demand, supported by increasing consolidation activity and a fragmented market structure. The report indicates that private equity participation in plumbing transactions increased meaningfully between 2024 and 2025, while the U.S. plumbing market is projected to grow from $170 billion to $250 billion by 2034 as aging infrastructure drives demand.

For privately held operators, businesses may be better positioned when they generate recurring revenue through maintenance agreements, maintain diversified customer bases, employ licensed and cross-trained technicians, and operate with established management teams rather than owner dependence. The report also highlights growing adoption of smart technologies, digital customer engagement tools, and operational systems that can improve efficiency and scalability. Demand for trenchless and drain-related services, combined with infrastructure-driven growth, may continue to support buyer interest. The report can help owners understand industry consolidation trends, growth drivers, and operational characteristics that may strengthen business attractiveness.

Download the full industry insights report to learn more.
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