The plumbing industry is set to increase nearly 3% in 2021 alone, according to recent reports outlining the future growth of the market in the United States. As our team at Benjamin Franklin Plumbing looks to explore what the market will look like in the future, we continue to watch the latest trends when it comes to the plumbing industry. With a $107 billion market size in 2021, the plumbing industry is ranked 5th in the overall construction industry by market size and the 98th largest in the United States.
If the coronavirus pandemic has proven anything, it’s reinforced the idea of the home service market, specifically the plumbing service sector, to be an essential business. Even during a worldwide pandemic, Benjamin Franklin Plumbing was able to continue operating under the approved CDC guidelines and local regulations, making our mark on what it means to be an essential business.
Every day, millions of home and business owners turn to local plumbing companies for a variety of services. From simple drain cleanings to more complex work, plumbing systems are never getting younger, meaning there will always be a need for professional support communities can rely on.
What Does This Mean for Plumbing Business Owners?
For current plumbing business owners, this is great news — if you have the right resources!
As one of the largest providers of plumbing services, Benjamin Franklin Plumbing has been able to help hundreds of businesses unlock their full potential using our proven tools and systems. We have become a household name that is easily recognizable, allowing smaller businesses to continue being locally owned and operated, but also benefiting from the trustworthy, authentic, and reliable brand we have built over time.
What Does This Mean for Entrepreneurs?
If you don’t own a business currently but have begun to research your options, Benjamin Franklin Plumbing presents a very attractive offer for entrepreneurs regardless of your previous experience. In fact, we’ve been named one of Entrepreneur Magazine’s top 500 franchise brands. With the growing plumbing industry, we provide you all the tools you need to succeed and take advantage of the plumbing industry growth.
With a turnkey solution, we provide you with all the training, tools, and ongoing support you need to not only start and grow your own business but also provide you with the opportunities needed to build your dream life. Instead of needing to operate the who business yourself, you can rely on our support teams and processes, allowing you to have more time to spend it however you’d like — on vacation or researching your next investment!
There’s No Time Like the Present
Whether you find yourself as the owner of your own plumbing business or exploring options, there’s no better time to reach out to our franchise development team! With proven operational tools, we’ll give you the blueprints and keys to unlock the success of your business and take advantage of the plumbing industry growth that has been predicted! Our dedication to supporting our franchisees and their dedication to providing quality plumbing services have made Benjamin Franklin a trusted name across the nation — it’s time you benefitted from it!