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Plumbing Fittings & Fixtures Market: 5 Factors Influencing Price

Residential plumbing fittings and fixtures market demand in the U.S. was negatively impacted in the back half of 2022 by the rapid rise in interest rates which impacted home affordability. The softened volumes induced channel partners to destock and alter their inventory strategies towards the close of 2022. Product destocking so far has occurred more readily within wholesale channels as compared to retail.