Overview and Scope
The bathroom products are specifically designed for use in the bathroom. The bathroom products are the items that are specifically designed for use in a bathroom which include hand basins, taps, towel racks, and trash cans. Bathroom Products also include bathroom fittings that are intended to be used in the bathroom including a sink, toilet, shower, bathtub, and bidet.
Sizing and Forecast
The bathroom products market size has grown rapidly in recent years. It will grow from $109.53 billion in 2023 to $122.26 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to rise in urbanization, changing lifestyles, influence of interior design, consumer health awareness, real estate development, economic growth.
The bathroom products market size is expected to see rapid growth in the next few years. It will grow to $189.37 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to smart home integration, water conservation initiatives, aesthetic preferences, global health concerns, e-commerce growth, smart water management. Major trends in the forecast period include smart bathroom products, water-conserving fixtures, customization and personalization, environmentally friendly materials, innovations in toilet technology, e-commerce and online retailing.
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Segmentation & Regional Insights
The bathroom products market covered in this report is segmented –
1) By Type: Bathroom Basin, Bathroom Furniture, Bathroom Accessories
2) By Distribution Channel: Online, Offline
3) By Application: Residential, Commercial, Institutional, Other Applications
North America and Europe are the largest regions in the bathroom products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bathroom products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increase in urbanization across the globe is expected to increase the demand for bathroom products market in the coming years. Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam, and the Philippines which are becoming increasingly popular for export-oriented manufacturing. For instance, according to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2030. The modern infrastructure facilities require products such as bathroom basins, bathroom vanities or cabins, and others to be installed in commercial and residential buildings during construction. An increase in urbanization increases the construction of building for residential or commercial purposes and this, in turn, drives the growth of the bathroom products market.
Key Industry Players
Major companies operating in the bathroom products market report are Illinois Tool Works Inc., LIXIL Corporation, Kohler Co., TOTO Ltd., Roca Sanitario S.A., American Woodmark Corporation, Moen Incorporated, Villeroy & Boch Company, Huida Sanitary Ware Co. Ltd., Delta Faucet Company, Bemis Manufacturing Company, GWA Group Limited, Empire Industries Inc., Ginsey Home Solutions, Hamberger Sanitary, Sloan Valve Company, AmeriSink, Avanity Corporation, Bellaterra Home LLC, JSG Oceana, Felton Industries Ltd., Foreno Tapware, Athena Bathrooms, NZ Glass, Sussex Taps, Heirloom International Ltd., Robertson Bathware, Colston, The Chicago Faucet Company
The bathroom products market report table of contents includes:
1. Executive Summary
2. Bathroom Products Market Characteristics
3. Bathroom Products Market Trends And Strategies
4. Bathroom Products Market - Macro Economic Scenario
5. Global Bathroom Products Market Size and Growth
...
32. Global Bathroom Products Market Competitive Benchmarking
33. Global Bathroom Products Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Bathroom Products Market
35. Bathroom Products Market Future Outlook and Potential Analysis
36. Appendix
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