Kitchen Sinks Market By Material (Metal, Non-metal) , By Installation (Drop-in or Top Mount, Undermount, Farmhouse or Apron-Front, Others) By Bowl (Single, Double, Multiple) By End User (Residential, Commercial) : Global Opportunity Analysis and Industry Forecast, 2024-2034
Kitchen Sinks Market
The kitchen sinks market was valued at $3.6 billion in 2023 and is projected to reach $5.4 billion by 2034, growing at a CAGR of 3.9% from 2024 to 2034.
A kitchen sink is a plumbing fixture with taps for water supply that is installed on the kitchen countertop. The sink serves diverse purposes for day-to-day kitchen activities, including dishwashing, food preparation, and cleaning. Sinks are an essential part of any functional kitchen space as they help to maintain efficiency and hygiene. With visual appearance acquiring notable traction in kitchen spaces, sink has become a pivotal object for enhancing the aesthetic appeal.
Increase in urbanization and rise in construction of residential buildings is boosting the demand for kitchen sinks, driving the growth of the market. In addition, exponential growth in commercial kitchens due to increase in the establishment of restaurants and eateries is augmenting the development of the market. Furthermore, availability of sinks with diverse designs in different materials that cater to varying customer budgets propels the market growth. With the advent of ingenious technologies, the trend of designing smart sinks is acquiring traction in the market. These sinks come equipped with sensors and connectivity features, which facilitate different activities such as monitoring water usage or providing alerts in cases of damage.
However, the high costs associated with the installation and maintenance of smart kitchen sinks are projected to deter several budget-sensitive consumers from investing in them, thereby restraining the development of the market in the future. Moreover, the kitchen sinks market remains highly dynamic owing to frequently changing consumer preferences and sink designs, presenting notable challenges for the market players to adhere to the latest trends. On the contrary, with increasing popularity of cloud kitchens, online deliveries, and drive-through setups, the market is poised to witness several lucrative opportunities. The takeaway and delivery trend is enabling restaurant business-owners to invest considerably in an adequate kitchen setup with high-end furnishings such as sinks and cabinets, instead of focusing on building an appealing dining space. This trend is anticipated to open new avenues for the kitchen sinks market.
Segment ReviewThe kitchen sinks market is segmented into material, installation, bowl, end user, and region. On the basis of material, the market is bifurcated into metal and non-metal. Depending on installation, it is divided into drop-in or top mount, undermount, farmhouse or apron-front, and others. As per bowl, it is classified into single, double, and multiple. By end user, it is categorized into residential and commercial. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key FindingsOn the basis of material, the metal segment dominated the market in 2023.
Depending on installation, the farmhouse or apron-front segment acquired a high stake in the market in 2023.
As per bowl, the single segment was the highest shareholder in 2023.
By end user, the commercial segment held a high share of the market in 2023.Region wise, Asia-Pacific was the highest revenue generator in 2023.
Competition AnalysisThe major players of the global kitchen sinks market include Delta Faucet Company, Huida Sanitary Ware Co., Ltd, JULIEN INC., Duravit AG, Elkay Manufacturing Company, ROCA SANITARIO, S.A., S.A, ACRYSIL Ltd, House of Rohl, LLC, Kohler Co., and Franke Management AG. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.
Key Market SegmentsBy MaterialMetal
Non-metal
By InstallationDrop-in or Top Mount
Undermount
Farmhouse or Apron-Front
Others
By BowlSingle
Double
Multiple
By End UserResidential
Commercial
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
Malaysia
Indonesia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Argentina
Rest of LAMEA
Key Market PlayersDelta Faucet Company
Huida Sanitary Ware Co., Ltd
JULIEN INC.
Duravit AG
Elkay Manufacturing Company
ROCA SANITARIO, S.A.
S.A, ACRYSIL Ltd
House of Rohl, LLC
Kohler Co.
Franke Management AG.