Global Plumbing Fixtures Market Size study, by Material (Vitreous china, Metal, Plastic) by Product (Bathtub & shower fixtures, sink fixtures, Toilet fixtures, Bathtub & shower fittings, Sink fittings, Toilet fittings, Other fixtures & fittings) by End-Us

Global Plumbing Fixtures Market Size study, by Material (Vitreous china, Metal, Plastic) by Product (Bathtub & shower fixtures, sink fixtures, Toilet fixtures, Bathtub & shower fittings, Sink fittings, Toilet fittings, Other fixtures & fittings) by End-Use (Residential buildings, Non-residential buildings) By Application (New buildings, Renovated buildings) and Regional Forecasts 2022-2032

Global Plumbing Fixtures Market is valued approximately at USD 90.11 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.52% over the forecast period 2024-2032. Plumbing fixtures are equipment that connect to a plumbing system, enabling water to be used in a building or structure. These fixtures are essential components of both home and commercial plumbing systems. They provide access to water for drinking, bathing, handwashing, cooking, and waste removal. The integration of smart technology into plumbing fixtures is gaining traction. Smart fixtures offer features such as touchless operation, temperature control, water usage monitoring, and remote operation via smartphone apps. These fixtures not only enhance convenience but also contribute to water conservation efforts.

The growing concerns about water scarcity and environmental sustainability are prompting consumers and businesses to invest in water-efficient plumbing fixtures, thus driving market growth. Also, economic development and industrialization in emerging markets lead to the construction of new industrial and commercial buildings, resulting in higher demand for plumbing fixtures for various applications. Moreover, other factors support the market growth are rapid urbanization and population growth, and growing infrastructure development projects. However, the fluctuations in raw material prices are expected to hinder the market growth during the forecast period 2024-2032.

The key regions considered for the global Plumbing Fixtures market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia-Pacific is projected to have the largest market share and dominate the plumbing fixtures market. With burgeoning potential, the region presents lucrative growth prospects, particularly in emerging markets like China and India. This dynamic landscape positions Asia-Pacific as the swiftest-growing market for plumbing fixtures. The region's expansion is fueled by a confluence of factors, including robust growth in residential and non-residential construction projects. Moreover, the region's growing population and advancing economic development further propel the momentum of this market.

Major market player included in this report are:
Geberit AG (Switzerland)
Kohler Co. (U.S.)
Jacuzzi Inc. (U.S.)
Masco Corporation (U.S.)
LIXIL Group Corporation (Japan)
Fortune Brands Home & Security, Inc. (U.S.)
TOTO Ltd. (Japan)
Roca Sanitario, S.A. (Spain)
Elkay Manufacturing Company (U.S.)
MAAX Bath Inc. (Canada)

The detailed segments and sub-segment of the market are explained below:
By Material
Vitreous china
Metal
Plastic

By Product
Bathtub & shower fixtures
Sink fixtures
Toilet fixtures
Bathtub & shower fittings
Sink fittings
Toilet fittings
Other fixtures & fittings

By End-Use
Residential buildings
Non-residential buildings

By Application
New buildings
Renovated buildings

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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