US 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) Forecasts 2022-2032
US Plumbing Fixtures Market is valued approximately at USD 23.33 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.66% 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. Also, with increasing awareness about water conservation and sustainability, there's a growing demand for water-efficient plumbing fixtures. Manufacturers are focusing on developing products that meet or exceed water efficiency standards, such as WaterSense in the United States and similar regulations in other regions.
Moreover, the innovations in plumbing fixture technology have led to the development of smart and connected fixtures that offer enhanced features such as touchless operation, water temperature control, and remote monitoring. These advanced fixtures appeal to consumers looking for convenience, efficiency, and modernization. Also, with older buildings being renovated or remodeled, there's a significant demand for updated plumbing fixtures. Homeowners and businesses often upgrade their fixtures for improved efficiency, aesthetics, and functionality. Additionally, rise in disposable income, heavy investments in smart homes, and consumer preference for premium products that anticipated to support the market growth. However, the fluctuations in raw material prices are expected to hinder the market growth during the forecast period 2024-2032.
Major market player included in this report are: Kohler Co. (U.S.) Jacuzzi Inc. (U.S.) Masco Corporation (U.S.) Company 4 Company 5 Company 6 Company 7 Company 8 Company 9 Company 10
The detailed segments and sub-segment of the market are explained below:
By End-Use Residential buildings Non-residential buildings
By Application New buildings Renovated buildings
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 Country 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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Chapter 1. US Plumbing Fixtures Market Definition and Research Assumptions