Global Sanitary Ware & Bathroom Accessories Market - Industry Trends and Forecast to 2030
Global sanitary ware & bathroom accessories market is expected to reach USD 68,008,643.11 thousand by 2030 from USD 41,666,859.58 thousand in 2022, growing at a CAGR of 6.5% during the forecast period of 2023 to 2030.
Market SegmentationGlobal Sanitary ware & Bathroom Accessories Market, By Type (Western Toilet, Wash Basin, Urinals, Faucets, Cistern, Showers, Bathroom Accessories, Bathtubs, Medicine Cabinets, Bidets, Vanities, Mirror, and Others), Function (Manual and Electric/Automated), Material (Ceramic, Metal, Acrylic Plastic and Perspex, Others), End-User (Residential, Commercial Building, Supermarkets/Hypermarkets, Shopping Malls, Corporate Offices, School/University, Hospitals, Banks, Hotel and Restaurants, Government Buildings, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Russia, Spain, Switzerland, Belgium, Netherlands, Turkey, Luxemburg, Rest of Europe, China, India, Japan, South Korea, Singapore, Australia & New Zealand, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Saudi Arabia, South Africa, Egypt, United Arab Emirates, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America) - Industry Trends and Forecast to 2030
Overview of Global Sanitary Ware & Bathroom Accessories Market Dynamics
Drivers
• Rising investments in the construction sector
• Increasing awareness regarding proper sanitation
• Surge in Demand for Luxurious and Aesthetically Pleasing Products
• Growing Renovations and Remodeling Activities
Restraints
• Stringent Mining Regulations
• Environmental Challenges of Material Extraction
Opportunities
• Shifting Focus of Manufacturers towards Technologically Advanced Appliances
• Lucrative Outlook towards Environmentally Friendly Solutions
• Rising potential of products having minimalistic designs
Market Players
Some of the major market players operating in the global sanitary ware & bathroom accessories market are listed below: • LIXIL Corporation
• Kohler Co.
• TOTO LTD.
• Roca Sanitario, S.A.U.
• Villeroy & Boch AG
• Franke Group
• Moen Incorporated
• Hansgrohe
• TRITON (A subsidiary of Norcros plc)
• Jaquar India
• Delta Faucet Company
• Hindware Home Innovation Limited
• CERA
• Jacuzzi Inc.
• GESSI SPA
• Aqualisa (A subsidiary of Fortune Brands Innovations)
• Gerber Plumbing Fixtures LLC (A subsidiary of Globe Union Industrial Corp.)
• Silverdale Bathrooms
• Sri Nilkanth Industries