Thermostatic Faucet Market Growth & Trends
The global thermostatic faucet market size is expected to reach USD 12.88 billion by 2030, registering a CAGR of 5.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. The COVID-19 pandemic has affected nearly every industry sector. The focus of the consumer has shifted towards daily essentials thereby impacting the non-essential industry like plumbing. Several home renovation activities were put on hold in 2020.
Several key players in the market are providing modern faucets, which provide aesthetic appeal and are hygienic for usage. Also, the World Health Organization (WHO) has recognized the inadequacies of conservative public toilet design thereby propelling the need for thermostatic faucets in hospitals and other healthcare facilities.
Moreover, product innovation is expected to boost the adoption of thermostatic faucets among consumers. For instance, Delta Faucets provides Touch2O technology, which enables the flow of water to be activated by flouting the capacitance field anywhere around the device. Also, the rise in product offerings via social media and e-commerce platforms is influencing the way consumers purchase products. Many players in the market are pursuing both direct-to-consumer and online channels.
According to the WHO, in several developing countries, the impact of Healthcare-Associated Infections (HAIs) is greater than in developed countries. Also, the advent of smart faucets has lowered frequent contact with the handles thereby making them more hygienic. Companies are increasingly focusing on strategic partnerships as these growth strategies help target a larger audience and increase brand visibility.
Thermostatic Faucet Market Report Highlights
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