The 2023-2028 World Outlook for Residential Bathroom Faucets

The 2023-2028 World Outlook for Residential Bathroom Faucets

This study covers the world outlook for residential bathroom faucets across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers residential bathroom faucets as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for residential bathroom faucets is 31161352. It is for this definition that aggregate latent demand estimates are derived. Residential bathroom faucets is specifically defined as follows:

31161352 Animal and marine feed and fertilizer byproducts, except meat and bone meal

3116135221 Dry rendered tankage

3116135243 Other feed and fertilizer by products

3116135251 Animal oil mill products, including all other animal oils, except fatty acids

3116135261 Foots, animal oil and acidulated soap stock

3116135271 Foots, vegetable oil