Global Plumbing Fitting Market Growth 2023-2029

Global Plumbing Fitting Market Growth 2023-2029

Plumbing fittings are crucial components of plumbing systems installed in buildings for efficient distribution of water within the building for drinking, washing, heating and for removing waterborne wastes from the building.

LPI (LP Information)' newest research report, the “Plumbing Fitting Industry Forecast” looks at past sales and reviews total world Plumbing Fitting sales in 2022, providing a comprehensive analysis by region and market sector of projected Plumbing Fitting sales for 2023 through 2029. With Plumbing Fitting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plumbing Fitting industry.

This Insight Report provides a comprehensive analysis of the global Plumbing Fitting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plumbing Fitting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plumbing Fitting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plumbing Fitting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plumbing Fitting.

The global Plumbing Fitting market size is projected to grow from US$ 15240 million in 2022 to US$ 22480 million in 2029; it is expected to grow at a CAGR of 22480 from 2023 to 2029.

Global Plumbing Fitting key players include Masco Corporation, Kohler, Fortune Brands, LIXIL Corporation, Lota Group, etc. Global top five manufacturers hold a share over 20%.

China is the largest market, with a share about 40%, followed by USA, and Europe, both have a share about 40 percent.

In terms of product, Faucets is the largest segment, with a share nearly 60%. And in terms of application, the largest application is Household, followed by Commercial.

This report presents a comprehensive overview, market shares, and growth opportunities of Plumbing Fitting market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Faucets

Shower Heads

Valves and Pipe Fittings

Others

Segmentation by application

Household

Commercial

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Masco Corporation

Kohler

Fortune Brands

LIXIL Corporation

Friedrich Grohe

Toto

RWC

Roca

Lota Group

Spectrum Brands

Globe UNION Industrial Corp

Jacuzzi

Huayi

Elkay

Lasco

Maax

Ideal Standard

Villeroy & Boch

Jaquar Group

Sanitec

Hansgrohe

Sunlot Group

Hindware

CERA Sanitaryware

Key Questions Addressed in this Report

What is the 10-year outlook for the global Plumbing Fitting market?

What factors are driving Plumbing Fitting market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Plumbing Fitting market opportunities vary by end market size?

How does Plumbing Fitting break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.