Global Smart Toilet Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Smart Toilet Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A toilet that automatically opens up approach; then after finish going automatically closes and the toilet flushes. It also has a seat that warms itself with various temperature settings that can be done remotely. And it can choose the temperature, pressure and location of the clean water. It also has the functions of a blower and a dryer, and can even clean itself and achieve water conservation.

Market Overview:

The latest research study on the global Smart Toilet market finds that the global Smart Toilet market reached a value of USD 4198.52 million in 2022. It’s expected that the market will achieve USD 7774.71 million by 2028, exhibiting a CAGR of 10.81% during the forecast period.

Drivers

With the development of the economy, the advancement of technology, and the improvement of people's living standards, people are more willing to invest in the improvement of the quality of home life as consumers' purchasing power increases. Elegant, fashionable and healthy home environment is no longer the exclusive environment for first and second-class urban residents, but has become the common demand of the public; at the same time, the requirements for intelligent adjustment functions are getting higher and higher; these factors are driving the development of the smart toilet industry; In addition, the continuous development of the hotel and residential construction industry has also promoted the development of the smart toilet industry. It is observed the major aspect in the commercial sector that is aiding the growth of smart toilet market is the rise in offices, hotels and lodging buildings. Thus, the rise in commercial sector has led to the development of smart toilets in offices, malls, and other consumer discretionary sectors, which eventually is boosting the smart toilet market. Owing to the rise in employment & urbanization, the demand for smart toilet is gaining popularity in the healthcare and hospitality sector. According to the above mention factors, the rise in the commercial construction sector is expected to drive the growth of smart toilets market.
Except for the above, developed market, they have more international companies, good channels, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for electronic faucets.

Opportunities

The offline experience, delivery, and online trading O2O mode are currently the market-oriented smart toilet industry operating model. The O2O model is based on online transactions, offline logistics services, experience, delivery, and back to online reviews. This model has been verified by experience and has great potential. The O2O model in the future smart toilet industry will be more mature.

Region Overview:

Geographically, Asia Pacific held the largest market share – 36.4% in 2022.

Company Overview:

TOTO is one of the major players operating in the Smart Toilet market, holding a share of 22.62% in 2023.

TOTO

Toto Ltd. manufactures and sells bathroom and kitchen plumbing products worldwide. It offers sanitary ware, such as toilet basins, urinals, sinks, washbasins, etc.; system toilets; toilet seats; plumbing accessories, etc.; bathtubs; unit bathrooms; and fittings consisting of various faucets, drain fittings, etc.

LIXIL

LIXIL was born in 2011 through a merger of five of Japan's most successful building materials and housing companies, TOSTEM, INAX, Shin Nikkei, Sunwave, and TOEX.

Segmentation Overview:

By type, Ordinary Toilet Seat segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Household segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Smart Toilet market covered in Chapter 3:

HUIDA
TOTO
PRESSALIT SEATS
Villeroy&Boch
GEBERIT
HeGII
Toshiba
JOMOO
R&T
Kohler
Duravit
Arrow
Panasonic
Aosman
Lixil
Roca

In Chapter 4 and Chapter 14.2, on the basis of types, the Smart Toilet market from 2018 to 2029 is primarily split into:

Smart Toilet Seat
Ordinary Toilet Seat

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Smart Toilet market from 2018 to 2029 covers:

Hospital & Emergency Center
Commercial
Household
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)