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

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

A walk-in tub is designed to provide individuals with a safer, more convenient bathing experience. Walk-In tubs typically have a door that swings in or out of the tub, and in some cases slides up and down. The purpose of a walk-in tub is to enable the user to easily and safely enter and exit the tub, especially if they have difficulty raising their feet over the side of a traditional tub.

Market Overview:

The latest research study on the global Walk-In Tubs market finds that the global Walk-In Tubs market reached a value of USD 373.95 million in 2022. It’s expected that the market will achieve USD 551.14 million by 2028, exhibiting a CAGR of 6.68% during the forecast period.

Continuous product innovation and more user-friendly design

Continuous product innovation and more user-friendly design walk-in bathtub companies gradually take into account the user's all-around experience and continue to develop new products or new technologies. More consumers need walk-in bathtubs that save money and are versatile. Manufacturers of walk-in bathtubs are thinking more about these important factors, as consumers are turning to ease and comfort, using technologies such as smartphones and Wi-Fi in combination. In addition, product differentiation has become one of the key points to improve competitiveness. Walk-in bathtub companies are gradually clarifying market positioning and finding suitable market segments. In order to stand out in the fierce market competition, for those products that are different from other products, companies consider building barriers for other companies to enter the market, thereby forming a competitive advantage. At the same time, companies also create sufficiently special elements in the formation of product entities or the process of providing products to distinguish them from other similar products to attract buyers, thereby arousing consumer preference and loyalty. The global walk-in bathtub industry continues to develop in continuous product innovation and humanized design.

Aging population

Walk in bathtubs exist is to assist both the elderly and any disabled individuals. With the design of these bathtubs, anyone can easily enter the bathtub with the assistance of guide rails and steps without fear of tripping and falling on slippery bathtub surfaces. One of the great opportunities presented by the aging population is the aging of the population. The expansion of the older population will increase the need for affordable, accessible housing that is well-connected to services well beyond what current supply can meet. In addition, the home is an increasingly important setting for the delivery of long-term care, a trend likely to grow over the next two decades as millions more seek to remain in their current dwellings while coping with disabilities and health challenges. These potential customers are typically older, wealthy, and willing to invest in modifications to their homes to ensure they are comfortable and safe even when health challenges arise. Therefore, this is an element that promotes the sustainable development of walk-in bathtubs worldwide.

Region Overview:

In 2022, the share of the Walk-In Tubs market in North America stood at 72.82%.

Company Overview:

KOHLER is one of the major players operating in the Walk-In Tubs market, holding a share of 31.2% in 2023.

KOHLER

Founded in 1873, the Kohler Co. evolved into a global manufacturing business. Producing a variety of goods such as engines, home interior products to name a few, Kohler is best known for its wide range of kitchen and bath products.

American Standard

American Standard is a North American plumbing and building products manufacturer. The Company produces fixtures, faucets and sinks, plus whirlpool tubs and other wellness products for the bath and kitchen. American Standard Brands is owned by LIXIL Corporation, and is part of LIXIL Water Technology business.

Segmentation Overview:

As for product types, the Embedded segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Household, with a market share of 78.02% in 2022.

Key Companies in the global Walk-In Tubs market covered in Chapter 3:

Independent Home
Jacuzzi Brands Corp
American Standard
Hydro Dimensions
Aston
Ella's Bubbles, LLC
Universal Tubs
Homeward Bath
Premier Care
KOHLER
Ariel
Hydro Systems
Safe Step

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

Embedded
Independent

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Walk-In Tubs market from 2018 to 2029 covers:

Household
Commercial

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)