Global Plumbing Fixtures Market 2022-2028

Global Plumbing Fixtures Market 2022-2028

Plumbing fixtures are the components that are used in the bathrooms and kitchen such as bathtubs and sink. These fixtures are designed to receive human waste and dispose of it properly in a sanitary sewer system. Global plumbing fixtures market is witnessing significant growth due to increasing urbanization and rising building construction coupled with the increasing application of fixes in building construction. Moreover, rising disposable income coupled with a rising investment in plumbing infrastructure is other factors that are contributing to the growth of plumbing fixtures market.

The global plumbing fixtures market is segmented on the basis of material type, type, and end-user. Based on the material type the global plumbing fixtures market is further classified into metal and plastics. The plastics plumbing fixtures segment is projected to have significant market during the forecast period due to the adoption of plastics material such as polymer due to its cost-effectiveness. Based on the type, the global plumbing fixtures market is segmented into bathroom fixtures and kitchen fixtures. Among these, the bathroom fixture is estimated to contribute significantly to the market. Moreover, the end-user segment is further classified into residential and non-residential. The residential segment is estimated to have a significant market share during the forecast period due to rising urbanization coupled with the increasing domestic application of better and new design of plumbing fixtures.

Moreover, the global plumbing fixtures market is further classified on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific has a significant market share in the global plumbing fixtures market due to high domestic application of fixtures coupled with a large pool of a population. Further, North America is also estimated to contribute significantly owing to high expenditure on building construction and design coupled with high disposable income.

The players that contribute to the growth of the global plumbing fixtures market include American Bath Group, Elkay Manufacturing Co., Fortune Brands Home & Security, Inc., Gaberit AG, Globe Union Industrial Corp., HSIL Ltd., Kohler Co., Lixil Group Corp., and others. These market players are contributing to the market by adopting various market strategies such as product launch, merger & acquisition, partnerships collaborations, and others for gaining a strong position in the market. For instance, in March 2021, Lixil Group Corp. entered into a collaboration with Bath Crest, which would enable the company to expand its wet area bath solutions with a wide variety of wall surrounds, accessories and showers for the residential and non-residential market.

The Report Covers

Comprehensive research methodology of the global plumbing fixtures market.

This report also includes a detailed and extensive market overview with key analyst insights.

An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

Analysis of regional regulations and other government policies impacting the global plumbing fixtures market.

Insights about market determinants which are stimulating the global plumbing fixtures market.

Detailed and extensive market segments with regional distribution of forecasted revenues.

Extensive profiles and recent developments of market players.