Faucet Market Growth, Size, Trends Analysis- By Product Type, By Application, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Faucet Market Introduction and Overview
According to SPER Market Research, ‘Global Faucet Market Size- By Product Type, By Application, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Faucet Market is estimated to reach USD 47.77 billion by 2033 with a CAGR of 8.17%.
A faucet is a type of plumbing fixture used in bathrooms, kitchens, and outdoor areas to regulate the flow of water. Wall-mounted faucets, touchless faucets, single-handle faucets, and double-handle faucets are just a few of the numerous varieties of faucets with distinctive features and designs. In addition to providing access to clean water for drinking, cooking, and hygiene, taps can be used to fill containers and wash hands or dishes. They have parts like ceramic discs or rubber washers to control water flow and stop leaks, and their bodies are composed of sturdy materials like brass, stainless steel, or chrome-plated brass.
The global faucet market was significantly impacted by the COVID-19 pandemic, which also changed consumer behavior. Early in the outbreak, supply chain disruptions, manufacturing delays, and shortages of raw materials due to lockdowns and other restrictions affected production and delivery timetables. Additionally, the demand for faucets in both the commercial and residential sectors decreased as fewer building projects and renovations were undertaken.
Scope of the report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product Type, By Application, By End User
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered
Danze, Inc., Fortune Brands Home & Security, Inc., MASCO Corporation, Paini (UK) Ltd, Rohl LLC, Roca Sanitario S.A, Sloan Valve Company, Spectrum Brands, TOTO Ltd, LIXIL Group Corporation, Others.
Faucet Market Key Players:
Additionally, some of the market key players are, Danze, Inc., Fortune Brands Home & Security, Inc., MASCO Corporation, Paini (UK) Ltd, Rohl LLC.
Global Faucet Market Segmentation:
By Product Type:Based on the Product Type, Global Faucet Market is segmented as; Electronic, Manual.
By Application:Based on the Application Global Faucet Market is as: Bathroom, Kitchen, Others.
By End User:Based on the Route of End User, Global Faucet Market is as: Residential, Commercial
By Region:This research also include data for North America, Europe, Asia-Pacific Middle East & Africa and South America.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Faucet Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Faucet Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Faucet Market
- 7. Global Faucet Market, By Product Type (USD Million) 2020-2033
- 7.1. Global Faucet Market Size, Share and Forecast, By Product Type, 2020-2026
- 7.2. Global Faucet Market Size, Share and Forecast, By Product Type, 2027-2033
- 7.3. Electronic
- 7.4. Manual
- 8. Global Faucet Market, By Application (USD Million) 2020-2033
- 8.1. Global Faucet Market Size, Share and Forecast, By Application, 2020-2026
- 8.2. Global Faucet Market Size, Share and Forecast, By Application, 2027-2033
- 8.3. Bathroom
- 8.4. Kitchen
- 8.5. Others
- 9. Global Faucet Market, By End User (USD Million) 2020-2033
- 9.1. Global Faucet Market Size, Share and Forecast, By End User, 2020-2026
- 9.2. Global Faucet Market Size, Share and Forecast, By End User, 2027-2033
- 9.3. Residential
- 9.4. Commercial
- 10. Global Faucet Market Forecast, 2020-2033 (USD Million)
- 10.1. Global Faucet Market Size and Market Share
- 11. Global Faucet Market, By Region, 2020-2033 (USD Million)
- 11.1. Global Faucet Market Size and Market Share By Region (2020-2026)
- 11.2. Global Faucet Market Size and Market Share By Region (2027-2033)
- 11.3. Asia-Pacific
- 11.3.1. Australia
- 11.3.2. China
- 11.3.3. India
- 11.3.4. Japan
- 11.3.5. South Korea
- 11.3.6. Rest of Asia-Pacific
- 11.4. Europe
- 11.4.1. France
- 11.4.2. Germany
- 11.4.3. Italy
- 11.4.4. Spain
- 11.4.5. United Kingdom
- 11.4.6. Rest of Europe
- 11.5. Middle East and Africa
- 11.5.1. Kingdom of Saudi Arabia
- 11.5.2. United Arab Emirates
- 11.5.3. Qatar
- 11.5.4. South Africa
- 11.5.5. Egypt
- 11.5.6. Morocco
- 11.5.7. Nigeria
- 11.5.8. Rest of Middle-East and Africa
- 11.6. North America
- 11.6.1. Canada
- 11.6.2. Mexico
- 11.6.3. United States
- 11.7. Latin America
- 11.7.1. Argentina
- 11.7.2. Brazil
- 11.7.3. Rest of Latin America
- 12. Company Profile
- 12.1. Danze, Inc.
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Fortune Brands Home & Security, Inc.
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. MASCO Corporation
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Paini (UK) Ltd
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Rohl LLC
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. Roca Sanitario S.A
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Sloan Valve Company
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Spectrum Brands
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. TOTO Ltd
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. LIXIL Group Corporation
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Others
- 13. Conclusion
- 14. List of Abbreviations
- 14. Reference Links
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