Modular bathroom pods are bathroom construction models that have a whole assembly of bathroom parts as the pod, as well as come with plumbing and electrical purposes such as fixtures. These pods are pre-fabricated in factories, under tightly controlled conditions, and are delivered already as structures to the construction sites. Also, they are applied in residential, hospitality, healthcare, and commercial projects for several reasons including low prices, quality uniformity, and the impressive decrease in construction time on the construction site.
The Modular Bathroom Pods Market is expected to grow with a significant CAGR of 6% during the forecast period (2024-2032). This is mainly due to the increasing demand for effective solutions to the construction of utilitarian premises, particularly in the hotel and clinic industry. Adding to this, the higher levels of urbanization and the shortage of housing also enhance units’ adoption because pods can be installed swiftly, and their construction does not require many employees. Moreover, green policies prompt the demand for environmentally friendly modular systems that are in line with green construction. The improvement in prefabrication technology provides high custom designs guaranteeing high quality, thus boosting the market.
As per the World Bank, in April 2023, some 56% of the world’s population – 4.4 billion inhabitants – live in cities. This trend is expected to continue, with the urban population more than doubling its current size by 2050, at which point nearly 7 of 10 people will live in cities.
With more than 80% of global GDP generated in cities, urbanization can contribute to sustainable growth through increased productivity and innovation if managed well.
Based on the type, the market is segmented into GRP bathroom pods, steel bathroom pods, and others. The GRP bathroom pods held a significant share of the market in 2023. Bathroom pods made of Glass Reinforced Plastic (GRP) facilitate growth as they are lightweight structures, durable and low on maintenance that are suitable for extensive construction. Being corrosion-resistant, they have a long life even in areas characterized by high humidity. Businesses adopt GRP pods by embracing more refined production methods and by ensuring that models are developed in a bid to fit certain client requirements. Moreover, the increase in the use of GRP materials is the ability to minimize the wastage of their production. This makes GRP pods ideal for use in residential, healthcare, and student accommodation construction projects. In June 2021, Offsite Solutions, the UK’s leading bathroom pod manufacturer, was awarded the first contract for its new enhanced and floorless GRP pods developed for the build-to-rent sector – a £1.6m (1.67 USD) project for ISG in Cardiff.
Based on applications, the market is segmented into residential use, commercial use, and others. The commercial use is expected to grow with a significant CAGR during the forecast period (2024-2032). Commercial modular bathroom pods contribute to growth because they meet demands for effective, compact, and stylish designs in busy applications. These pods reduce the time of construction, or the time involved when undertaking a makeover and would therefore be suitable for use in offices, malls, and public facilities. Commercial pods are being implemented where companies offer customized pod designs that include the use of intelligent fixtures plus the necessary compliance with safety and accessibility measures. Such integration into commercial projects is made easier by partnership relations with contractors and architects. This segment also increases its potential with growing investments in urban construction and property.
For a better understanding of the market adoption of modular bathroom pods, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, France, U.K., Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. Asia-Pacific is expected to grow with a significant CAGR during the forecast period (2024-2032). This is mainly due to the high pace of urbanization, growth in infrastructure spending, and the need for greater affordable housing. Adding to this, India has a large population base, and the same is the case with China; therefore, time is of the essence and that’s why prefabrication becomes inevitable. Moreover, companies adopt modular pods in the region through affordable innovation spaces which are developed to meet the specific needs of the region. They are also trying to increase their production capacity and enter into a joint venture to meet the tremendous demand. Furthermore, many innovations in the working process and the design of production facilities are aimed at meeting the goals of sustainability. In the next, government-driven smart cities and housing schemes contribute significantly to market growth.
Some of the major players operating in the market include Walker Modular, DuPod, ModularPods, Taplanes, Hydrodiseno, Howick Ltd, B&T Manufacturing, Loom Crafts Shade Systems Pvt Ltd, The Pod Company, MODUSPACES.
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the Modular Bathroom Pods Market
2.2. Research Methodology of the Modular Bathroom Pods Market
2.3. Respondent Profile
3 EXECUTIVE SUMMARY
3.1. Industry Synopsis
3.2. Segmental Outlook
3.2.1. Market Growth Intensity
3.3. Regional Outlook
4 MARKET DYNAMICS
4.1. Drivers
4.2. Opportunity
4.3. Restraints
4.4. Trends
4.5. PESTEL Analysis
4.6. Demand Side Analysis
4.7. Supply Side Analysis
4.7.1. Merger & Acquisition
4.7.2. Investment Scenario
4.7.3. Industry Insights: Leading Startups and Their Unique Strategies
5 PRICING ANALYSIS
5.1. Regional Pricing Analysis
5.2. Price Influencing Factors
6 GLOBAL MODULAR BATHROOM PODS MARKET REVENUE (USD BN), 2022-2032F