$74.2 billion from the global bathroom fixtures industry to 2027 – with American Standard, HANSA, Kohler and TOTO, among others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Bathroom Accessories Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.

The global bathroom accessories market size reached US$49.4 billion in 2021. Looking ahead, the publisher expects the market to reach US$74.2 billion by 2027, posting a CAGR of 7.02% in 2021-2027.

Companies cited

  • American standard

  • Dornbracht

  • Geberit AG

  • jacquard

  • HANSA GmbH

  • hansgrohe

  • Hindware houses

  • Jado

  • Kohler

  • Lixil Corporation Group

  • Roca Sanitario

  • HER

  • TOTO

  • Villeroy & Boch

  • Vitra

Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major market contributor.

Bathroom fittings, also called sanitary fittings, refer to the plumbing fixtures or accessories installed in a bathroom. These accessories typically include sinks, towel racks, faucets, tubs, soap dispensers, faucets, shower heads, trash cans, paper towel machines, and more. Bathroom accessories are usually made of metal, glass, porcelain, acrylic plastic, plexiglass and other materials. . These accessories add functional and aesthetic value to the bathroom, while emphasizing luxury, elegance and style. Due to these advantages, bathroom accessories are widely installed in the residential, commercial, hotel and institutional sectors.

Consumers’ rising living standards, supported by their rising disposable income, have led to a growing trend towards refined and high-end household accessories, such as bathroom accessories. Additionally, various technological upgrades and rapid digitization have led to the introduction of advanced and smart bathroom accessories that can be operated through Internet of Things (IoT) based devices.

In addition, the increasing modernization, as well as the dominant trend towards automation of household components, has led to the launch of bathroom equipment with integrated sensors. Various automated bathroom accessories including sensor faucets, smart showers/mixers, automatic soap dispensers, etc. are gaining popularity especially among the millennial and urbanized population.

In addition, various advanced bathroom amenities are also equipped with water-saving technology to reduce water waste, resulting in high demand worldwide. Growing environmental concerns over water scarcity and falling groundwater levels have encouraged manufacturers to design newer, state-of-the-art toilets, sinks, toilets and cisterns, etc., to optimal use of water.

In addition to this, increasing levels of urbanization, as well as the increasing construction of smart and luxury housing projects, especially in developing countries in Asia-Pacific, the Middle East and Latin America, have further increased the demand for bathroom amenities. In these regions, growing consumer awareness of improved sanitary facilities, coupled with the introduction of several government initiatives to promote the need to maintain good hygienic conditions and adequate sanitation, have also propelled the installation fast sanitary facilities.

In addition, the growing number of renovation and refurbishment activities of traditional residential and commercial infrastructure, in the developed regions of North America and Europe, is also driving the bathroom accessories market. Booming real estate and tourism industries along with various infrastructural developments in the hospitality sector will continue to drive the growth of the global bathroom accessories market during the forecast period.

Key Market Segmentation:

The publisher provides analysis of key trends in each sub-segment of the Global Bathroom Accessories market report, as well as forecasts at the global, regional and country levels from 2022 to 2027. Our report has categorized the market into depending on product type, end user, distribution channel, and organized and unorganized.

Breakdown by product type:

Breakdown by end user:

  • Residential

  • Commercial

  • Institutional

Breakdown by distribution channel:

Breakdown by organized and unorganized:

Breakdown by region

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Others

  • North America

  • United States

  • Canada

  • Europe

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Russia

  • Others

  • Middle East and Africa

  • Turkey

  • Saudi Arabia

  • Iran

  • United Arab Emirates

  • Others

  • Latin America

  • Brazil

  • Mexico

  • Argentina

  • Colombia

  • Chile

  • Peru

  • Others

Answers to key questions in this report:

  • How has the global bathroom accessories market behaved so far and how will it behave in the years to come?

  • What are the main regional markets?

  • What has been the impact of COVID-19 on the global bathroom accessories market?

  • What is the market breakdown by product type?

  • What is the market breakdown by end user?

  • What is the market breakdown by distribution channel?

  • What is the market breakdown based on the organized and unorganized sector?

  • What are the different stages of the industry value chain?

  • What are the major market drivers and challenges?

  • What is the structure of the global bathroom accessories market and who are the major players?

  • How competitive is the market?

For more information on this report, visit https://www.researchandmarkets.com/r/86puzr