Global Plumbing Fixtures and Fittings Market Report by Trade Research Company identifies the growing focus on wastewater treatment to meet global water demand as a major growth driver for the plumbing fixtures and fittings market plumbing fittings. Water is the most scarce resource in the world, according to the publication of the World Bank, in 2020, about 36% of the world’s population faces water scarcity, and in the United States of America, 60% of the population is connected to wastewater treatment and nearly 40% of wastewater is collected and treated for further use. Rising population and the demand of increasing water scarcity and increased urbanization are all major factors influencing the increase in the plumbing fixtures and fittings market.
The global plumbing fixtures and fittings market size is expected to grow from USD 88.16 billion in 2021 to USD 93.71 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. The global plumbing fixtures and fittings market size is expected to reach USD 129.28 billion in 2026 at a CAGR of 8.4%.
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Asia-Pacific was the largest region in the plumbing fixtures and fittings market in 2021. The regions covered in the global plumbing fixtures and fittings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The major players in the plumbing fixtures and fittings market are Elkay Manufacturing Company, Kohler, LIXIL Group, MAAX Bat, Masco, Roca Sanitario, TOTO, Jacuzzi, Moen Incorporated, Geberit, American Bath Group, Hansgrohe, Colston Bath, Delta Faucet Company , Gerber Plumbing Fixtures LLC, Grohe, Fortune Brands Home & Security, Asahi Eito, Cera Sanitaryware and Globe Union Industrial Co.
Global plumbing fixtures and fittings market is segmented –
1) By product: bathtub, sinks, toilets, showers, faucets, drains
2) By distribution: online, offline
3) By application: new construction, repair and renovation
4) By type of material: vitreous china, metal, plastic
5) By end user: residential, commercial, industrial
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The content of the Plumbing Fixtures and Fittings market report includes
2. Plumbing Fixtures and Fittings Market Features
3. Plumbing Fixtures and Fittings Market Trends and Strategies
4. Impact of COVID-19 on plumbing fixtures and fittings
5. Plumbing fixtures and fittings market size and growth
27. Plumbing Fixtures and Fittings Market Competitive Landscape and Company Profiles
28. Major mergers and acquisitions in the plumbing fixtures and fittings market
29. Plumbing Fixtures and Fittings Market Future Prospects and Potential Analysis
This report covers Plumbing Fixtures and Fittings market trends and dynamics in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA . The report also includes consumer surveys and various future opportunities for the market.
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