Plumbing Fixtures Market 2022 Size, Share, Growth, Trends and Forecast to 2027

SHERIDAN, WY, USA, July 18, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “Plumbing Fixtures Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027”, the Plumbing fixtures market size reached US$80.3 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$109.2 billion by 2027, growing at a CAGR of 5.17% in 2022-2027.

Plumbing fixtures represent multiple interchangeable fixtures attached to a system of pipes that carry water through a building. They are generally made using smooth, non-absorbent, non-corrosive and antimicrobial materials, which allow for easy cleaning. Some of the commonly available plumbing fixtures include toilets, sinks, urinals, faucets, showers, tubs, toilets, sinks, flushers, etc. They are installed in the drainage systems of kitchens, toilets, bathrooms, etc. facilities, hospitals, schools, homes, etc.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Market trends:

The increasing frequency of existing building renovation activities and growing demand for luxury homes, owing to consumer disposable income inflation and increasing levels of urbanization, are mainly driving the plumbing fixtures market. Moreover, increasing investments by government agencies in the countries in infrastructure development further catalyze the growth of the market. In addition, the widespread adoption of bathtubs, showers and other plumbing fixtures by various non-residential buildings, such as hotels, gymnasiums, spas, etc., to improve customer satisfaction acts as another contributing factor. significant growth. Additionally, the growing need for medical treatments and physical medicines is increasing the use of plumbing fixtures in rehabilitation centers for therapeutic purposes, which is also positively influencing the global market. Apart from this, the introduction of environmentally friendly plumbing solutions that minimize carbon footprint, reduce costs, provide superior performance, reduce water and energy waste, etc., are expected to power the plumbing fixtures market over the forecast period.

Report metric

History: 2016-2021

Base year: 2021

Forecast year: 2022-2027

2022-2027 Global Plumbing Fixtures Market Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report along with the detailed profiles of key players operating in the market.

Key player in the competitive landscape:

Bradley Corporation, Elkay Manufacturing Company, Globe Union Industrial Corp., Hansgrohe SE (Masco Corporation), Kohler Co., LIXIL Corporation, MAAX Bath Inc. (American Bath Group), Moen Incorporated (Fortune Brands Home & Security Inc.), Roca Sanitario SA and Toto Ltd.

The report has segmented the market based on product, location, application, distribution channel, and end user.

Breakdown by product:

Bathtub
The wells
Bathroom
Showers
Faucets and faucets
Oil changes
Others

Breakdown by location:

Bathroom
Kitchen
Others

Breakdown by application:

New construction
Repair and renovation

Breakdown by distribution channel:

On line
Offline

Breakdown by end user:

Residential
Commercial
Breakdown by region:

North America: (United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Main highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter’s Five Forces Analysis
Market drivers and success factors
SWOT analysis
Value chain
Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

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About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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IMARC Services Private Limited
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