Global Bathroom Products Market Outlook, Opportunities And Strategies
Learn about the global bathroom products market through The Business Research Company, which provides information on bathroom products market size, bathroom products market drivers and restraints, bathroom products market players, the COVID-19 impact on the bathroom products market, and more.
The global bathroom products market is expected to grow from $103.38 billion in 2020 to $112.77 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The bathroom products market is expected to reach $172.51 billion in 2025 at a CAGR of 11.2%.
An increase in urbanization across the globe is expected to drive innovation in bathroom products manufacturing, thus driving the market during the forecast period.
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The bathroom products market consists of sales of bathroom products by entities (organizations, sole traders, and partnerships) that are specifically designed for use in the bathroom. The bathroom products are the items that are specifically designed for use in a bathroom which includes hand basins, taps, towel racks, and trash cans. Bathroom products also include bathroom fittings that are intended to be used in the bathroom that includes a sink, toilet, shower, bathtub, and bidet.
Global bathroom products market segments include:
By Type: Bathroom Basin, Bathroom Furniture, Bathroom Accessories
By Distribution Channel: Online, Offline
By Application: Residential, Commercial, Institutional, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America and Europe are the largest regions in the bathroom products market in 2020.
Bathroom product companies are increasingly investing in smart products to improve productivity and customer satisfaction. These smart products are equipped with sensors, cameras, and voice control. This allows the end-users to customize their bathroom experiences. Leading companies such as Kohler, TOTO, and Roca Sanitario are continuously releasing new smart models such as smart vanity mirrors, smart toilets, and other smart products.
TBRC’s bathroom products market report covers:
Major Market Players: Kohler, Roca Sanitario, TOTO, LIXIL, Hamberger Sanitary, Huida Sanitary Ware Co, Bemis Manufacturing Company, Sloan Valve, Ginsey Home Solutions, AmeriSink, American Woodmark Corporation, Avanity Corporation, Bellaterra Home, Empire Industries, JSG Oceana, and Wilsonart International.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Bathroom Products Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides bathroom products market overviews, analyzes and forecasts market size, share, bathroom products market players, bathroom products market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s bathroom products market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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