Faucet Market
Metal And Mineral Manufacturing

Global Faucet Market Size, Forecasts, And Opportunities

Learn about the global faucet market through The Business Research Company, which provides information on faucet market size, faucet market drivers and restraints, faucet market players, the COVID-19 impact on the faucet market, and more.

 

The global faucet market size is expected to grow from $32.91 billion in 2021 to $35.70 billion in 2022 at a compound annual growth rate (CAGR) of 8.47%. The growth in the market 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 global faucets market size is expected to reach $51.62 billion in 2026 at a CAGR of 9.66%.

 

The growth in urbanization is driving the growth of the faucet market.

 

Request A Sample For The Global Faucet Market Report:            
https://www.thebusinessresearchcompany.com/sample.aspx?id=5747&type=smp

 

The faucet market consists of sales of faucets products and related services by entities (organizations, sole traders, and partnerships) that are used for controlling the flow of liquid from a pipe by opening or closing a tap. A faucet is a plumbing fixture used for delivering liquid or gas from a reservoir. The faucet consists of a spout, handle, cartridge, aerator, chamber, and inlet sources, and is made of either brass, steel, die-cast zinc, and chrome-plated plastic.

 

Global Faucet Market Segments Include:

By Product Type: Electronic, Manual

By Material: Metal, Plastics

By Technology: Cartridge, Compression, Ceramic Disc, Ball

By Application: Bathroom, Kitchen, Others

By End-User: Residential, Commercial

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 was the largest region in the faucet market in 2021.

 

Strategic partnerships are a key trend gaining popularity in the faucets market. Companies manufacturing faucets are undergoing partnerships to improve the products.

 

TBRC’s faucet market report covers:

Major Market Players: American Standard Brands, Colston Bath, Delta Faucet Company (Masco Corporation), Gerber Plumbing Fixtures, Jaquar, Kohler Co., Fortune Brands Home & Security, Villeroy & Boch Aktiengesellschaft, Paini UK Ltd, Sloan Valve Company, Pfister, Danze Inc., Aqua Source Faucet, Eczacibasi Holding AS, and Elkay Manufacturing Co.

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 (2016-21) and ten years forecast (2022-2026-2031)

 

The Faucet Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides faucet market overviews, analyzes and forecasts market size, share, faucet market players, faucet market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s faucet market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Point-of-Use Water Treatment Systems Global Market Report 2022

Water Purifiers Global Market Report 2022

Water Meter Global Market Report 2022

 

Interested To Know More About The Business Research Company?      
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

 

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