Global Plumbing Fixtures And Fittings Market Overview And Prospects – Includes Plumbing Fixtures And Fittings Market Size
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The global plumbing fixtures and fittings market is expected to grow from $88.16 billion in 2021 to $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 grow to $129.28 billion in 2026 at a CAGR of 8.4%.
The increasing focus on sewerage treatment to meet global water demands is driving the market for plumbing fitting and fixtures products bought or rented by individuals or companies.
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The plumbing fixtures and fittings market consist of sales of plumbing fixtures and fittings products by entities (organizations, sole traders, and partnerships) that are essential components of plumbing systems installed in buildings for the adequate distribution of water for use in various activities such as drinking and washing, and for the removal of waterborne waste from the building. Plumbing fittings are products that can be removed from one place to another and can be installed simply, whereas plumbing fixtures cannot be moved once they are installed and can be damaged with the house. Only those products come under plumbing fixtures.
By Product: Bathtub, Sinks, Toilets, Showers, Taps, Drains
By Distribution: Online, Offline
By Application: New Construction, Repair and Remodel
By Material Type: Vitreous China, Metal, Plastic
By End-User: Residential, Commercial, Industrial
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global plumbing fixtures and fittings market in 2021.
Technological advancement is shaping the plumbing fixtures and fittings market. Major companies in the plumbing fixtures and fittings market are advancing towards adopting new technologies and research and developments in the plumbing fixtures and fittings market.
TBRC’s Plumbing Fixtures And Fittings Market Report Covers:
Major Market Players: 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.
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 Plumbing Fixtures and Fittings Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides plumbing fixtures and fittings market overviews, analyzes and forecasts market size, share, plumbing fixtures and fittings market players, plumbing fixtures and fittings market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s plumbing fixtures and fittings market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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