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

SHERIDAN, WY, UNITED STATES, July 18, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, “Plumbing Fixtures Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” , The Global Sanitary Fittings Market Size Reached US$80.3 Billion In 2021. Looking ahead, IMARC Group expects the market to reach $109.2 billion by 2027, at a CAGR of 5.17% over 2022-2027.

Plumbing fixtures represent multiple interchangeable devices attached to a pipe system that carries water throughout a building. They are generally made from smooth, non-absorbent, non-corrosive, and antimicrobial materials that allow for easy cleaning. Some of the commonly available plumbing fixtures include toilet, sink, urinal, faucet, shower, bathtub, water closet, washbasin, flushing cistern, etc. They are installed in the drainage systems of kitchen, washroom, bathroom, etc. of commercial establishments, hospitals, schools, homes, etc .

We regularly track the direct impact of COVID-19 on the market as well as the indirect impact of related industries. These observations are integrated into the report.

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Market Trends:

The increasing frequency of renovation works on existing buildings and the rising demand for luxury properties due to rising consumer disposable incomes and increasing levels of urbanization are primarily driving the sanitary fittings market. In addition, the increasing investments by government agencies in the countries in infrastructure development are further driving the market growth. Besides this, the widespread introduction of bathtub, shower and other sanitary fixtures in various non-residential buildings such as hotels, gyms, spa resorts, etc. to increase customer satisfaction is another important growth factor. In addition, the increasing need for medical treatments and physical medicines is increasing the use of sanitary fittings in rehabilitation centers for therapeutic purposes, which is also having a positive impact on the global market. Apart from that, the introduction of eco-friendly plumbing solutions that minimize the carbon footprint, save costs, offer superior performance, reduce the waste of water and energy, etc. are expected to boost the sanitary fittings market in the forecast period.

report metrics

Historical: 2016-2021

Base year: 2021

Forecast year: 2022-2027

Analysis and Segmentation of Global Sanitary Fittings Market 2022-2027:

Competitive landscape:

The competitive landscape of the market has been studied in the report that provides the detailed profiles of the major market players.

Key players 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 by product, location, application, distribution channel and end user.

Breakdown by product:

bathtub
Sinks
toilets
take a shower
faucets and faucets
drains
Other

Separation by location:

bathroom
kitchen
Other

Separation by application:

new building
repair and renovation

Breakdown by sales channel:

On-line
Offline

Separation by end users:

residential
Commercially
Breakdown by region:

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

Ask the analyst for adjustments and explore the full report with TOC and list of figures: https://bit.ly/3uXUCCN

If you want the latest primary and secondary data (2022-2027) with cost module, business strategy, sales channel, etc., click Request Free Sample Report. The published report will be emailed to you in PDF format within 24-48 hours upon receipt of full payment.

Key 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
Comprehensive mapping of the competitive landscape
If you require specific information that is not currently in the scope of the report, we can provide it to you as part of the customization

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about us

IMARC Group is a leading market research company providing management strategies and market research worldwide. We work with clients across sectors and geographies to identify their most valuable opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products cover key market, scientific, economic and technological developments for executives in pharmaceutical, industrial and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food & beverage, travel & tourism, nanotechnology and advanced processing methods are at the forefront of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here

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Jul 18, 2022 11:58 am |


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