The Global Residential Faucets Market is expected to grow by $ 5.84 bn during 2022-2026, accelerating at a CAGR of 9.1% during the forecast period

NEW YORK, November 21, 2022 /PRNewswire/ —

Global Household Faucets Market 2022-2026
The analyst has been monitoring the household faucet market and is poised to continue growing $5.84 billion in 2022-2026, accelerating at a CAGR of 9.1% over the forecast period. Our Household Faucet Market report provides a holistic analysis, market size and forecast, trends, growth drivers and challenges, and vendor analysis of around 25 vendors.

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The report provides an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product premiumization through product innovation and a wide range of products, a growing home improvement market and increasing demand from APAC.
Household Faucets Market analysis covers application segment and geographic landscape.

The Household Faucets market is segmented as follows:
through application
• Bathroom fixtures
• Kitchen taps

By geographic landscape
• North America
• Europe
• The middle East and Africa
• South America

This study identifies increasing demand from emerging markets as one of the main reasons behind the growth of the household faucet market in the next few years. Also, the introduction of smart faucets and an increase in M&A activity will lead to significant demand in the market.

The analyst presents a detailed picture of the market by examining, synthesizing and summing up data from multiple sources through an analysis of key parameters. Our domestic faucet market report covers the following areas:
• Market sizing for water slopes in residential areas
• Residential Fittings Market Forecast
• Industry analysis of Waterfall Market

This solid vendor analysis aims to help clients improve their market position and in line with this, this report provides a detailed analysis of several leading vendors in the domestic faucet market including CERA Sanitaryware Ltd, Delta Faucet Co, Fortune Brands Home and Security Inc, Kingston Brass Inc., Kohler Co., Kraus United States of America Inc., LIXIL Corp., LIXIL Water Technology Americas, Lowes Companies Inc., Masco Corp., Moen Inc., Oras Ltd., Spectrum Brands Holdings Inc., The Jaquar Group, Toto Ltd., Ultra Faucets, VIGO INDUSTRIES LLC and Zurn Water Solutions Corp In addition, Household Faucet Market analysis report provides information about upcoming trends and challenges that will influence market growth. This is designed to help companies strategically plan and capitalize on any upcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information, including input from key industry participants. In addition to an analysis of the most important providers, the report contains a comprehensive market and provider landscape.

The analyst presents a detailed picture of the market by examining, synthesizing and summing up data from multiple sources through an analysis of key parameters such as profit, pricing, competition and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable and the result of extensive research – both primary and secondary. Technavio market research reports provide a complete competitive landscape and detailed vendor selection methodology and analysis that uses qualitative and quantitative research to predict accurate market growth.

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