Plumbing Fixtures Market Boosting The Growth, Trends, And Efficiencies Forecast 2025

22/feb/2021 12:15:39 Grand View Research Contatta l'autore

The global plumbing fixtures market size is expected to reach USD 121.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.8% over the forecast period. Increasing preference for washrooms and kitchens that are not only functional but also have an aesthetic appeal is expected to promote demand for plumbing fixtures. Furthermore, growing popularity of ceramic has propelled the working-class population to spend on beautifying one’s washrooms and kitchens.

In March 2019, American Standard, a leading provider of bathroom and kitchen fixtures, launched Genie hand showers for cities including Manila, Mumbai, Bangkok, and Jakarta. The hand shower features 120 micro spray holes that guarantees vigorous water flow even under low pressure. It has been designed to easily spot slime and mineral deposits and assist in frequent cleaning.

In February 2019, Moen Incorporated and Nebia jointly launched a new showerhead under the brand name, Nebia Spa Shower 2.0. The product is claimed to consume 65% less water in comparison to the conventional showerheads. Furthermore, the company utilizes a unique technology that atomizes water into millions of tint droplets, which enhance the surface area of water by ten folds. In comparison to its previous version, the product has been modified to offer warmer experience, better coverage, and improved water pressure.

In January 2019, Kohler launched Numi 2.0 intelligent toilets with KOHLER Konnect. These advanced toilets offer personalized experience, wherein the users can fine-tune all the involved factors including light, music, seat temperature, along with hand free cleansing facilities with exceptional water efficiencies. Numi 2.0 delivers hands-free control, personalized cleansing functionality, and exceptional water efficiency. It is equipped and embedded with Amazon Alexa.

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Plumbing Fixtures Market Report Highlights

·         By product, toilets accounted for more than 20.0% share of the global revenue in 2018

·         Commercial deployment accounted for a plumbing fixtures market share of more than 50.0% in 2018

·         North America held a revenue share of more than 25.0% in 2018

·         Online distribution channel is expected to expand at a CAGR of 5.3% from 2019 to 2025

Plumbing Fixtures Market Segmentation

Grand View Research has segmented the global plumbing fixtures market on the basis of product, deployment, location, application, distribution channel, and region:

Plumbing Fixtures Product Outlook (Revenue, USD Billion, 2015 - 2025)

·         Bathtubs

·         Sinks

·         Toilets

·         Showers

·         Faucets & Taps

·         Drains

·         Others

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