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.
Livin, a home appliance company,
launched an affordable water saving digital shower in February 2018. The
company has made endeavor to collaborate the new age technology with the classy
design. The product is compatible with Google Home and Amazon Echo. The unique
temperature control algorithm arranges the appropriate water temperature in the
least possible amount of time. Livin also offers shower app, which helps the
user in personalizing the temperature and time.
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
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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
Plumbing
Fixtures Deployment Outlook (Revenue, USD Billion, 2015 - 2025)
- Residential
- Commercial
Plumbing
Fixtures Location Outlook (Revenue, USD Billion, 2015 - 2025)
- Bathroom
- Kitchen
- Others
Plumbing
Fixtures Application Outlook (Revenue, USD Billion, 2015 - 2025)
- New Construction
- Repair & Remodel
Plumbing
Fixtures Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
- Online
- Offline
Plumbing
Fixtures Regional Outlook (Revenue, USD Billion, 2015 - 2025)
- North America
- U.S.
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Central & South America
- Brazil
- Middle East & Africa
(MEA)
- UAE
About
Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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