Bathroom accessories market size, share, trends, industry analysis and forecast to 2025 – Hunter Women’s Chronicle – Hunter Women’s Chronicle
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The industry is expected to reach a value of $4.99 billion in 2025. The global average market penetration rate for bathrooms globally is around 25% with the US accounting for more than half of the market share.
This report gives in-depth insights into the global bathroom accessories market size, trends, share, and forecast to 2025. Key players are profiled with revenue data and product details. The study answers questions such as: what is the size of the global market for bathroom accessories? What is driving growth in this market? Which are the leading players and which are the emerging players?
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The global bathroom accessories market size was valued at USD 7.71 billion in 2017 and is projected to reach USD 10.82 billion by 2025, at a CAGR of 4.7% during 2018-2025.
Industry Forecast of Bathroom Accessories Market
The bathroom accessories market is expected to reach a value of US$21.6 billion in 2025, according to the latest research.
Trends in the bathroom accessories industry
Of the total market size, North America is estimated to account for more than 50% and Europe accounts for 31%. Asia Pacific is estimated to account for 10% of the bathroom accessories industry. Increasing preference towards luxury products and increasing spending capacity of consumers have been the important factors driving demand in the bathroom accessories market.
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The global bathroom accessories market size is expected to reach US$19.7 billion by 2025, growing at a CAGR of 4.8% from 2017 to 2025.
The global bathroom accessories market comprises of products like towels, rugs, mats, floor tiles and other materials used to beautify the bathroom. The global bathroom accessories market is estimated to generate revenue of over USD 6.25 billion by 2025.