Sanitary Ware and Bathroom Accessories Market is likely to grow at a CAGR of 10.40%, Opportunities, Revenue, Industry Trends and Growth Forecast by 2029 – PR Newswire UK
LONDON, July 19, 2022 /PRNewswire/ — Data Bridge Market Research in its report titled of Global Sanitary Ware and Bathroom Accessories Market offers comprehensive insights and detailed research on this market. The report covers the key factors that are propelling the growth of the Sanitary Ware and Bathroom Accessories market, untapped lucrative opportunities for manufacturers, latest trends and latest developments that are shaping the growth of the market and other valuable insights across different market segments. To make the business successful, adopting such Global Sanitary Ware and Bathroom Accessories Market research report is one the vital keys. Market research study finds out the general market conditions while working on this report. It also figures out the probable market for a new product to be launched, assesses client company’s market share and possible sales volume. Moreover, it recognizes the types of consumers, their response and views about the products, and their thoughts for the step up of a product. The persuasive Sanitary Ware and Bathroom Accessories report also estimates the most appropriate method for the distribution of certain product.
Data Bridge Market Research analyses that the global sanitary ware and bathroom accessories market will project a CAGR of 10.40% for the forecast period of 2022-2029. Growth in the construction of smart bathrooms, growth and expansion of buildings and construction industry especially in the developing economies, rising research and development proficiencies by the major manufacturers and increasing personal disposable income are the major factors attributable to the growth of sanitary ware and bathroom accessories market.
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Sanitary ware and bathroom accessories refer to all the products such as tiles, walls, flooring, sinks, basins, toilet bowls, lavatories, taps, drains, soap dishes, shower heads, electrical appliances, etc. These are available in all kinds of shapes, sizes and designs.
Increased demand for sanitary ware and accessories equipped with advanced technologies and changing lifestyles of humans primarily in the developing economies are the major factors fostering growth of the market. Rising construction of smart bathrooms equipped with the latest technologies, surging concerns and awareness in maintaining hygiene and health and growing brand awareness will further create lucrative growth opportunities for the market. The growing number of celebrity endorsements, rising penetration of e-commerce platforms especially in the developing economies like India and China, rising awareness and consciousness towards saving energy and water and growing focus of the major manufacturers on technological advancements are other important factors bolstering the market growth rate.
Leading Key Players Operating in the Sanitary Ware and Bathroom Accessories Market Includes:
- LIXIL Corporation,
- Zurn Industries, LLC.,
- Masco Corporation,
- Bella Group,
- Freuer Faucets,
- Kohler Co.,
- Jaquar,
- VITRA INTERNATIONAL AG.,
- Kerovit,
- CERA Sanitaryware Limited.,
- Wenzhou Liangsha Sanitary Ware Co., Ltd..,
- BRIZO KITCHEN & BATH COMPANY.,
- Oras Ltd.,
- TOTO LTD.,
- Canac.,
- Hansgrohe,
- Roca Sanitario,
- S.A,
- Moen Incorporated,
- Villeroy & Boch AG and
- American Standard
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