Plumbing Fixtures Market by Product Type, Distribution Channel, End User 2022-2027

Author: Elena Anderson

Marketing Manager

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Global Plumbing Fixtures Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled " Plumbing Fixtures Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2 022-2027

," the global plumbing fixtures market reached a value of US$ 80.3 Billion in 2021.

Plumbing fixtures refer to devices or receptacles attached to a plumbing system that supplies water throughout a building. Some of the most commonly installed plumbing fixtures include sinks, toilets, urinals, faucets, showers, bathtubs, water closets, washbasins, and flushing cisterns. They are manufactured using smooth, non-corrosive, non-absorbent, and anti-microbial materials that promote easy cleaning.

They are designed to carry water or discharge sewage and liquid waste into the drainage system connected to them directly or indirectly. As a result, plumbing fixtures are widely installed in kitchens, bathrooms, washrooms, and different parts of residential, commercial, and industrial buildings.

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Global Plumbing Fixtures Market Trends:

The shifting consumer inclination toward modern homes represents the primary factor driving the market growth. Moreover, the increasing home construction and renovation activities due to the expanding population, rapid urbanization, and elevating income levels is another major growth-inducing factor. In addition, plumbing fixtures are gaining traction in commercial establishments, such as hotels, gyms, restaurants and resorts, to maintain hygiene standards and enhance the customer experience. Besides this, the rising preferences for luxury kitchens and washrooms that are functional and aesthetically appealing, especially among the urban population, have augmented the product demand. Furthermore, the leading manufacturers are introducing eco-friendly plumbing fixtures that save cost, provide superior performance, minimize carbon footprint, and reduce the wastage of water and energy.

In line with this, the surging popularity of innovative water-efficient fixtures and plumbing technology, such as low flow faucets and sensors and dual flush toilets, that promote freshwater conservation has catalyzed market growth. Other factors, including the escalating demand for premium quality plumbing fixtures, rising consumer spending on smart homes, growing adoption of ceramic sanitary ware, extensive investments in infrastructure development, and increasing hygiene consciousness, are also creating a favorable market outlook.

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Looking forward, IMARC Group expects the market value to reach US$ 109.2 Billion by 2027, expanding at a CAGR of 5.17% during the forecast period (2022-2027).

View Report TOC, Figures and Tables: https://www.imarcgroup.com/plumbing-fixtures-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Product:

• Bathtub

• Sinks

• Toilets

• Showers

• Faucets and Taps

• Drains

• Others

Breakup by Location:

• Bathroom

• Kitchen

• Others

Breakup by Application:

• New Construction

• Repair and Renovation

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Breakup by Distribution Channel:

• Online

• Offline

Breakup by End User:

• Residential

• Commercial

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

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Competitive Landscape with Key Players:

• Bradley Corporation

• Elkay Manufacturing Company

• Globe Union Industrial Corp

• Hansgrohe SE (Masco Corporation)

• Kohler Co

• LIXIL Corporation

• MAAX Bath Inc. (American Bath Group)

• Moen Incorporated (Fortune Brands Home & Security Inc.)

• Roca Sanitario S.A

• Toto Ltd

1. How has the global plumbing fixtures market performed so far and how will it perform in the coming years?

2. What has been the impact of COVID-19 on the global plumbing fixtures market?

3. What are the key regional markets?

4. What is the breakup of the market based on the product?

5. What is the breakup of the market based on the location?

6. What is the breakup of the market based on the application?

7. What is the breakup of the market based on the distribution channel?

8. What is the breakup of the market based on the end user?

9. What are the various stages in the value chain of the industry?

10. What are the key driving factors and challenges in the industry?

11. What is the structure of the global plumbing fixtures market and who are the key players?

12. What is the degree of competition in the industry?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/plumbing-fixtures-market/toc

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