Report Description Report Description and Highlights

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.