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Plumbing Fixtures & Fittings Market Overview, Top Key Players, Growth and Analysis by Forecast to 2022
Market research future published a raw research report on Global Plumbing fixtures & fittings market that contains the information from 2016 to 2022. Plumbing fixtures & fittings market is expected to grow with the CAGR of approximately 6% from 2016 to 2022.Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Plumbing fixtures & fittings market Information from 2016 to 2022"
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One of the key drivers for the growth of plumbing fixtures & fittings market is the increasing consumer interest for high value products. Demand for plumbing fixtures and fittings are projected to be boosted by the strong consumer interest in bathroom and kitchen renovation projects. Efforts for reducing water consumption is leading the house and business owners to replace old, less-efficient fixtures and fittings with new models that require less water, which further drives the growth of the market. The growing awareness of water scarcity will drive the environmentally conscious consumers towards replacing the traditional plumbing equipment with the new and advanced plumbing fixtures and fittings for saving water. Renovation in terms of shifting to new decorative plumbing fixtures and fittings from older fixtures and fittings is being done extensively by hotels and restaurants for impressing visitors and guests by improving aesthetics and boosting the property values.
The report has been analyzed based on the materials, applications and regions. On the basis of materials, the vitreous china segment is expected to contribute the largest market share as vitreous china is the most cost-effective material for domestic fixtures such as toilet bowls and washbasins. Plastic plumbing fixtures & fittings, made from a wide range of polymers such as fiberglass, cast polymer, and acrylic are also expected to grow significantly as they are tough and portable.
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Asia-Pacific accounts for the highest market share
Asia-Pacific region is expected to dominate the market, owing to its large population and the booming construction industry. The region is also a production hub for many plumbing fixtures and fittings companies as it offers production opportunities at affordable costs to many companies. In North America region, steady growth in housing constructions with design trends that call for homes with bigger bathrooms and kitchens, are expected to boost the demand for a wide range of plumbing products, thereby surging the demand in the plumbing fixtures and fittings market.
Ask for your specific company profile and country level customization on reports.
Geberit AG (Switzerland)
Jacuzzi Inc. (U.S.)
MAAX Bath Inc. (Canada)
Masco Corporation (U.S.)
Kohler Co. (U.S.),
LIXIL Group Corporation (Japan)
TOTO Ltd (Japan)
Roca Sanitario S.A. (Spain)
Elkay Manufacturing Company (U.S.)
Fortune Brands Home & Security, Inc. (U.S.)
This research report provides the insights, on various levels of analysis such as industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global plumbing fixtures & fittings market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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