Universal $9.54 Bn Bathroom Vanities Market | American Woodmark, FOREMOST GROUPS INC, Masco, Avanity Corporation and MasterBrand Cabinets

A Research Study Titled, “Bathroom Vanities Market by Material and Application - Global Industry Analysis and Forecast to 2022” published by Crystal Market Research, states that the Bathroom Vanities Market Is Projected To Be Around $9.54 Billion By 2022.

The Bathroom Vanities Market was worth USD 5.50 billion in the year of 2012 and is expected to reach approximately USD 9.54 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 5.08% during the forecast period. A bathroom vanity can be characterized as the blend of the bathroom basin or sink and the storage that encompasses it. It is for the most part thought of similar to a bit of bathroom cabinetry that is intended to hold the sink and cover the related pipes and in addition giving truly necessary storage. The benchtop is additionally a critical piece of the bathroom vanity and benchtops are accessible in wood, reconstituted stone, cement, laminate, stone, and more. Bathroom vanities are produced using diverse materials however they are normally resistant to moisture or water, since bathrooms are mostly meant to be wet all the time. As the vanity is practically one of the main centerpieces of the bathroom, you will find that they arrive in a stunning scope of designs, sizes, and shapes. They can be exceptionally limited and sufficiently wide to hold the sink, or they can traverse the whole length of a bathroom wall. The size will for the most part rely upon the measure of the bathroom itself as it is essential that the vanity is in extent.

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Competitive Insights:

Producers contend on quality and configuration to improve share of the market and use through branding. Some of the major players in the market are American Woodmark, FOREMOST GROUPS INC, Masco, Avanity Corporation and MasterBrand Cabinets. The market is dominated by Masco trailed by American Woodmark and MasterBrand. Broad item portfolio, knowledge of the industry, advancement and application skill has empowered Masco to increase huge and faithful client base.

Material Outlook and Trend Analysis:

Bathroom vanity materials comprise metal, wood, glass, stone and ceramic. Wood is majorly used as part in cabinets; contemporary cabinetry is generally frameless and usually built with materials that are engineered for example, chipboard, plywood or Medium density fiber (MDF). The apparent surface of this material is normally clad in plastic paint, timber finish, or laminates. Expanded concentrate on client experience or availability combined with copious enhancements, for example, creative storage choices, rollouts, pullouts for styling items, hair dryers or cosmetics is progressively picking up demand for better materials in the bathroom applications. Increasing demand for MDF in place of the solid wood material is anticipated to transform the wood-based cabinetry market. Engineered stone, for example, quartz has developed as a standout amongst the most favored materials for bathroom applications. This can be ascribed to the uniform inward structure, low upkeep, and solid polymer resin binding and non-porous features. Glass countertops are available in a wide range of assortments, for example, reused high-density polyethylene countertop material, strong glass, and glass with LED backlighting. The glass material can be utilized as a part of slabs, doors, and countertop applications. This material can likewise be utilized as backsplashes or tiles that are fixed with the bureau tops. Interest for reused glass in bathroom vanities market is anticipated to ascend throughout the following years. The material has non-permeable, non-chipping or splitting features and is likewise lighter than some other countertop material.

The global Bathroom Vanities Market is segmented as follows :

Bathroom Vanities Market, By Material:

Stone
Ceramic
Glass
Wood
Metal

Bathroom Vanities Market, By Application:

Residential
Non-Residential

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Application Outlook and Trend Analysis:

The bathroom vanities market is divided by applications in non-residential and residential areas. Growing demand of new house and renovating activities in the past years has significantly enhanced the market penetration in the residential section. Increasing interest for vanities with esteem included pleasantries, for example, built-in chips and pull-out drawers that permit use of electric toothbrushes and hair curlers off the counter is relied upon to spur the bathroom vanities market over the figure time frame. Growing requirement for non-residential applications can be ascribed to activities of construction and renovation of retail shops, hotels, healthcare facilities, offices and schools.

Bathroom Vanities Market, By Region:

North America - U.S, Canada, Mexico

Europe - Germany, France, UK, Italy, Spain, Rest of Europe

Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific

Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

Regional Outlook and Trend Analysis:

Asia Pacific is anticipated to encounter critical development over the figure time frame. This can be ascribed to developing real-estate sector and emerging facilities of infrastructure. The regional market is anticipated to encounter developing demand from both residential and non-residential spaces because of developing urbanization.

Bathroom Vanities Market, List of Tables:

Table 1.Global Bathroom Vanities Market, By Material, 2012-2022 ($Million)
Table 2.Stone Market, By Region, 2012-2022 ($Million)
Table 4.Ceramic Market, By Region, 2012-2022 ($Million)
Table 5.Glass Market, By Region, 2012-2022 ($Million)
Table 6.Wood Market, By Application, 2012-2022 ($Million)
Table 7.Metal Market, By Region, 2012-2022 ($Million)
...

Bathroom Vanities Market, List of Figures:

Figure 1.Global Bathroom Vanities Market Share, By Material, 2016 & 2025
Figure 2.Global Bathroom Vanities Market, By Application, 2016, ($Million)
Figure 3.Global Bathroom Vanities Market, By Region, 2016, ($Million)
Figure 4.Albemarle Countertops: Net Revenues, 2014-2016 ($Million)
Figure 5.Albemarle Countertops: Net Revenue Share, By Segment, 2016
...

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Key findings of the Bathroom Vanities Market -

• In 2013 the residential application portion represented the biggest share of the market and is additionally anticipated that would create high income through the estimate time frame. Rising interest for renovating and rebuilding exercises has prompted noteworthy increment in the market entrance in the residential part. Configuration patterns for vast storage cabinets and medicines are additionally to advance gains.

• Non-residential application section is relied upon to witness development over the conjecture time frame. Rising offices, education, healthcare, and retail shop construction expenditure is relied upon to help interest for bathroom vanities, as these structures fuse secure capacity with lesser space necessities.

• Asia Pacific represented more than 30 percent of the general share of the overall industry in 2013 and is foreseen to witness high development because of quick establishments of cabinets in new and existing homes and additionally non-residential structures.

• China is relied upon to witness powerful demand; developing urbanization is anticipated to help foundation advancement in the district. North America is required to witness high development because of rising customer demand towards premium bathroom highlights.

TO BE CONTINUED…

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