11-26-2018 03:13 PM CET - Advertising, Media Consulting, Marketing Research
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Faucets Market - Growth & Industry Revenue By Top Key Players American Standard Brands (U.S.), LIXIL Group Corporation (Japan), Kohler Co. (U.S.), Fortune Brands Home & Security, Inc. (U.S.), Paini (UK) Ltd. (UK), Hansgrohe SE (German), Spectrum Brands (U

Press release from: Allied Market Research
Faucets Market
Faucets Market


Faucets are the metal and plastic plumbing fixture fittings more commonly known as a tap used for controlling the flow of water from a reservoir such as a tank or a pipeline by closing or opening an orifice. The application areas of faucets include bathrooms, kitchens, hotels, medical institutions, and others.

The faucets market gains worldwide popularity due to the growth in real estate industry leading to construction of residential and commercial buildings requiring faucets installation. Increase in disposable income of the consumers and the changes in consumer preferences and lifestyle, and exposure to international brands boost the faucets industry. Fragmented structure of the market because of the presence of various small and large vendors limits the growth. Increase in investment in industrial sector and growth in urban population are anticipated to make way for market growth in the coming years.

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The faucets market is segmented on the basis of applications, product type, materials, and geography. The segmentation for application includes bathroom, kitchen, and others. By product type, it is bifurcated into electronic and manual. By materials, it is classified into metal and plastics (PTMT). Based on geography, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The key players in the faucets market include American Standard Brands (U.S.), LIXIL Group Corporation (Japan), Kohler Co. (U.S.), Fortune Brands Home & Security, Inc. (U.S.), Paini (UK) Ltd. (UK), Hansgrohe SE (German), Spectrum Brands (U.S.), Zucchetti Rubinetteria S.p.A (Italy), Roca Sanitario S.A (Spain), and TOTO Ltd (Japan).

Key Benefits

• The study provides an in-depth analysis of the faucets market with current and future trends to elucidate the imminent investment pockets in the market.
• Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market.
• The report provides information regarding key drivers, restraints, and opportunities.
• Quantitative analysis of the current market and estimations through 2017-2023 are provided to showcase the financial caliber of the market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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