Press release
Flushing Systems Market Expected Trends & Growth Analysis by 2023 Key Players Roca Sanitario, Alcaplast, Sanipex Group
A report on “Flushing Systems Market by Type, Technology, Installation Type, and End Users: Global Opportunity Analysis and Industry Forecast, 2014-2023,” published by Allied Market research states that the global factory automation market is expected to reach $2,719.14 million by 2023 from $2,270.47 million in 2016, growing at a CAGR of 2.67% from 2016 to 2023.The growth of the market for flushing systems is driven by factors such as growing awareness towards hygiene and propensity to spend on toilet accessories, rise in disposable income of consumers, increase in urbanization and change in consumer lifestyle, heavy investment in smart homes, and adoption of water-efficient factors.
However, regulatory requirements and the fluctuations in foreign currencies exchange hinder the growth of the flushing systems market. Conversely, the advancement in plumbing technology & water-efficient plumbing as well as growing popularity of touchless flush toilets offer lucrative opportunities for the growth of the market.
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In 2016, the gravity flush-based flushing systems, accounted for the maximum revenue share in the overall flushing systems market by technology, owing to their lower cost of operations and large market penetration. However, the tornado flush-based flushing systems is expected to provide profitable opportunities to the manufacturers owing to their superior technology resulting in efficient flushing through low water consumption.
Key Findings of the Flushing Systems Market:
•In 2016, the gravity flush type accounted for the maximum revenue and is projected to grow at a notable CAGR of 1.40% during the forecast period.
•The pressure-assisted flushing systems segment accounted for around 18.19% in the flushing systems market in 2016.
•China and India held more than half of the market share in 2016.
Based on installation type, the rear wall mounting segment is expected to grow at a fastest CAGR of 3.19% owing to their ability to integrate within the wall resulting in more spacious restrooms. Moreover, the sensor and remote-control segments in the flushing systems market is also projected to generate attractive business opportunities during the forecast period (2017-2023).
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Asia-Pacific accounted for the major share of the global flushing systems market in 2016 owing to the increase in demand due to rapid urbanization from emerging economies. However, LAMEA is estimated to grow at the highest rate owing to significant increase in population as well as growth in number of residential construction and related projects in the regions. Conversely, rapid urbanization and development of efficient flushing systems are expected to offer lucrative opportunities for growth of the business.
Key Benefits:
•The study provides an in-depth analysis of the global flushing systems market and current & future trends to elucidate the imminent investment pockets.
•Information about key drivers, restrains, and opportunities and their impact analysis on the market is provided.
•Porter’s Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.
•The quantitative analysis of the market from 2017 to 2023 is provided to determine the market potential.
The key players profiled in the flushing systems market include Alcaplast, s.r.o., Gaberit AG, Kazema General Trading LLC, Grohe Limited, Roca Sanitario, S.A., Sanipex Group, COTTO, SCHELL GmbH & Co. KG, TOTO Ltd., and Wirquin. Market players have adopted various strategies such as product launch, collaboration & partnership, and acquisition to expand their foothold in the market.
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About Us:
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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