Plumbing Fixtures Market Expected to Reach $1,12,427 Million, Brief Analysis on Top Key players Kohler Co, Globe Union Industrial Corporation, Lixil Group Corporation, Toto Ltd., Masco Corporation, MAAX Holdings, Inc., Hansgrohe, Roca Sanitario, Bradley C

The plumbing fixtures market in Asia-Pacific is expected to grow at the highest rate during the forecast period, owing to growth in urbanization, high infrastructure facilities, and improvement in living standards of the consumers. Furthermore, continuous economic development in countries, such as India, China, and Australia, are expected to provide numerous growth opportunities to the market.

According to a new report published by Allied Market Research, titled, Plumbing Fixtures Market by type and End user: Global Opportunity Analysis and Industry Forecast, 2017-2023, the plumbing fixtures market was valued at $ 75,042 million in 2016, and is projected to reach at $ 1,12,427 million by 2023, growing at a CAGR of 6.0% from 2017 to 2023. Asia-Pacific is expected to be the leading contributor to the global plumbing fixtures market, followed by Europe and North America.

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Increase in disposable income of consumers, growth in urbanization, and changing lifestyle patterns of consumers, and rise in standard of living encourages the adoption of bathroom and kitchen fixtures in the industry and thus drive the plumbing fixtures market growth. In addition, high growth in construction activities in the regions of Asia-Pacific such as India and china are expected to fuel the growth of plumbing fixtures market, However, the fluctuating cost of raw materials and regulatory requirements regarding the showerheads and faucets are expected to hinder the plumbing fixtures market growth. Various advancements in plumbing technology and introduction of water efficient plumbing such as flow faucets & sensors and dual flush toilets which helps in conserving fresh water to a large extent is expected to provide numerous opportunities in the plumbing fixtures market.

In 2016, the bathroom fixtures segment, which includes showerheads, bathtubs, toilets, and others accounted for the maximum revenue share in the overall plumbing fixtures market as they are widely used in the residential sector owing to investment in smart homes and rising bathroom renovation facilities. Residential segment is expected to grow at a fastest CAGR of 6.3% in the plumbing fixtures market owing to the various investments in infrastructure facilities as well as growth in urbanization.

The region-wise analysis of the global plumbing fixtures covers North America, Europe, Asia-Pacific, and LAMEA. Various countries covered under each region are studied and analyzed to identify the major trends demonstrated by these respective regions. Asia-Pacific dominated the market in 2016, followed by Europe.

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With rising urbanization and overall growth in construction activities, homeowners and builders are widely adopting plumbing fixtures. According to the United Nations, world urbanization prospects, 2014 revision, around 54% of the world population lived in urban areas and another 2.5 billion will be added by 2050. As people are moving to urban areas, they are expected to adopt newer facilities such as luxury plumbing fixtures in their kitchens and bathrooms.

As the disposable income of consumers increases, they are more likely to spend on these products. Indias annual GDP growth was 7.3% in 2015 whereas the GDP growth rate in Bangladesh was 6.3%, which was 6.1 % in 2014. Due to high growth in these regions, the market for plumbing fixtures is expected to grow at a faster rate.

Owing to the willingness of consumers to spend on various construction activities and home renovations, the market of plumbing fixtures is expected to grow at a faster pace. Bathroom renovations and willingness to spend on high quality fixtures such as shower heads and faucets, supports the overall plumbing fixtures market growth.

The raw materials used in plumbing fixtures are expected to fluctuate from time to time. The fixtures must adhere to certification and standardization in order to ensure safety and security. Moreover, the stringent regulations imposed on the quality of material such as lead, tin, and nickel to be used in the bathroom as well as kitchen fixtures are expected to hamper the plumbing fixtures market growth.

Table of Content:

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.1. RESEARCH METHODOLOGY

1.1.1. Secondary research
1.1.2. Primary research
1.1.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. POTERS FIVE FORCES ANALYSIS

3.3.1. High bargaining power of suppliers
3.3.2. Moderate bargaining power of buyers
3.3.3. Low threat of substitution
3.3.4. High threat of new entrants
3.3.5. High competitive rivalry

3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Rise in disposable income
3.4.1.2. Growth in urbanization and changing lifestyle patterns of consumers
3.4.1.3. Heavy investments in smart homes

3.4.2. Restraints

3.4.2.1. High cost of raw materials
3.4.2.2. Regulatory requirements

3.4.3. Opportunities

3.4.3.1. Advancement in plumbing technology & water efficient plumbing

Chapter: 4 PLUMBING FIXTURES MARKET, BY TYPE

4.1. OVERVIEW
4.2. BATHROOM FIXTURES

4.2.1. Key market trends
4.2.2. Showerheads
4.2.3. Bathtubs
4.2.4. Toilets
4.2.5. Others
4.2.6. Key growth factors and opportunities
4.2.7. Market size and forecast

4.3. KITCHEN FIXTURES

4.3.1. Key market trends
4.3.2. Sinks
4.3.3. Faucets
4.3.4. Key growth factors and opportunities
4.3.5. Market size and forecast

Chapter: 5 PLUMBING FIXTURES MARKET, BY END USER

5.1. OVERVIEW
5.2. RESIDENTIAL

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. NON-RESIDENTIAL

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

Chapter: 6 PLUMBING FIXTURES MARKET, BY REGION

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.2.3.1. U.S.
6.2.3.2. CANADA
6.2.3.3. Mexico

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Market size and forecast

6.3.2.1. UK
6.3.2.2. Germany
6.3.2.3. France
6.3.2.4. Italy
6.3.2.5. Rest of Europe

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.4.3.1. India
6.4.3.2. China
6.4.3.3. Japan
6.4.3.4. South Korea
6.4.3.5. Rest of Asia-Pacific

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.5.3.1. Latin America
6.5.3.2. Middle East
6.5.3.3. Africa

Chapter: 7 COMPANY PROFILES

7.1. KOHLER CO

7.1.1. Company Overview
7.1.2. Company snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance:

7.2. GLOBE UNION INDUSTRIAL CORPORATION

7.2.1. Company Overview
7.2.2. Company snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance:

7.3. LIXIL GROUP CORPORATION

7.3.1. Company Overview
7.3.2. Company snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance:

7.4. TOTO LTD

7.4.1. Company Overview
7.4.2. Company snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance:

7.5. MASCO CORPORATION

7.5.1. Company Overview
7.5.2. Company snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance:

7.6. MAAX HOLDINGS, INC.

7.6.1. Company Overview
7.6.2. Company snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance:

7.7. HANSGROHE

7.7.1. Company Overview
7.7.2. Company snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance:

7.8. ROCA SANITARIO

7.8.1. Company Overview
7.8.2. Company snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance:

7.9. BRADLEY CORPORATION

7.9.1. Company Overview
7.9.2. Company snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance:

7.10. ELKAY MANUFACTURING COMPANY

7.10.1. Company Overview
7.10.2. Company snapshot
7.10.3. Operating Business Segments
7.10.4. Business Performance

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