Press release
Plumbing Fixtures Market Growing at a CAGR of 6.0% - In -Depth Analysis of Top Impacting Factors with Leading Players Kohler Co, Globe Union Industrial Corporation, Lixil Group Corporation, Toto Ltd., Masco Corporation, MAAX Holdings, Inc., Hansgrohe, Roc
Allied Market Research recently published a report, titled, "Plumbing Fixtures Market by Fixture Type (Bathroom Fixtures and Kitchen Fixtures) and by End User (Residential and Non-residential) and Geography - Global Opportunity Analysis and Industry Forecast, 2017-2023. The research offers a detailed analysis on changing market dynamics, key investment pockets, major segments, and market competition. According to the report, the global plumbing fixtures market generated $79.13 billion in 2017, and is expected to reach $112.42 billion by 2023, growing at a CAGR of 6% from 2017 to 2023.Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/2403?utm_source=OPR
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.
Rapidly growing urbanization and rise in construction activities, change in consumer lifestyle and rise in their disposable income, and increased consumer desire to spend more on advanced fixtures such as smart showerheads and faucets drive the growth of the industry. However, high cost of raw materials and regulatory requirements restrain the growth of the market. Conversely, advancement 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 create new opportunities for growth of the market.
Among fixture types, the bathroom fixtures segment accounted for 83.6% of the overall market share in 2017 and would retain its dominance through 2023, owing to the demand for quality and value for money as well as growing focus on high standard of living fueled the demand for mounted bathtubs, eco-friendly showerheads, and energy conservative toilets in the market. Moreover, growing importance of touch free bathrooms and toilets for comfort and aesthetics boosts the demand for the segment. However, the kitchen fixtures segment is expected to grow at the fastest CAGR of 7.0% through the study period. This is due to the increasing demand for sophisticated kitchen styling for various household purposes such as washing and cleaning utensils as well as vegetables. Moreover, remodeling and huge investment in kitchen facilities due to increased disposable income of consumers will further boost the growth of the market.
Among end-users, the residential segment grabbed the largest market share of more than two-thirds in 2017 and would maintain its revenue lead through 2023. The segment would also grow at the highest CAGR of 6.3% from 2017 to 2023. Growth in construction of residential buildings is leading to increased installation of various luxurious fixtures such as rain showerheads, handheld showerheads, and ceiling showerheads, thereby driving the growth of the segment. The non-residential segment would grow at a steady rate during the forecast period.
Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/2403?utm_source=OPR
Asia-Pacific captured more than two-thirds of the overall market share in 2017 and is likely to dominate the market through 2023. The segment is also expected to register the fastest CAGR of 6.6% from 2017 to 2023. The disposable income of middle-class population in countries of Asia-Pacific such as India and China is rising rapidly due to higher economic growth. Thus, their ability to spend more on home and building renovations will lead to higher adoption of high-end fixtures, thereby fueling the growth of the market in the region. The other regions analyzed in the report include North America, Europe, and LAMEA (Latin America, Middle East and Africa).
Leading market players analyzed in the research include Kohler Co, Globe Union Industrial Corporation, Lixil Group Corporation, Toto Ltd., Masco Corporation, MAAX Holdings, Inc., Hansgrohe, Roca Sanitario, Bradley Corporation, and Elkay Manufacturing Company. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.
Key Findings of the Plumbing Fixtures Market
• In 2016, the showerheads segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 5.3% during the forecast period.
• The residential segment accounted for 67.7 % in the global plumbing fixtures market.
• The U.S. is the major shareholder in the North America plumbing fixtures market, accounting for more than71 % share in 2016.
LIST OF TABLES
TABLE 1.GLOBAL PLUMBING FIXTURES MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 2.GLOBAL BATHROOM PLUMBING FIXTURES MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 3.GLOBAL KITCHEN PLUMBING FIXTURES MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 4.BATHROOM PLUMBING FIXTURES MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 5.KITCHEN PLUMBING FIXTURES MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 6.GLOBAL PLUMBING FIXTURES MARKET, BY END USER, 2016-2023($ MILLION)
TABLE 7.RESIDENTIAL PLUMBING FIXTURES MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 8.NON-RESIDENTIAL PLUMBING FIXTURES MARKET REVENUE, BY REGION, 2016-2023($MILLION)
TABLE 10.PLUMBING FIXTURES MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 11.NORTH AMERICA PLUMBING FIXTURES MARKET REVENUE, BY COUNTRY ($MILLION), 2016–2023
TABLE 12.NORTH AMERICA PLUMBING FIXTURES MARKET REVENUE, BY END USER($MILLION), 2016-2023
TABLE 13.EUROPE PLUMBING FIXTURES MARKET REVENUE, BY COUNTRY ($MILLION), 2016–2023
TABLE 14.EUROPE PLUMBING FIXTURES MARKET REVENUE, BY END USER ($MILLION), 2016-2023
TABLE 15.ASIA-PACIFIC PLUMBING FIXTURES MARKET REVENUE, BY COUNTRY($MILLION), 2016-2023
TABLE 16.ASIA-PACIFIC PLUMBING FIXTURES MARKET REVENUE, BY END USER($MILLION), 2016-2023
TABLE 17.LATIN AMERICA PLUMBING FIXTURES MARKET REVENUE, BY COUNTRY($MILLION), 2016-2023
TABLE 18.LATIN AMERICA PLUMBING FIXTURES MARKET REVENUE, BY END USER($MILLION) 2016-2023
TABLE 19.KOHLER CO.: COMPANY SNAPSHOT
TABLE 20.KOHLER CO: OPERATING SEGMENTS
TABLE 21.GLOBE UNION INDUSTRIAL CORPORATION: COMPANY SNAPSHOT
TABLE 22.GLOBE UNION INDUSTRIAL CORPORATION: OPERATING SEGMENTS
TABLE 23.LIXIL GROUP CORPORATION: COMPANY SNAPSHOT
TABLE 24.LIXIL GROUP CORPORATION: OPERATING SEGMENTS
TABLE 25.TOTO LTD: COMPANY SNAPSHOT
TABLE 26.TOTO LTD: OPERATING SEGMENTS
TABLE 27.MASCO CORPORATION: COMPANY SNAPSHOT
TABLE 28.MASCO CORPORATION: OPERATING SEGMENTS
TABLE 29.MAAX HOLDINGS, INC: COMPANY SNAPSHOT
TABLE 30.MAAX HOLDINGS, INC: OPERATING SEGMENTS
TABLE 31.HANSGROHE: COMPANY SNAPSHOT
TABLE 32.HANSGROHE: OPERATING SEGMENTS
TABLE 33.ROCA SANITARIO: COMPANY SNAPSHOT
TABLE 34.ROCA SANITARIO: OPERATING SEGMENTS
TABLE 35.BRADLEY CORPORATION: COMPANY SNAPSHOT
TABLE 36.BRADLEY CORPORATION: OPERATING SEGMENTS
TABLE 37.ELKAY MANUFACTURING COMPANY: COMPANY SNAPSHOT
TABLE 38.ELKAY MANUFACTURING COMPANY: OPERATING SEGMENTS
Access Full Summery @ https://www.alliedmarketresearch.com/plumbing-fixtures-market?utm_source=OPR
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.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Plumbing Fixtures Market Growing at a CAGR of 6.0% - In -Depth Analysis of Top Impacting Factors with Leading Players Kohler Co, Globe Union Industrial Corporation, Lixil Group Corporation, Toto Ltd., Masco Corporation, MAAX Holdings, Inc., Hansgrohe, Roc here
News-ID: 1573563 • Views: …
More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…

Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…

Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…

Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for TABLE
Bedside Table With Over-Bed Table Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Bedside Table With Over-Bed Table Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The global market for bedside tables with over-bed tables is experiencing significant growth due to the rising demand for multifunctional furniture. These…
Table Linen Market to Witness Revolutionary Growth by 2030 | IKEA, URQUILDLINEN, …
Global "Table Linen Market" Research report is an in-depth study of the market Analysis. Along with the most recent patterns and figures that uncovers a wide examination of the market offer. This report provides exhaustive coverage on geographical segmentation, latest demand scope, growth rate analysis with industry revenue and CAGR status. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of…
Table Tennis Table Market: Competitive Dynamics & Global Outlook 2024
LP INFORMATION offers a latest published report on Table Tennis Table Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Table Tennis Table market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019.…
Table Linen Market Forecast 2017-2022: IKEA, URQUILDLINEN, Premier Table Linens, …
Global Table Linen Market Research Report
A market study ” Global Table Linen Market ” examines the performance of the Table Linen market 2017. It encloses an in-depth Research of the Table Linen market state and the competitive landscape globally. This report analyzes the potential of Table Linen market in the present and the future prospects from various angles in detail.
Inquiry For Sample Report, Click Here: http://bit.ly/2s0g8nd
The Global Table Linen Market…
Global and Chinese Table Tennis Table Market Demand Growth Report 2017
Research carried out a market study on the Table Tennis Table market. The report titled, “Table Tennis Table ”, is an in-depth analysis of the Table Tennis Table market and offers important insights related to the market such as market share, size and growth. The presented study discusses the current trends, opportunities and the challenges in the Table Tennis Table market. Key statistics, growth prospects and the current status…
Billiard Table Manufacturer, Pool Table Supplies
Chevillotte Billiards manufactures the highest standard quality billiards table in the world. Our manufacturing facility has been making billiard table and it's accessories since the 1860's and earned a lots of name and respects in the billiards industry. We manufacture our billiards products as per the requirements of the clients and also assist customized solutions to them. Our range is designed as per the latest market trends and is ideal…