openPR Logo
Press release

Luxury Plumbing Fixtures Market 2019 - Analysis and Opportunity Assessment to 2025

07-12-2019 08:18 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Luxury Plumbing Fixtures Market

Luxury Plumbing Fixtures Market

Increasing consumer spending to gain enhanced features and aesthetic appeal in kitchen and bathroom will drive luxury plumbing fixtures market growth. Factors such as improved economic conditions and rising disposable income is likely to influence product demand. Surge in preference for water efficient and environmentally sustainable solutions is expected to propel market penetration.
Luxury Plumbing Fixtures Market in APAC represents over 25% of the demand in 2016. Rapid commercial sector expansion owing to increasing number of international investors in the region has positively influenced regional market growth.

Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/2380

Advancement in plumbing industry pertaining to new generation attractive fitting are shifting consumer spending on upgraded interiors. Motion sensor faucets, dual-flush toilets, and bathroom integrated with audio/video system are some of the examples of luxury plumbing fixtures.

Global luxury plumbing fixtures market share includes:
• Toto
• Matco-Norca
• Cera Sanitary Ware
• Delta
• Sterling Faucet
• Kohler
• Natphil
• Fiberez Bathware
• Little giant
• Moen
• American standard
• Grohe
• Noble corporation

Entrance of conventional manufactures to provide high-end fixtures makes the industry more fragmented.

Luxury Plumbing Fixtures Market, by Application:
• Residential
• Commercial

Residential applications will observe 4.9% CAGR up to 2024. Improved economic condition along with increasing consumer spending on better-quality interiors will boost luxury plumbing fixtures market growth. Affordable and low interest rate housing loans supporting new house construction which in turns making easy for customer to allocate more budget on high-end interior products.

Commercial applications accounted for over 35% of the market share in 2016. High investment on commercial buildings including hotels & restaurants and offices will boost growth in this segment. Internationalization pertaining to meet the same facility standards offered by developed nations will support demand for luxury plumbing fixtures. Also, upcoming trends of international hotel franchise in emerging countries will eventually enhance luxury plumbing fixtures market growth.

Browse Report Summery @
https://www.gminsights.com/industry-analysis/luxury-plumbing-fixtures-market

Regulations imposed on residential and commercial sector pertaining to minimize water consumption will open new avenues for the luxury plumbing fixtures market growth. As these smart fittings fulfills the customer requirement in terms of appearance as well as efficiency. As per EPA, in the U.S. 50% of the water is consumed for indoor purposes. Thus, the introduction of low flow faucets will be of keen importance to conserve water.

Luxury Plumbing Fixtures Market, by Fixtures:
• Bathroom
• Kitchen

Bathroom segment is set to witness over 4.5% growth up to 2024, with showers and bathtubs being the major contributing fixtures. Shifting trend towards touch free bathrooms, heated seats, and sensor operated valves will open lucrative opportunity in this segment.

Kitchens will generate over USD 4.6 billion in revenue by 2024. Increased consumer willingness to spend more on home renovations and to invest on high quality faucets & showers will remain a key factor to drive luxury plumbing fixtures market growth.

Advancement in plumbing industry pertaining to new generation attractive fitting are shifting consumer spending on upgraded interiors. Motion sensor faucets, dual-flush toilets, and bathroom integrated with audio/video system are some of the examples of luxury plumbing fixtures.

Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/2380

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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 Luxury Plumbing Fixtures Market 2019 - Analysis and Opportunity Assessment to 2025 here

News-ID: 1803243 • Views: 323

More Releases from Global Market Insights Inc.

COVID-19 to Impact Demand Growth of Soap Noodles Market | By key players Raj Ind …
Soap manufacturers have upped their efforts in purchasing the soap noodles and adding the pigments, flagrances, flavor and other components to have a competitive edge in the market. Use of soap noodles as the main ingredient in the production of soap bars is likely to be witnessed in the next few years. A blend is said to be the 80/20 standard, containing 80% palm oil and 20% palm kernel oil
The Potential Impact Of Coronavirus (Covid-19) For Rapid Industrialization To Bo …
The research report on Hydrochloric Acid market offers a comprehensive view of this industry with every crucial detail subject to its overall stance in the global landscape and its applications in myriad sectors. The report also provides insight to distinguished factors that are expected to potentially fuel the growth path of the industry in the upcoming years, along with laying emphasis on minute details of the ongoing trends that the
COVID-19 to Impact Demand Growth of Propylene Glycol Market | By key players Lyo …
The research report on Propylene Glycol market offers a comprehensive view of this industry with every crucial detail subject to its overall stance in the global landscape and its applications in myriad sectors. The report also provides insight to distinguished factors that are expected to potentially fuel the growth path of the industry in the upcoming years, along with laying emphasis on minute details of the ongoing trends that the
COVID-19 to Impact Demand Growth of Echinacea Market | By Players: Nature's Boun …
The research report on Echinacea market offers a comprehensive view of this industry with every crucial detail subject to its overall stance in the global landscape and its applications in myriad sectors. The report also provides insight to distinguished factors that are expected to potentially fuel the growth path of the industry in the upcoming years, along with laying emphasis on minute details of the ongoing trends that the Echinacea

All 5 Releases


More Releases for Fixtures

Plumbing Fixtures Market – Qualitative Opportunities Overview 2025
The recent published research report sheds light on critical aspects of the global Plumbing Fixtures market such as vendor landscape, competitive strategies, market drivers and challenges along with the regional analysis. The report helps the readers to draw a suitable conclusion and clearly understand the current and future scenario and trends of global Plumbing Fixtures market. The research study comes out as a compilation of useful guidelines for players to
Kitchen and Bath Fixtures Market – 2018 Retail Industry Trends & Predictions
Global Kitchen and Bath Fixtures Market: Overview Disposable income has been mounting across urban populations in emerging economies on the back of mushrooming of small and medium business enterprises. Add to that, buying potential of the citizens of developed countries has always been stronger. As the culture of apartment-living expands and smart cities being build up, these potential buyers are opting for equipment and tools of convenience within their homes. As
Vehicle Lighting Fixtures Market Report 2017
Vehicle Lighting Fixtures Vehicle Lighting Fixtures market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. For Full Report click on @ https://www.reportsandmarkets.com/reports/emea-europe-middle-east-and-africa-report-2017-1697727 Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K Units), revenue (Million USD), market share and growth rate of Vehicle
Global Lighting Fixtures Sales Market Report 2017
MarketResearchReports.Biz presents this most up-to-date research on "Global Lighting Fixtures Sales Market Report 2017" View Full Report at: https://www.marketresearchreports.biz/reports/939981/global-lighting-fixtures-sales-report-market-research-reports Description This report studies sales (consumption) of Lighting Fixtures in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Philips General Electric Acuity Brands Lighting Advanced Lighting Technologies Bajaj Electricals OSRAM Panasonic TOSHIBA Eaton Thorn Cree 3M Zumtobel Group TargettiSankey SIMKAR Valmount Composite Structures TaschibraBrasil Strand Lighting KALCO Lighting Opple Lighting FW
Lighting Fixtures Market Rising Demand for Energy Efficient Lighting Fixtures su …
Lighting fixtures serves the purpose of illumination or lighting by utilizing different source of lighting technology. In 2015, general lighting industry commands about 20% of the global electricity consumption. Over the past few years, lighting market have seen a gradual transition from traditional or inefficient lighting technology to more energy efficient lighting such as solid state lighting. Additionally, government regulations on sustainable energy consumption is driving technology advanced lighting fixtures
Lighting Fixtures Market-Industrial and Commercial Application Scope for Lightin …
Global Lighting Fixtures Market: Snapshot A significant number of industries are currently in a transitory phase towards improving power consumption to work performed ratios. One of the core methods to reduce power consumption is through the implementation of modern and efficient lighting fixtures. As a result, industries switching over from incandescent and fluorescent lighting to modern LED lighting offer the biggest driver to lighting fixture producers. Additional drivers include the booming