Bathroom Mirror Cabinets Market CAGR to Grow at 5.6% | AMR
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Expansion of urban dwelling in emerging countries drives the growth of the global bathroom mirror cabinets market. On the other hand, durability of steel mirror cabinets hampers the growth to some extent. However, technological innovation and increase in omni channel approach are expected to create multiple opportunities for the frontrunners in the sector.
oThe polymer segment to retain its dominance by 2026-
Based on material, the polymer segment contributed to more than two-thirds of the total market share in 2018, and is expected to dominate till 2026. The same segment would also portray the fastest CAGR of 6.0% throughout the forecast period. The steel segment is also discussed in the market report.
oThe single door segment to lead the trail till 2026-
Based on type, the single door segment accounted for nearly three-fourths of the total market revenue in 2018, and is anticipated to maintain the lion's share throughout the forecast period. At the same time, the multi door segment would project the fastest CAGR of 6.5% during the study period.
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oAsia-Pacific to rule the roost in terms of revenue-
Based on geography, the Asia-Pacific region held the major share in 2018, garnering more than two-fifths of the global market. The same province is also anticipated to register the fastest CAGR of 6.7% during the estimated period. The other regions discussed in the report include North America, Europe, and LAMEA.
oKey players in the industry-
The key market players analyzed in the global bathroom mirror cabinets market report include Geberit AG, Roper Rhodes Ltd., Laufen Bathrooms AG, Emco group Bellaterra Home LLC., Roca, HiB, W. Schneider+Co AG, FAB Glass and Mirror, and Duravit. These market players have taken recourse to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their bent in the industry.
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