Faucet Market to Witness Stunning Growth | Moen Incorporated, Franke Holding, Delta Faucet
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Faucet is used for delivering water from a plumbing system. It is used to start and stop the running water from the storage tanks to reduce water wastage. It is widely used in kitchens, bathrooms, gardens, hotels, and public places such as railways, airports, and bus stop. Faucets are designed to survive very harsh conditions, including thousands of on-off cycles every year and hard water mineral build-up, and still provide flawless service. There various types of faucets used based on the requirement where they will be fitted for instance, in utility sink faucets of single-handle or wall-mount is used. The innovations in designs and color in faucets have attracted consumer interest to have customized faucets that match their interiors of home and offices. According to AMA, the Global Faucet market is expected to see growth rate of 7.05%
Moen Incorporated (United States), Franke Holding AG (Switzerland), Delta Faucet Company (United States), American Bath Group, LLC (United States), Gerber Plumbing Fixtures LLC (United States), Grohe America, Inc. (United States), The Jaquar Group (India), Kohler Co. (United States), ProFlo (India), TOTO LTD (Japan), American Standard Brands (United States) and LIXIL Group Corporation (Japan).
• Increasing Modernization of Home Bathrooms and Kitchens
• Expanding Residential Sector in North America and Asia Pacific Regions
• Increasing Number of Installation of Faucets in Commercial Places such as Hotels, Shopping Malls, and Other Public Areas
• Trend to Shift From Traditional Faucets to Sensor-based Faucets
• High Installation Cost
• Fluctuating Raw Material Prices
• Growing Preference for Smart Faucets
• Increasing Investments on Luxury Homes and Remodeling
• Growing Demand for Customized Bathroom Faucets
• Development of Technology Equipped Faucets
• Dominance of Local Manufacturers
The Global IoT in Education Market segments and Market Data Break Down are illuminated below:
Type (Manual Faucet, Electronic Faucet), Application (Bathroom, Kitchen, Others), Product Type (Widespread Faucets, Centerset Faucets, Single-Handle Faucets, Wall-Mount Faucets, Bidet Faucets, Vessels Faucets, Others), Handles (Zero, One, Two), Sales Channel (Online, Offline), Material (Brass, Plastics, Stainless Steel), End User (Commercial, Residential)
Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Faucet Market along with tables and graphs related to various country and segments showcasing impact on growth trends.
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Table of Content: Covid-19 Impact On Faucet Market:
1. Study Scope
1.1 Faucet Market Competition by Manufacturers (Market Share, Y-o-Y Growth, Market Revenue, Rank)
1.2 Market Concentration
1.3 Comparative Market Share Analysis (Leaders and Emerging Players) [2018-2019]
1.2 Faucet Market Characteristics
1.3 Faucet Market Scenario by Region
1.4 Faucet Market Segmentation
1.4.1 Faucet Historic Market Analysis by Type
1.4.2 Faucet Historic Market Analysis by Application
1.4.3 Faucet Historic Market Analysis By ………….
1.4.4. Faucet Historic Market Analysis by ………….
2. Market Company Profiles
2.2 Production & Services (2018-2025)
2.3 Financial Performance (2018-2025)
3. Future & Forecast Data
4. Market Opportunities, Challenges, Risks and Influences Factors Analysis (2019-2025)
5. Faucet Manufacturing Cost Analysis
6. Faucet Value Chain and Sales Channels Analysis
7. Faucet Marketing Channel, Distributors and Customers; Post COVID Analysis…
8. Faucet Value Chain and Sales Channels Analysis (2018-2025)
9. Faucet Research Finding and Conclusion
10. Faucet Methodology and Data Source
Finally, Faucet Market is a valuable source of guidance for individuals and companies in their decision framework.
Data Sources & Methodology
The primary sources involves the industry experts from the Faucet Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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• Latest industry influencing trends and development scenario
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A fixture for drawing a liquid, as water, molasses, oil, etc., from a pipe, cask, or other vessel, in such quantities as may be desired; called also tap, and cock. When the handle is turned on, the valve opens and controls the water flow adjustment under any water or temperature condition. Faucets come in different forms, but they are usually made from hard materials, and can be easily recognized as