Toilet Seat Market Revenue will Grow at a CAGR of 7.8% | Valuates Reports

Toilet Seat Market

The global Toilet Seat market size was valued at USD 4594.3 Million in 2020 and is expected to reach USD 7659.2 Million by the end of 2027, growing at a CAGR of 7.8% during 2021-2027. Key drivers of the toilet seat market include rapid urbanization and increasing focus on sanitation, health, and hygiene.

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Trends Influencing the Global Toilet Seat Market

Urbanization and the growing importance of health, hygiene, and sanitation

Rapid urbanization and population growth have led to an increase in consumer income levels and a booming construction industry. The building of commercial and residential projects has increased along with home renovation and modernization. This has led to the rising installations of toilet seats. Moreover, various government and private organizations are spearheading initiatives focusing on the importance of sanitation, health, and hygiene. The rigorous campaigns against open defecation have led to many households investing in toilet building projects. This in turn will create immense growth opportunities for the toilet seat market during the forecast period.

Advent of smart technologies

The investments in health technology is shooting up rapidly especially after the pandemic. The focus on developing reliable tech for quick, accurate diagnosis and personalized treatment has led to the introduction of smart toilet seats. The ongoing R&D initiatives for developing sensors retrofitted onto the seats will enable quick monitoring of vital health signs. There is a rising trend for home automation with smart building systems. The above factors will create huge scope for the growth of the toilet seat market in the future.

Portable toilets

The awareness levels of people have increased.The need for safe toilet systems at construction sites, public spaces and events have surged the usage of portable toilets. They are convenient, take up very less space, provide privacy and have low cost infrastructure. Thus these benefits will augment largscale adoption thereby driving the growth of the toilet seat market in the coming years.

Toilet Seat Market Share

Based on product type, smart toilet seat is expected to dominate in the toilet seat market share with over 61%. This is due to the presence of smart tech features which increase convenience ultimately fueling demand.

Based on application, Residential segment is expected to provide lucrative opportunities for growth in the toilet seat market share with 88% during the forecast period due to growing home automation, residential renovation and modernization creating need for cleaner, hygienic toilet systems.

Based on region, Asia-pacific segment will provide huge scope for growth in the toilet seat market share with 57% followed by Europe and North America.

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Toilet Seat Market Segmentation

By Type

• Smart Toilet Seat
• Ordinary Toilet Seat

By Application

• Residential
• Commercial

By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E

By Company

• TOTO
• Lixil
• Panasonic
• Kohler
• BEMIS
• Villeroy & Boch
• GEBERIT
• Roca
• Pressalit A/S
• HUIDA
• Hamberger Sanitary
• MKW
• R&T
• WDI
• JOMOO
• Aosman
• HEGII
• Dongpengjieju.

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