Bathroom Cabinets Market to Witness Growth Acceleration by 2028

The global bathroom cabinets market is anticipated to grow at a CAGR of 6.0% during the forecast period (2022-2028). A bathroom cabinet is a cupboard embed in a bathroom generally to store toiletries, hygiene products, and at times, also medications, such that it works as an improvised medicine cabinet. Bathroom cabinets are usually placed under sinks, over sinks, or above toilets. The market growth is primarily attributable to the robust demand for the modern bath decors coupled with the increasing disposable income and rising standard of living of people all over the globe. It is also associated with the growing use of various toiletries that need a proper storage in the bathroom. These cabinets further provide the ease to the individuals to safely store all their bathroom related products and accessories that come in regular use. The increasing awareness toward hygiene is also anticipated to positively impact the market growth during the forecast period.

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The trend of multi-purpose bath utilities is also projected to boost the market growth as these vanities also support in saving the space. As a result of this, the demand for more functional bathrooms has also led to the fitting of specialized cabinets. Further, the retrofitting of the old bathrooms owing to an increased bathroom remodeling expenditure in various economies has also substantially contributed to the market growth. Moreover, the increasing demand for esthetic appeal in the interiors of commercial as well as residential buildings is also substantially adding to the overall market growth globally.

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Market Coverage

• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-

o By Material Type
o By Application

• Regions covered-

o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape: Bellaterra Home LLC, Duravit AG, and Emco Bad GmbH, among others.

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Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Bathroom Cabinets Market Report by Segment

By Material Type

• Wood
• Ceramic
• Metal
• Glass
• Stone

By Application

• Residential
• Non-Residential

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This release was published on openPR.