Press release
Faucet Market Research By Industry Trends, Segments, Application, Growth And Global Forecast 2022 To 2031
The global faucet market size is expected to grow from $32.91 billion in 2021 to $35.70 billion in 2022 at a compound annual growth rate (CAGR) of 8.47%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global faucets market size is expected to reach $51.62 billion in 2026 at a CAGR of 9.66%.The Business Research Company offers the Faucet Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The faucet market consists of sales of faucets products and related services by entities (organizations, sole traders, and partnerships) that are used for controlling the flow of liquid from a pipe by opening or closing a tap. A faucet is a plumbing fixture used for delivering liquid or gas from a reservoir. The faucet consists of a spout, handle, cartridge, aerator, chamber, and inlet sources, and is made of either brass, steel, die-cast zinc, and chrome-plated plastic.
Some key faucet market players are American Standard Brands, Colston Bath, Delta Faucet Company (Masco Corporation), Gerber Plumbing Fixtures, Jaquar, Kohler Co., Fortune Brands Home & Security, Villeroy & Boch Aktiengesellschaft, Paini UK Ltd, Sloan Valve Company, Pfister, Danze Inc., Aqua Source Faucet, Eczacibasi Holding AS, and Elkay Manufacturing Co.
The countries covered in the global faucet market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global faucet market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Faucet Market Segmentation:
1) By Product Type:
Electronic
Manual
2) By Material:
Metal
Plastics
3) By Technology:
Cartridge
Compression
Ceramic Disc
Ball
4) By Application:
Bathroom
Kitchen
5) By End-User:
Residential
Commercial
See More On The Report At https://www.thebusinessresearchcompany.com/report/faucet-market-global-market-report
The Report's Table Of Contents Includes
1. Executive Summary
2. Faucet Market Characteristics
3. Faucet Market Trends And Strategies
4. Impact Of COVID-19 On Faucet
5. Faucet Market Size And Growth
....
26. Africa Faucet Market
27. Faucet Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Faucet Market
29. Faucet Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the faucet market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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