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Plumbing Fixtures And Fittings Market 2022-2031: Industry Analysis, Market Trends, Growth, Opportunities, And Forecast
The global plumbing fixtures and fittings market report by the business research company identifies increasing focus on sewerage treatment to meet global water demands to be a major growth driver for the plumbing fixtures and fittings market. Water is the scarcest resource in the world, according to the World Bank publication, in 2020, around 36% of the world's population faces water scarcity, and in the United States of America, 60% of the population is connected to sewerage treatment and nearly 40% of the wastewater is collected and treated for further usage. An increase in population and demand for growing scarcity of water and more urbanization are all leading factors impacting the increase in the plumbing fixtures and fittings market.The global plumbing fixtures and fittings market size is expected to grow from $88.16 billion in 2021 to $93.71 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. The global plumbing fixtures and fittings market size is expected to grow to $129.28 billion in 2026 at a CAGR of 8.4%.
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Asia-Pacific was the largest region in the plumbing fixtures and fittings market in 2021. The regions covered in the global plumbing fixtures and fittings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the plumbing fixtures and fittings market are Elkay Manufacturing Company, Kohler, LIXIL Group, MAAX Bat, Masco, Roca Sanitario, TOTO, Jacuzzi, Moen Incorporated, Geberit, American Bath Group, Hansgrohe, Colston Bath, Delta Faucet Company, Gerber Plumbing Fixtures LLC, Grohe, Fortune Brands Home & Security, Asahi Eito, Cera Sanitaryware, and Globe Union Industrial Co.
The global plumbing fixtures and fittings market is segmented -
1) By Product: Bathtub, Sinks, Toilets, Showers, Taps, Drains
2) By Distribution: Online, Offline
3) By Application: New Construction, Repair and Remodel
4) By Material Type: Vitreous China, Metal, Plastic
5) By End-User: Residential, Commercial, Industrial
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The Plumbing Fixtures And Fittings Market Report Contents Include
1. Executive Summary
2. Plumbing Fixtures And Fittings Market Characteristics
3. Plumbing Fixtures And Fittings Market Trends And Strategies
4. Impact Of COVID-19 On Plumbing Fixtures And Fittings
5. Plumbing Fixtures And Fittings Market Size And Growth
....
27. Plumbing Fixtures And Fittings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Plumbing Fixtures And Fittings Market
29. Plumbing Fixtures And Fittings Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the plumbing fixtures and fittings 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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