Bathroom Vanities Market Increasing Rate of Housing Completion in Developed Regions

The bathroom vanity is a combination of a restroom sink or bowl and various stockpiles around it. It combines a sink, countertop, and built-in shelves. These restroom vanities are typically made of wood, stone, ceramics, glass, or metal and are usually waterproof in nature. Bathroom vanities are an essential component of homes and help enhance the design and function of the bathroom. Bathroom vanities offer the added benefit of making the upkeep of entire bathroom space much easier.In 2020, Europe held the largest share of the global bathroom vanities market.

Download PDF Sample Copy at: https://www.theinsightpartners.com/sample/TIPRE00018672/?utm_source=OpenPR&utm_medium=10144

Bathroom vanities provide benefits such as space-saving, medical chests, and other attractive storage options, which is supporting the bathroom vanities market growth. Moreover, there has been a significant shift in the remodeling business trends, including remodeling for accessibility, customizations, and technological integrations. This trend is further driving the market growth. The market has also witnessed increased demand for the latest bath décor options.

The bathroom vanities market is projected to reach US$ 46,038.15 million by 2028 from US$ 36,047.21 million in 2021; it is expected to grow at a CAGR of 3.6% from 2021 to 2028.

Additionally, the growing consumer preference for modern facilities such as specialized countertops, coupled with the rising demand for aesthetic appeal in the interiors of residential buildings, is favoring the market growth in the region. The presence of major market players along with the introduction of several product lines is expected to boost the demand for bathroom vanities in the region. The rising popularity of e-commerce retailing of bathroom vanities is also projected to drive the market in region.

The key players operating in the global bathroom vanities market include Avanity Corporation; Bellaterra Home, LLC.; Caesarstone.; Foremost Groups, Inc.; Kohler Co.; MasterBrand Cabinets Inc; Roca Sanitario S.A; Wilsonart LLC.; Dupont Plumbing Supplies, and Inter IKEA Systems B.V.

The increasing rate of housing construction and their completion in developed regions is one of the major driving factors for the market growth. The demand for new houses is strongly supported by purchasing power of people in developed regions and their inclination toward smart and green buildings. Moreover, the developed regions of the world have witnessed an increase in remodeling and renovation activities. Rise in preference for functional bathrooms and modern bathroom amenities has boosted the home interior renovation activities, which in turn is driving the market.

Place an Order Copy of This Report (Single User License) at: https://www.theinsightpartners.com/buy/TIPRE00018672/?utm_source=OpenPR&utm_medium=10144

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

We are committed to provide highest quality research and consulting services to our customers. We help our clients understand the key market trends, identify opportunities, and make informed decisions with our market research offerings at an affordable cost.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

This release was published on openPR.