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(2023-2032) Sanitary Ware Global Market Trends And Forecast Report | By Types, Applications, Regions And Players Include Cera Sanitaryware Ltd., Kohler Co., The Jaquar Group, Grohe, Villeroy & Boch
Sanitary Ware Market
Sanitary Ware Market Size, Growth Rate, And Forecast
The global sanitary ware market size is expected to grow from $36.51 billion in 2022 to $38.62 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sanitary ware market is expected to grow to $46.56 billion in 2027 at a CAGR of 4.8%.
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Sanitary Ware Market Drivers
The growth of the construction industry is expected to propel the growth of the sanitary ware market going forward. The construction industry refers to the industrial branch of manufacturing and trade-related activities, including building, repairing, renovating, and maintaining infrastructure. The construction industry requires sanitary ware in larger quantities to be installed in all the bathrooms' infrastructure; as a result, the rising construction activities increase the demand for sanitary ware.
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Sanitary Ware Market Segments
• By Type: Toilets, Washbasins, Urinals, Cisterns, and Other Products
• By Materials: Ceramic, Pressed Metal, Acrylic Plastics, and Perspex; Other Materials
• By Technologies: Slip Casting, Pressure Casting, Tape Casting, Isostatic Casting
• By Sales Channels: Retail, Wholesale
• By End-Users: Commercial, Residential
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Sanitary Ware market.
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Sanitary Ware Market Key Players
Major competitors in the Sanitary Ware market include Cera Sanitaryware Ltd., Kohler Co., The Jaquar Group, Grohe, Villeroy & Boch, RAK Ceramics, Masco Corporation, Geberit, Lecico Egypt
The Business Research Company's "Global Sanitary Ware Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Sanitary Ware Market Include:
1. Executive Summary
2. Sanitary Ware Market Characteristics
3. Sanitary Ware Market Trends And Strategies
4. Sanitary Ware Market - Macro Economic Scenario
5. Sanitary Ware Market Size And Growth
………
28. Key Mergers And Acquisitions In The Sanitary Ware Market
29. Sanitary Ware Market Future Outlook and Potential Analysis
30. Appendix
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