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Bathroom Vanities Market Key Manufacturers Development Trends and Competitive Analysis 2028

06-01-2023 09:27 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

Bathroom Vanities Market

Bathroom Vanities Market

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.

Bathroom vanities are generally of two types - a freestanding and a built-in. The freestanding ones are primarily used for small spaces. The built-in vanities provide more countertop space and are used for large spaces. The bathroom vanities combine a sink, countertop, and built -in shelves. Bathroom vanities can also be considered as a part the bathroom cabinetry which are used to hold the sink and hide the plumbing lines associated with it, as well as offer storage options. The countertops of the bathroom vanities are available with a lot of material options which include wood, stone, cement, etc. The bathroom vanities are composed of materials which have moisture resistant properties owing to their application in the bathroom.

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Companies Profiled in this report includes:

• Avanity Corporation
• Bellaterra Home, LLC
• Caesarstone
• Foremost Groups, Inc.
• Kohler Co.
• MasterBrand Cabinets Inc.
• Roca Sanitario, S.A.
• Wilsonart LLC
• Dupont Plumbing Supplies
• INTER IKEA SYSTEMS B.V.

These vanities are also used in commercial spaces where more than one sink is required in a countertop. These find their application in commercial spaces, including IT companies, corporate offices, and R&D centers. The growing usage of functional bathroom amenities in offices, schools, and shops is creating a favorable impact on the bathroom vanities market. The market has witnessed increasing investment by the manufacturers in the product development of bathroom vanities, which is expected to boost the market growth during the forecast period. Manufacturers are offering vanities with features such as chrome lights, aroma diffuser machines, inbuilt sound, LED interiors, and microbial protection system. Furthermore, the growth of the online distribution channel for bathroom vanities is also driving the market growth.

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Bathroom Vanities Market Segmentation:

By Material:
• Stone
• Ceramic
• Glass
• Wood
• Metal

By Application:
• Residential
• Commercial

The growth in the residential construction is expected to fuel the demand for bathroom vanities across the globe. The increasing rate of housing construction and their completion in the developed world is one of the major driving factors for the market growth. Furthermore, rapid urbanization in the developing regions has led to rise in residential and commercial building construction activities. Moreover, increase in remodeling and renovation activities has also provided impetus to the growth of the bathroom vanities market. Changing lifestyles, increasing expenditure power, and growing trends of smart homes with functional bathrooms is expected to drive the demand for bathroom vanities during the forecast period.

The overall global bathroom vanities market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the bathroom vanities market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the bathroom vanities market.

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