Smart Toilet Market Size To Reach USD 15.9 billion at a CAGR of 7% by 2032 - Report by The Brainy Insights (TBI)

The report published by The Brainy Insights shows that the global smart toilet market is expected to grow from USD 8.1 billion in 2022 to USD 15.9 billion by 2032, at a CAGR of 7% during the forecast period 2023-2032. Europe emerged as the most significant global smart toilet market, with a 51% market revenue share in 2022. Currently, Europe is the largest smart toilets market, and it is anticipated to continue to dominate the market as a whole. Consumers in this region have good living standards and are willing to spend money on hygienic sanitary items, which is the main reason for this supremacy. Because hand-pulling toilet seats are considered unclean, and a risk for COVID-19, a sizeable section of the population in Germany and the United Kingdom chooses to install smart toilet seats, according to recent studies. Rising consumer spending on health and hygiene products in the UK, France, and Germany is anticipated to fuel market expansion in the upcoming years significantly.

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Smart Toilet Market Size By Application (Residential and Commercial), By Distribution Channel (Offline and Online), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2023 to 2032

Leading companies in the industry include LIXIL, Panasonic, Kohler, Coway, Jomoo, Haier, Midea, Arrow, Huida, Shunjie, Dongpeng, HEGII, and Brondell among others, offer more significant opportunities and continuously focus on new product developments and venture capital investments to obtain market share.

The application segment is divided into residential and commercial. The commercial segment dominated the market, with a market share of around 53% in 2022. The market for smart toilet vanities as a luxury good will grow in the upcoming years due to favourable government policies supporting infrastructure development. The distribution channel segment is divided into offline and online. The offline segment dominated the market, with a market share of around 58% in 2022, due to the rising demand of consumers for physically choosing their smart toilets for better satisfaction.

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Globally, there has been an increase in demand for water conservation during the last few years. The implementation of numerous government efforts to raise consumer awareness of the need for water conservation is encouraging individuals to spend more money on high-tech goods, such as smart toilet vanities. According to a recent research, the United States flushes down almost 4.8 billion gallons of water daily. With their clever toilet seats, smart toilets may use the least water, making them a hygienic and practical choice for customers. These devices offer an appealing appearance and optimise water and electrical energy utilisation in toilets.

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