openPR Logo
Press release

Global Heated Bathroom Floor Market is projected to reach the value of USD 7.40 billion by 2030

09-25-2023 08:54 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Virtue Market Research

Global Heated Bathroom Floor Market Size, Share, Growth, and Trend Analysis (2023 - 2030)

Global Heated Bathroom Floor Market Size, Share, Growth, and Trend Analysis (2023 - 2030)

According to the report published by Virtue Market Research in Global Heated Bathroom Floor Market was valued at USD 4.95 billion and is projected to reach a market size of USD 7.40 billion by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 5.16%.

Request Sample Copy of this Report @ https://virtuemarketresearch.com/report/heated-bathroom-floor-market/request-sample

One of the enduring driving forces in the Heated Bathroom Floor Market is the quest for comfort and convenience. Homeowners increasingly seek ways to enhance their living spaces with amenities that provide warmth and relaxation. Heated bathroom floors perfectly align with this desire, offering a cozy and welcoming atmosphere, especially during colder seasons.

However, the market has not been immune to the impact of the COVID-19 pandemic. The pandemic led to supply chain disruptions, causing delays in the manufacturing and installation of heated bathroom floor systems. Many homeowners postponed renovation projects due to economic uncertainties, affecting the market's growth temporarily. Nonetheless, the market demonstrated resilience as people continued to invest in home improvement projects, recognizing the value of a comfortable and inviting bathroom space, even during challenging times.

In the short term, energy efficiency emerges as a compelling driver for the Heated Bathroom Floor Market. With rising energy costs and growing environmental concerns, consumers are increasingly drawn to energy-efficient solutions. Heated bathroom floors, powered by advanced technologies, offer efficient and cost-effective ways to warm up the bathroom space. These systems are designed to heat the floor surface evenly, reducing the need for central heating and, in turn, saving energy and lowering utility bills.

An exciting opportunity in the Heated Bathroom Floor Market lies in the realm of smart technology integration. As smart homes gain popularity, homeowners are seeking ways to automate and control various aspects of their living spaces, including their heated bathroom floors. Manufacturers have an opportunity to develop and market heated floor systems that can be controlled remotely through smartphones or integrated with home automation systems. This not only enhances convenience but also aligns with the growing trend of connected homes.

An intriguing trend observed in the industry is the growing preference for electric radiant heating systems. Electric heated bathroom floors use heating cables or mats installed beneath the flooring material. This trend is gaining traction due to its ease of installation and energy efficiency. Electric systems can be installed as part of new bathroom construction or added to existing spaces, making them a versatile choice for homeowners. Additionally, the flexibility to heat specific areas of the bathroom floor adds to their appeal, allowing for personalized comfort.

Market Segmentation:
By Product Type: Hydronic and Electric
Among these, electric systems stand as the largest subsegment. Electric heated bathroom floors are known for their ease of installation and energy efficiency. They utilize heating cables or mats installed beneath the flooring material, offering even and consistent warmth. Homeowners are drawn to electric systems for their ability to create a cozy atmosphere without the need for complex plumbing or extensive retrofitting.

On the other hand, hydronic heated bathroom floors are poised to be the fastest-growing subsegment during the forecast period. These systems rely on hot water or a mixture of water and antifreeze to provide radiant heat. While installation can be more complex and costly, hydronic systems are known for their energy efficiency and ability to maintain warmth for extended periods. As energy efficiency gains importance, hydronic systems are becoming increasingly attractive to homeowners looking for long-term cost savings.

By Application: Residential, Commercial, and Industrial
Among these, the Commercial segment claims the largest market share. Commercial spaces such as hotels, restaurants, and office buildings are increasingly incorporating heated bathroom floors to provide a touch of luxury and comfort to their patrons. Additionally, commercial establishments prioritize energy efficiency and cost savings, making electric heated floors a preferred choice.

However, the Residential segment is expected to witness the fastest growth during the forecast period. Homeowners are increasingly investing in heated bathroom floors to elevate their living spaces. The residential sector values the convenience and customization options offered by heated floors, making them an attractive addition to modern homes. As more homeowners seek to create cozy and inviting bathroom spaces, the demand for residential heated bathroom floors continues to rise.

By Installation Type: New Installation and Retrofit Installation
New Installation holds the largest market share in this segment. Homeowners and builders prefer incorporating heated bathroom floors during the construction phase of new homes or bathroom remodels. This allows for seamless integration, ensuring the system is optimized for efficiency and aesthetics.

On the other hand, Retrofit Installation is the fastest-growing subsegment during the forecast period. Many homeowners are retrofitting their existing bathrooms with heated floors to enjoy the benefits of warmth and comfort without undertaking major construction. Retrofit installation offers a practical solution for those looking to upgrade their bathrooms and add a touch of luxury to their existing spaces. Manufacturers are continually innovating to make retrofit installation more accessible and cost-effective for consumers.

By Offering Type: Services and Hardware
Services claim the largest share in this segment. These services include installation, maintenance, and repair of heated bathroom floor systems. Service providers offer expertise and ensure that the systems operate efficiently, enhancing the overall user experience.

However, the Hardware segment is experiencing the fastest growth during the forecast period. This category includes the actual heating components, such as heating cables, mats, and control systems. As the market evolves, hardware offerings are becoming more advanced, energy-efficient, and user-friendly. Consumers are increasingly interested in DIY options, making hardware a key driver in the market's growth.

Read More @ https://virtuemarketresearch.com/report/heated-bathroom-floor-market

Regional Analysis:
Among these, Europe holds the largest market share. European consumers prioritize comfort and luxury in their homes, making heated bathroom floors a popular choice. Additionally, stringent energy efficiency regulations in Europe encourage the adoption of electric heated floors, driving market growth.

However, the North American region is set to experience the fastest growth during the forecast period. The North American market is witnessing a surge in demand as homeowners increasingly recognize the benefits of heated bathroom floors. The desire for energy-efficient solutions and the retrofitting of existing homes contribute to the market's rapid growth in this region.

Latest Industry Developments:
• Expansion of Product Portfolios: A notable trend is the expansion of product portfolios by companies in this market. They are diversifying their offerings to include a wide range of heated bathroom floor systems catering to different customer preferences. This includes options for electric and hydronic systems, as well as variations in design, size, and control mechanisms. By providing a comprehensive selection, companies are better positioned to meet the diverse needs of consumers and gain a larger share of the market.

• Embracing Smart Technology: The integration of smart technology into heated bathroom floor systems is a prominent trend. Companies are developing and marketing products that can be controlled remotely through smartphone apps or integrated with home automation systems. This trend aligns with the growing demand for smart homes, where consumers seek seamless control over their heating systems. By incorporating smart features, companies are not only enhancing user convenience but also gaining a competitive edge in the market.

• Sustainability and Energy Efficiency: A significant trend shaping the market is a focus on sustainability and energy efficiency. Companies are investing in research and development to create heated bathroom floor systems that are more energy-efficient and environmentally friendly. This includes the use of energy-efficient heating elements, improved insulation, and eco-friendly materials. By offering sustainable solutions, companies are catering to environmentally conscious consumers and complying with evolving energy efficiency regulations, thus enhancing their market share.

Customize the Full Report Based on Your Requirements @ https://virtuemarketresearch.com/report/heated-bathroom-floor-market/customization

Contact Us:

Virtue Market Research
Kumar Plaza, #103, SRPF Rd, Ramtekadi, Pune, Maharashtra 411013, India
E-mail: megha@virtuemarketresearch.com
Phone: +1-917 436 1025

About Us:
"Virtue Market Research stands at the forefront of strategic analysis, empowering businesses to navigate complex market landscapes with precision and confidence. Specializing in both syndicated and bespoke consulting services, we offer in-depth insights into the ever-evolving interplay between global demand and supply dynamics. Leveraging our expertise, businesses can identify emerging opportunities, discern critical trends, and make decisions that pave the way for future success."

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Heated Bathroom Floor Market is projected to reach the value of USD 7.40 billion by 2030 here

News-ID: 3221212 • Views:

More Releases from Virtue Market Research

Global Book Subscription Box Market is projected to reach the value of USD 19.59 billion by 2030
Global Book Subscription Box Market is projected to reach the value of USD 19.59 …
According to the report published by Virtue Market Research in Book Subscription Box Market was valued at USD 10.2 billion and is projected to reach a market size of USD 19.59 billion by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 8.5%. Request Sample Copy of this Report @ https://virtuemarketresearch.com/report/book-subscription-box-market/request-sample A prominent long-term market driver in the
Global Charcoal Market is projected to reach the value of USD 11.58 billion by 2030
Global Charcoal Market is projected to reach the value of USD 11.58 billion by 2 …
According to the report published by Virtue Market Research in Charcoal Market was valued at USD 8.4 billion and is projected to reach a market size of USD 11.58 billion by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 4.09%. Request Sample Copy of this Report @ https://virtuemarketresearch.com/report/charcoal-market/request-sample One of the long-term market drivers in the Charcoal
Global 5G Voice over New Radio (VoNR) Market is projected to reach the value of USD 1.1 billion by 2030
Global 5G Voice over New Radio (VoNR) Market is projected to reach the value of …
According to the report published by Virtue Market Research in 5G Voice over New Radio (VoNR) Market was valued at USD 195 million and is projected to reach a market size of USD 1.1 billion by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 25.1%. Request Sample Copy of this Report @ https://virtuemarketresearch.com/report/5g-voice-over-new-radio-market/request-sample One of the most influential
Global Oxygen Scavengers Market is projected to reach the value of USD 4.33 billion by 2030
Global Oxygen Scavengers Market is projected to reach the value of USD 4.33 bill …
According to the report published by Virtue Market Research in Global Oxygen Scavengers Market was valued at USD 2.8 billion and is projected to reach a market size of USD 4.33 billion by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 5.6 %. Request Sample Copy of this Report @ https://virtuemarketresearch.com/report/global-oxygen-scavengers-market/request-sample One of the enduring driving forces behind

All 5 Releases


More Releases for Heated

Hotjak Heated Socks Reviews - Embrace Winter Comfort with Hotjak Heated Socks
Hotjak Heated Socks Reviews - Embrace Winter Comfort with Hotjak Heated Socks As the biting cold of winter sets in, finding warmth becomes a top priority. In the past, layering up with jackets and coats seemed like the only defense against the bone-chilling cold that seeped through to the very core. However, with the introduction of Hotjak Heated Socks, the game has changed entirely. These innovative heated socks offer a groundbreaking
Hotjak Heated Gloves Reviews: Embrace Winter Comfort: Discover Hotjak Heated Glo …
Hotjak Heated Gloves Reviews: Embrace Winter Comfort: Discover Hotjak Heated Gloves As the chill of winter sets in, outdoor enthusiasts and casual winter lovers alike face a common challenge: how to keep warm while enjoying their favourite activities. From skiing down powdery slopes to hiking through snow-covered trails, the key to maximising your experience lies in staying warm and comfortable. Enter Hotjak Heated Gloves, an innovative solution designed to revolutionise how
Hilipert heated vest reviews: Google news update! Does this heated vest worths B …
Hilipert Heated Vest is a unisex heated vest that is designed for both male and female to keep you warm and cozy no matter the cold. Heated vests are so important that anyone who wants to beat the winter cold must make sure they get one. This is because it is much more difficult to survive the cold outdoors than when you are at home. A lot of people have
Hilipert Heated Vest Review 2022: (Real Pricing!) Is Hilipert Heated Vest Unisex …
Hilipert heated vest: Did you know that a brand-new heated vest is available that warms up much more quickly and costs less? You are merely heating your body with this hilipert heated vest; there are no health risks. Due to the significant demand for Hilipert heated vests, we are bringing our valued consumers a thorough and enlightening Hilipert Heated Vest Review. Read this review thoroughly before deciding whether or not
2020 Automotive Seats Market Report- Heated-Powered, Heated-Ventilated, Heated-M …
The automotive seat market is projected to grow to USD 60.0 billion by 2025 from USD 51.9 billion in 2020, at a CAGR of 2.9%.  ReportsnReports added Latest Automotive Seats Market research report estimates the market size by the end of year at a CAGR, by deep-dive analysis of the historical data for the years. The main objective of this report is to determine Automotive Seats Market status, forecast, growth opportunity,
Air Heated Vaporizer Market Expansion Projected to Gain an Uptick During 2018 to …
Air Heated Vaporizer Market: Overview Air heated vaporizer is industrial instrumentation which uses ambient heat to evaporate which provide superheat to cryogenic fluids. Cryogenic working fluids such as oxygen, nitrogen, hydrogen carbon dioxide, argon, and liquefied natural gas are vaporized by air heated vaporizer. Air heated vaporizer is provided with a number of interconnected parallel paths through which liquid gases pass. Air heated vaporizer works on the elementary principle of heat