Bathroom Taps Market Segments and Countries, Regulatory Path and Key Companies 2030

Bathroom tap is the valve that regulates flow of water in the bathroom. Bathroom taps are important components of bathrooms that are gaining popularity among both customers and producers. Smart taps are temperature sensors and efficiency sensors make it simple for every member of household to carefully regulate how much water they use in the kitchen or bathroom.

According to the Water Action Decade, 2018-2028 plans will focus on sustainable development and integrated management of water resources for sanitation and hygiene for achievement of social, economic and environmental objectives. Hence these initiatives will provide positive, impact in bathroom taps market. Also, to strengthen the market position, competitors in the bathroom taps market use strategic moves such as collaboration, mergers, acquisitions, and agreements.

For instance, in November 2020 MASCO Corporation has agreed to purchase a majority stake in the Dutch company Easy Sanitary Solutions (ESS) B.V. Easy Drain shower channels were invented, developed, and manufactured by ESS, which also offers a comprehensive variety of barrier-free showering and bathroom wall specialty products.

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The global bathroom taps market size was valued at $17,270.0 million in 2020, and is projected to reach $32,953.0 million by 2030, registering a CAGR of 6.5% from 2021 to 2030.

According to the UN, urbanization is taking place in a major section of the world. Urban regions now contain almost 54.8% of the world's population. Increase in knowledge of more modern sanitary fittings such as taps has come from urbanization.

Growth in urbanization and rise in number of nuclear families, especially in developing nations, has created a significant need for bathroom taps. In addition, rise in consumer hygienic has aided expansion of the electronic-enabled bathroom taps industry. As a result of growing urbanization and greater demand for basic sanitation are such factors that drive demand for bathroom taps throughout the forecast period.

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Top Players:
Key companies profiled in the bathroom taps market report include CERA Sanitaryware Limited, Delta Faucet Company, Jaquar Group, Kohler Co., LIXIL Corporation, MOEN Incorporated, MAC Faucets, LLC., MASCO Corporation, ROCA Sanitario S.A., and Eczacibasi Group (VITRA).

Key Segments Based On:

By Product Type
Mixer Taps
Pillar Taps
Wall Mounted Taps
Floor Mounted Taps
Others

By Material
Metal
Brass
Nickel
Bronze
Stainless Steel
Plastics
High-Density Polyethylene
Polyvinyl Chloride
Others

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