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Shower Tray Market Set to Expand at a Staggering 5.1% CAGR, Reaching $6.5 Billion by 2032

08-06-2024 08:36 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Shower Tray Market Set to Expand at a Staggering 5.1% CAGR,

The global shower tray market size was valued at $4.2 billion in 2023, and is projected to reach $6.5 billion by 2032, growing at a CAGR of 5.1% from 2024 to 2032.

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Products intended to provide a strong, waterproof foundation for shower enclosures are included in the shower tray market. Shower trays, sometimes referred to as shower pans or bases, provide a flat surface that effectively directs water to the drain and guards against leaks and water damage to nearby structures. They are used as the base for shower installations. Shower trays are often comprised of materials like acrylic, fiberglass, or stone resin and are available in a variety of sizes, forms, and styles to suit a range of bathroom configurations and aesthetic tastes.

Market Segmentation

The shower tray market is segmented into the material, application, distribution channel, and region. On the basis of the material, the market is categorized into ceramics, acrylic, and others. On the basis of application, the market is bifurcated into commercial buildings and residential. On the basis of distribution channel, the market is bifurcated into online and offline. Region-wise, it is studied across North America (U.S., Canada, and Mexico) , Europe (Germany, Spain, UK, Italy, France, Switzerland, and the rest of Europe) , Asia-Pacific (India, China, Japan, Australia, and the rest of Asia-Pacific) , and LAMEA (Latin America, Middle East, and Africa) .

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Competitive Landscape

The major players operating in the shower tray market include Lixil Group, Roca, Kohler, Novellini, Duravit, Huppe, Porcelanosa, Eczacibasi (Vitra) , Ideal Standard, MAAX Bath, KALDEWEI, Bette, MX Group, Just Trays Ltd, Coram, Matki, HSK, Polimat, and Polysan.

Key Takeaways

The shower trays market study covers 20 countries. The research includes a segment analysis of each country in terms of value ($billion) for the projected period 2024-2035.

More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major shower tray industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.

The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions to achieve their most ambitious growth objectives.

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Air Humidifier Market https://www.alliedmarketresearch.com/air-humidifier-market

Dehumidifier Market https://www.alliedmarketresearch.com/dehumidifier-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

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