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Bidets Global Market Poised to Reach $36.91 Billion at a CAGR of 6.6% By 2028, Predicts The Business Research Company
Bidets Global Market
According to The Business Research Company's, the bidets market size has grown strongly in recent years. It will grow from $26.88 billion in 2023 to $28.62 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing awareness of personal hygiene and health benefits, growth in environmental concerns leading to reduced toilet paper usage, rise in adoption of smart home technologies, expansion of e-commerce platforms, greater emphasis on bathroom luxury and comfort, pandemic-driven focus on cleanliness and sanitation.
The bidets market size is expected to see strong growth in the next few years. It will grow to $36.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to continued technological advancements in smart bidet features, increasing urbanization, rising disposable incomes, growth in acceptance and normalization of bidet usage in western markets, enhanced marketing and education efforts about bidet benefits, expansion of product lines to include more affordable and versatile options, government initiatives promoting water conservation and sustainability, expansion into emerging markets with rising standards of living. Major trends in the forecast period include increased use of IoT-enabled bidets with advanced features like remote control, customizable settings, and health monitoring, development of water-saving bidets, the introduction of ergonomic designs, heated seats, and air dryers to enhance user comfort and convenience, the launch of more budget-friendly models, customizable bidet features tailored to individual preferences and needs.
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Market Drivers and Trends:
The increasing geriatric population is expected to propel the growth of the bidets market going forward. The geriatric population refers to individuals typically aged 65 years and older, characterized by specific health considerations related to aging. The geriatric population is rising due to advancements in healthcare, leading to longer life expectancy and declining birth rates in many regions globally. Bidets enhance hygiene and comfort for the geriatric population by providing an easy-to-use and gentle alternative to toilet paper, particularly beneficial for those with limited mobility or health conditions. For instance, in October 2022, according to the World Health Organization, a Switzerland-based health agency, the global population aged 60 years and over is set to increase significantly, from 1 billion in 2020 to 1.4 billion by 2030, reaching 2.1 billion by 2050. Concurrently, the number of individuals aged 80 years or older is expected to triple, reaching 426 million by 2050. Therefore, the increasing geriatric population is driving the growth of the bidets market.
Major companies operating in the bidets market are developing innovative toilet systems, such as the 360° self-clean mode, to enhance hygiene and convenience. The 360° self-clean mode is a feature in some devices that uses a comprehensive cleaning mechanism to ensure all areas and components are thoroughly sanitized. For instance, in July 2022, LUXE Bidet, a US-based bidet provider, launched the next-generation NEO Plus line. This new line features patented technologies aimed at enhancing the user experience and hygiene. The new models, which include the NEO 120 Plus, NEO 185 Plus, and NEO 320 Plus, offer advanced features such as a 360° self-clean mode that simultaneously cleans both the nozzles and the guard gate. The EZ-Lift design allows for easy removal of the bidet for thorough toilet bowl cleaning, distinguishing it from traditional models. Additionally, the NEO Plus series includes a faster slide-in installation for added convenience.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Panasonic Corporation, LIXIL Corporation, Kohler Co, Toto Ltd., Geberit International AG, ROCA Group, Villeroy & Boch AG, Boss Bidet, Duravit AG, Bemis Manufacturing Co., Noken Design S A, Laufen Bathrooms AG, Brondell Inc., RinseWorks Inc, Luxe Bidet, Caroma Industries, Drummond Bathroom Ltd., Ludwig s.r.l.s., Infinity Bidet, Xiamen Soothingware Sanitary Co. Ltd.
Bidets Market 2024 Key Insights:
• The bidets market size is expected to see strong growth in the next few years. It will grow to $36.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.
• Increasing Geriatric Population Fuels Knee Bidet Market Growth
• Advancements In Patented Technologies Enhanced The Bidets Market
• North America was the largest region in the bidets market in 2023.
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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