Press release
Bathroom Vanities Market Update 2025 : Projected to Exhibit USD 18.4 Billion Revenue by 2031, Claims AMR
According to the report, the global bathroom vanities industry generated $10.2 billion in 2021, and is anticipated to generate $18.4 billion by 2031, witnessing a CAGR of 5.6% from 2022 to 2031.
Prime determinants of growth
There is a rise in the adoption of bathroom vanities due to increased interest in home decor and modifications. Customers all over the world prefer various styles and designs of bathroom vanities. Companies constantly introduce new bathroom vanities patterns, styles, and designs to meet consumer demand.
Furthermore, the vintage style is extremely popular among consumers because of its unique appearance. A bathroom vanity is a popular choice for customers looking to add retro style to their bathrooms. Furthermore, contemporary, modern, hygge, and Japanese aesthetic styles are popular in the bathroom vanity market.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/9781
The household and residential segment to maintain its leadership status throughout the forecast period
Based on application, the household segment held the highest market share in 2021, accounting for more than two-thirds of the global bathroom vanities market, and is estimated to maintain its leadership status throughout the forecast period. An increase in the average number of bathrooms globally in households resulted in the greater adoption of bathroom vanities. However, the commercial segment is expected to portray the highest CAGR of 6.1% from 2022 to 2031.
The offline store segment to maintain its lead position during the forecast period
Based on the distribution channel, the offline segment held the highest market share in 2021, accounting for more than two-thirds of the global bathroom vanities market, and is estimated to maintain its leadership status throughout the forecast period. Offline bathroom vanities sales channels have several advantages, including delivering and returning products quickly. Customers can also visit furniture stores to inspect the quality of the products by touching them and comparing them to other alternatives. However, the online segment is expected to portray the highest CAGR of 6.3% from 2022 to 2031. This is due to the ease of availability and benefits such as product information, time-saving features, and the online platform's home delivery facility.
Europe to maintain its dominance by 2031
Based on region, Europe held the highest market share in terms of revenue in 2021, accounting for nearly one-third of the bathroom vanities market, and is estimated to maintain its leadership status throughout the forecast period. Bathroom vanities are widely used in residential applications because of the wide range of customization options available in Europe. However, the Asia-Pacific region is expected to witness the fastest CAGR of 6.2% from 2022 to 2031, owing to the increase in disposable income and the rise in popularity of materials such as wood, ceramic, and stone.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ: https://www.alliedmarketresearch.com/purchase-enquiry/9781
Leading Market Players: -
FUAO SANITARYWARE PRIVATE LIMITED
Alya Bath
Native Trails, Inc.
Master Brand Cabinets Inc
Bath Sense, virtu USA
Baden Haus S.P.A
Silkroad Exclusive
Masco Corporation
American Wood Mark Corporation
Greentouch Home
Strasser
Bertch Cabinet, LLC
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐- https://www.prnewswire.com/news-releases/bathroom-vanities-market-to-reach-18-4-billion-globally-by-2031-at-5-6-cagr-allied-market-research-301734560.html
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐จ๐จ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
๐๐ข๐๐๐จ ๐๐๐ฆ๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/video-game-market-A85196
๐๐๐ฉ๐๐ซ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/paper-bag-market-A16182
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. 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.
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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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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