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Plumbing Fixtures and Fittings Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
The Plumbing Fixtures and Fittings Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Plumbing Fixtures and Fittings Market Size and Projected Growth Rate?
There has been a substantial expansion in the market size of plumbing fixtures and fittings in the past few years. The market will surge from $106.73 billion in 2024 to $115.32 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. Factors contributing to this growth during the historical period include urbanization and infrastructure growth, a rise in housing and construction, innovative designs, regulations on water efficiency, and an increased awareness of health and hygiene among consumers.
In the coming years, the market size for plumbing fixtures and fittings is projected to experience robust growth. The market is set to expand to $156.39 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.9%. The expected growth within the forecast period can be attributed to factors such as competitiveness and innovation, evolution of regulatory standards, economic trends, the impact of market globalization, and the consumer's inclination towards aesthetics. Key trends during the forecast period will include smart and connected fixtures, water-efficient solutions, emphasis on design and aesthetics, a focus on health and hygiene, and modularity and customization.
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What Are the Major Segments in the Plumbing Fixtures and Fittings Market?
The plumbing fixtures and fittings market covered in this report is segmented -
1) By Product: Bathtub, Sinks, Toilets, Showers, Taps, Drains
2) By Distribution: Online, Offline
3) By Application: New Construction, Repair And Remodel
4) By Material Type: Vitreous China, Metal, Plastic
5) By End-User: Residential, Commercial, Industrial
Subsegments:
1) By Bathtub: Freestanding Bathtub, Alcove Bathtub, Corner Bathtub, Drop-In Bathtub, Whirlpool Bathtub
2) By Sinks: Drop-in Sink, Undermount Sink, Vessel Sink, Farmhouse Sink, Wall-mounted Sink
3) By Toilets: One-piece Toilet, Two-piece Toilet, Wall-mounted Toilet, Smart Toilet
4) By Showers: Showerheads, Shower Panels, Shower Doors, Shower Bases
5) By Taps: Kitchen Taps, Bathroom Taps, Commercial Taps, Sensor Taps
6) By Drains: Floor Drains, Shower Drains, Sink Drains, Grease Traps
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What Are The Driving Plumbing Fixtures and Fittings Market Evolution?
The rising need for sewage treatment to satisfy global water requirements is propelling the market for plumbing fittings and fixtures, which are purchased or rented by private individuals or businesses. The need for improved sewage management promotes the uptake of cutting-edge plumbing systems, crucial for maintaining sustainable sanitation and wastewater management infrastructures. For example, data from the United Nations Educational, Scientific and Cultural Organization, a French based agency of the United Nations, revealed in May 2023 that around 2 billion people or 26% of the global population, lack clean drinking water, and 3.6 billion individuals or 46%, don't have access to properly managed sanitation services. It is estimated that between two and three billion people encounter water deficits for at least one month every year. Predictions suggest that the urban populace experiencing water shortages will escalate to 1.7-2.4 billion people by 2050. Consequently, the rising population, increased demand owing to water scarcity and higher levels of urbanization are key factors contributing to the expansion of the plumbing fixtures and fittings market.
Which Firms Dominate The Plumbing Fixtures and Fittings Market Segments?
Major companies operating in the plumbing fixtures and fittings market include Masco Corporation, Kohler Co, TOTO Ltd., LIXIL Group, Geberit, Jacuzzi, Grundfos, Roca Sanitario, Moen, American Standard, Bemis Company, Moen Incorporated, Elkay Manufacturing Company, Mansfield Plumbing, Oatey Company, Liberty Pumps, Little Giant, Newport Brass, Nuvo H2O, MAAX Bat, Brizo Faucets, Danze, Delta, DreamLine Shower, GROHE, InSinkErator, Jensen Medicine Cabinets, Peerless, Pioneer, Price Pfister, Sloan, Speakman, Symmons, Viega, Waste King, ALFI Brand, Alsons, Aquatic Bathware, Arrowhead Brass
What Trends Are Driving Growth in The Plumbing Fixtures and Fittings Market?
Significant businesses in the plumbing fixtures and fittings market are concentrating on creating soaking tubs to enhance user comfort, boost aesthetic value, and foster relaxation. They are also integrating cutting-edge designs and materials that align with contemporary consumer tastes and eco-friendly criteria. Soaking tubs are essentially deep bathtubs engineered for a holistic body immersion, offering a peaceful and therapeutic bathing alternative. Unlike conventional bathtubs, soaking tubs are generally broader and deeper, enabling users to soak contentedly and have a spa-like experience at their own home. For instance, in June 2023, Cabuchon Inc, a UK-based firm, introduced Futari, a two-person soaking tub . The Futari tub is designed with sharply inclined sidewalls that augment the soaking experience, while also maintaining a compact size, making it ideal for smaller bathroom spaces. It comes with built-in seats to facilitate bathers in maintaining an upright, semi-seated position, thereby ensuring optimal comfort during usage.
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Which Is The Largest Region In The Plumbing Fixtures and Fittings Market?
Asia-Pacific was the largest region in the plumbing fixtures and fittings market in 2024. The regions covered in the plumbing fixtures and fittings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Plumbing Fixtures and Fittings Market?
2. What is the CAGR expected in the Plumbing Fixtures and Fittings Market?
3. What Are the Key Innovations Transforming the Plumbing Fixtures and Fittings Industry?
4. Which Region Is Leading the Plumbing Fixtures and Fittings Market?
Why This Report Matters:
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