Global Smart Toilet Seat Market to 6.30 % CAGR to 2021 – Analysis of Kohler, LIXIL, Panasonic, and TOTO

MarketResearchNest.com adds “Global Smart Toilet Seat Market 2017-2021” new reports to its research database. The report spread across 69 pages with tables and figures in it.

The research analysts forecast the global smart toilet seat market to grow at a CAGR of 6.30% during the period 2017-2021.

A smart toilet is a state-of-the-art technology, providing high levels of comfort and cleanliness. It offers several conveniences, such as soothing warm water rear wash, warm water feminine front wash, adjustable heated toilet seat, hand-free warm air dryer, odor eliminating deodorizer, self-cleaning, and others. A bathroom with a smart toilet seat uses less toilet paper and consumes less water per flush, proving to be eco-friendly and economical for users.

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Technavio recognizes the following companies as the key players in the global smart toilet seat market: Kohler, LIXIL, Panasonic, and TOTO

Other Prominent Vendors in the market are: COWAYCO, Jomoo Kitchen & Bath, Bio Bidet, Brondell, Duravit, and Lotus Hygiene Systems.

The latest trend gaining momentum in the market is Bathroom concept gaining popularity. Ultra-modern bathroom concepts that include a variety of bathroom essentials and products are gaining popularity. The bathroom concept is an architectural design, customized to suit individual preferences. Although the basic purpose of a bathroom has been preserved, its use has enlarged to adapt to the ever-evolving lifestyles as for some people a bathroom is a place to take a momentary break from the commotion and stress in one's daily life.

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According to the report, one of the major drivers for this market is Rise in commercial construction sector. Smart toilet seats are the perfect blend of technology, culture, personal hygiene, and bathing habits. Countries in Asia, Middle East, and Europe are increasingly adopting smart toilet seats due to enhanced comfort and hygiene. Therefore, the growth in commercial buildings, such as restaurants, offices, and hotels, is expected to drive the demand for smart toilet seats globally.

Further, the report states that one of the major factors hindering the growth of this market is High price of smart toilet seats. Development of technology has ensured that vendors offer products with advanced features in smart toilet seats, such as voice control, sensors, temperature setting, water saving technology, flushing systems, and others. As technology advances, consumers prefer to adopt the latest product available in the market, thereby leading to replacement costs. The major constraint for the global toilet seat market is that it is restricted to the higher income group.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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