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LAMEA Faucet Market Size, Share & Trends Analysis Report By Product Type (Manual and Electronic), By Application (Bathroom, Kitchen, and Others), By End User (Residential and Commercial), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 123 Pages
  • July 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5988687
The Latin America, Middle East and Africa Faucet Market is projected to witness market growth of 9.0% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 46.01 million units, showcasing a growth of 10.5% (2024-2031).

In kitchen applications, faucets play a crucial role in daily activities such as cooking, cleaning, and food preparation, making functionality and durability key considerations for consumers. Kitchen faucets offer various advantages including ease of use, water efficiency, and design versatility to complement kitchen aesthetics. Thus, the Saudi Arabia market is expected to utilize 2.46 million units of faucet in kitchen application by 2031.



The Brazil market dominated the LAMEA Faucet Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $1.11 billion by 2031. The Argentina market is showcasing a CAGR of 9.9% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.7% during (2024 - 2031).

Environmental sustainability is another critical driver of innovation in the market. Consumers are increasingly interested in environmentally beneficial products that conserve water and minimize their environmental impact as they become more cognizant of environmental concerns.

Moreover, in response, manufacturers have developed a range of water-efficient faucets featuring technologies such as low-flow aerators and sensors that automatically shut off water flow when not in use. These eco-friendly designs help reduce water consumption and lower utility bills, making them attractive options for residential and commercial customers.

Economic growth in several LAMEA countries is leading to an increase in disposable income. This empowers consumers to invest in home improvement projects, including bathroom and kitchen renovations, often replacing faucets. Many LAMEA governments prioritize infrastructure development, including investments in public housing projects and commercial spaces. This increased focus on infrastructure creates a demand for faucets in these new buildings.

List of Key Companies Profiled

  • Lixil Corporation
  • Jaquar Group
  • Masco Corporation (Delta Faucet Company)
  • Roca Sanitario, SA (Roca Corporacion Empresarial, SA)
  • Fortune Brands Innovations, Inc.
  • Toto Ltd.
  • Spectrum Brands Holdings, Inc.
  • Villeroy & Boch AG
  • Paini S.p.A. Rubinetterie
  • Kohler Co.

Market Report Segmentation

By Product Type (Volume, Million Units, USD Billion, 2020-2031)
  • Manual
  • Electronic
By Application (Volume, Million Units, USD Billion, 2020-2031)
  • Bathroom
  • Kitchen
  • Others
By End User (Volume, Million Units, USD Billion, 2020-2031)
  • Residential
  • Commercial
By Country (Volume, Million Units, USD Billion, 2020-2031)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Faucet Market, by Product Type
1.4.2 LAMEA Faucet Market, by Application
1.4.3 LAMEA Faucet Market, by End User
1.4.4 LAMEA Faucet Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Faucet Market by Product Type
4.1 LAMEA Manual Market by Country
4.2 LAMEA Electronic Market by Country
Chapter 5. LAMEA Faucet Market by Application
5.1 LAMEA Bathroom Market by Country
5.2 LAMEA Kitchen Market by Country
5.3 LAMEA Others Market by Country
Chapter 6. LAMEA Faucet Market by End User
6.1 LAMEA Residential Market by Country
6.2 LAMEA Commercial Market by Country
Chapter 7. LAMEA Faucet Market by Country
7.1 Brazil Faucet Market
7.1.1 Brazil Faucet Market by Product Type
7.1.2 Brazil Faucet Market by Application
7.1.3 Brazil Faucet Market by End User
7.2 Argentina Faucet Market
7.2.1 Argentina Faucet Market by Product Type
7.2.2 Argentina Faucet Market by Application
7.2.3 Argentina Faucet Market by End User
7.3 UAE Faucet Market
7.3.1 UAE Faucet Market by Product Type
7.3.2 UAE Faucet Market by Application
7.3.3 UAE Faucet Market by End User
7.4 Saudi Arabia Faucet Market
7.4.1 Saudi Arabia Faucet Market by Product Type
7.4.2 Saudi Arabia Faucet Market by Application
7.4.3 Saudi Arabia Faucet Market by End User
7.5 South Africa Faucet Market
7.5.1 South Africa Faucet Market by Product Type
7.5.2 South Africa Faucet Market by Application
7.5.3 South Africa Faucet Market by End User
7.6 Nigeria Faucet Market
7.6.1 Nigeria Faucet Market by Product Type
7.6.2 Nigeria Faucet Market by Application
7.6.3 Nigeria Faucet Market by End User
7.7 Rest of LAMEA Faucet Market
7.7.1 Rest of LAMEA Faucet Market by Product Type
7.7.2 Rest of LAMEA Faucet Market by Application
7.7.3 Rest of LAMEA Faucet Market by End User
Chapter 8. Company Profiles
8.1 Lixil Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Jaquar Group
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Masco Corporation (Delta Faucet Company)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 SWOT Analysis
8.4 Roca Sanitario, SA (Roca Corporacion Empresarial, SA)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 SWOT Analysis
8.5 Fortune Brands Innovations, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.6 Toto Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 SWOT Analysis
8.7 Spectrum Brands Holdings, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Villeroy & Boch AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Paini S.p.A. Rubinetterie
8.9.1 Company Overview
8.10. Kohler Co.
8.10.1 Company Overview
8.10.2 SWOT Analysis

Companies Mentioned

  • Lixil Corporation
  • Jaquar Group
  • Masco Corporation (Delta Faucet Company)
  • Roca Sanitario, SA (Roca Corporacion Empresarial, SA)
  • Fortune Brands Innovations, Inc.
  • Toto Ltd.
  • Spectrum Brands Holdings, Inc.
  • Villeroy & Boch AG
  • Paini S.p.A. Rubinetterie
  • Kohler Co.

Methodology

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