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Plumbing Fittings and Fixtures - Global Strategic Business Report

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    Report

  • 898 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338767
The global market for Plumbing Fittings and Fixtures is estimated at US$93.2 Billion in 2023 and is projected to reach US$134.4 Billion by 2030, growing at a CAGR of 5.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the plumbing fittings and fixtures market is driven by several factors. Firstly, the increasing demand for water-efficient solutions in residential and commercial buildings is a major driver. Secondly, advancements in materials and manufacturing technologies are enhancing the durability and performance of plumbing components. Thirdly, the rising trend of smart homes and buildings is boosting the adoption of smart plumbing fixtures with advanced features.

Additionally, the expansion of the construction industry and infrastructure development projects are driving the demand for plumbing fittings and fixtures. Furthermore, stringent regulations and standards for water conservation and plumbing safety are encouraging the use of high-quality, compliant products. Lastly, the growing awareness of environmental sustainability and the need to reduce water wastage are promoting the adoption of innovative plumbing solutions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Bathroom Fixtures & Fittings segment, which is expected to reach US$64.7 Billion by 2030 with a CAGR of a 5.5%. The Kitchen & Sink Fixtures & Fittings segment is also set to grow at 5.8% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $19.6 Billion in 2023, and China, forecasted to grow at an impressive 6.6% CAGR to reach $37.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Plumbing Fittings and Fixtures Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Plumbing Fittings and Fixtures Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Plumbing Fittings and Fixtures Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as American Bath Group, American Standard Brands, Asahi Eito Co., Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 310 Featured):

  • American Bath Group
  • American Standard Brands
  • Asahi Eito Co., Ltd.
  • Cera Sanitaryware Ltd.
  • Elkay Manufacturing Company
  • Geberit AG
  • Grohe AG
  • Hindustan Sanitaryware & Industries Ltd.
  • Ideal Standard International
  • Jacuzzi, Inc.
  • Jaquar Group
  • Jiangxi Avonflow HVAC Tech Co., Ltd.
  • Kohler Co.
  • LIXIL Corporation
  • MAAX Bath Inc.
  • Masco Corporation
  • Moen Incorporated
  • Roca Sanitario S.A
  • Roca UK
  • Spectrum Brands Incorporated
  • Toto Ltd.
  • Villeroy & Boch

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Plumbing Fittings and Fixtures: A Prelude
  • Growth Drivers for Plumbing Fittings & Fixtures: On a Scale 1 - 10 (10 - High Impact; 1 - Low Impact)
  • Growth Dampeners for Plumbing Fittings & Fixtures: On a Scale 1 - 10 (10 - High Impact; 1 - Low Impact)
  • Global Economic Update
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • Competitive Scenario
  • Plumbing Fittings and Fixtures - Global Key Competitors Percentage Market Share in 2024 (E)
  • Collaborations with Plumbing Contractors Gain Strategic Importance
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Types of Plumbing Fittings and Fixtures
  • Plumbing Fittings
  • Plumbing Fixtures
  • Fast Paced Urbanization Continues to Drive Growth in Asia-Pacific Market
  • India Emerges as a Lucrative Market
  • Developed Regions Continue to Offer Opportunities
  • Recent Market Activity
WORLD BRANDS2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • As Smart Homes Become a Mainstream Reality, Smart Plumbing Products Gain Increasing Interest
  • Smart Home Penetration Rate (%) by Region/Country for the Year 2024E
  • Growing Number of Smart Homes Catalyzes the Demand for Smart Plumbing Fixtures: Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
  • Consumers Shift Focus from Traditional Flush Toilets to Smart Toilets
  • Trending Smart Technologies & Fixtures to Watch-For in Plumbing Arena
  • Voice-Activated Faucets: A New Age Phenomenon
  • Smart Showers Bring in a Transformational Phase in Shower Industry
  • Offering Hygiene & Water Saving, Touch-Less Fixtures Emerge as Mega Trend
  • Water Conservation Remains at the Core for Product Design Innovations
  • Reducing Water Usage Gains Prominence in Shower Business
  • Residential End-Uses of Water in the US
  • Residential Sector Remains a Significant Market
  • Global Plumbing Fittings and Fixtures Market by End-Use Segment: 2024E
  • Rising Home Renovation & Upgrade Activity as Bright Spot for Plumbing
  • Rehabilitating Stagnant Water Systems Gains Significance Post Pandemic
  • Greywater Recycling Systems Taking Water Savings to Next Level
  • Increasing Number of Homes with Multiple Bathrooms Elevate Opportunities
  • Share of New Single family Home Starts in the US by Number of Bathrooms: 2012-2023
  • Select Bathroom Fixture Trends
  • Walk-in Bathtubs Gather Momentum
  • Bathtub and Shower Combos Gain Attention in Bathtub Renovation
  • Demand on High for Stylish Fittings
  • Changing Demographic and Lifestyle Redefine Bathroom Fixtures market
  • A Peek into the Latest Trends Related to Bathroom Faucets
  • Bidets Continue to Report Healthy Demand
  • Plumbing Technology & Design Trends for Luxury Bathrooms
  • Demanding Consumer Requirements Lead to Deeper Product Segmentation in Showerheads Market
  • Latest Showerhead Design Trends Lift up Showering Experience
  • Plumbing Innovations Drive Growth Opportunities
  • Environmental Friendly Products Gain Traction
  • Salient Faucet Trends Transforming Kitchens
  • Quality Scores Over Aesthetics for Plumbing Products
  • Factors Shaping Consumer’s Choice: Rating on a Scale 1 - 10 (10 - High Impact, 1 - Low Impact)
  • Outdated & Out-of-Style Plumbing Trends Paving Way for New Options
  • Premium Products High in Demand
  • Online Marketplace Picks up Growth
  • Global Plumbing Fittings & Fixtures Market by Distribution Channel, Online and Offline: 2024E
  • Entry of Direct-To-Consumer Brands Spike Competition in the Showerheads Market
  • Favorable Demographic Scenario Boosts Market Prospects
  • Population Growth & Rapid Urbanization
  • World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
  • World Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Expanding Middle Class Population and Rising Standards of Living
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Bathroom Fixtures & Fittings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Bathroom Fixtures & Fittings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 3: World 16-Year Perspective for Bathroom Fixtures & Fittings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Kitchen & Sink Fixtures & Fittings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Kitchen & Sink Fixtures & Fittings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 6: World 16-Year Perspective for Kitchen & Sink Fixtures & Fittings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Toilet & Sink Fixtures & Fittings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Toilet & Sink Fixtures & Fittings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 9: World 16-Year Perspective for Toilet & Sink Fixtures & Fittings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 12: World 16-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 15: World 16-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 18: World 16-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 19: World Plumbing Fittings and Fixtures Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Plumbing Fittings and Fixtures by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Plumbing Fittings and Fixtures by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Plumbing Fittings and Fixtures by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Plumbing Fittings and Fixtures Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Plumbing Fittings and Fixtures Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Plumbing Fittings and Fixtures Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Plumbing Fittings and Fixtures Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Plumbing Fittings and Fixtures Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Plumbing Fittings and Fixtures Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • American Bath Group
  • American Standard Brands
  • Asahi Eito Co., Ltd.
  • Cera Sanitaryware Ltd.
  • Elkay Manufacturing Company
  • Geberit AG
  • Grohe AG
  • Hindustan Sanitaryware & Industries Ltd.
  • Ideal Standard International
  • Jacuzzi, Inc.
  • Jaquar Group
  • Jiangxi Avonflow HVAC Tech Co., Ltd.
  • Kohler Co.
  • LIXIL Corporation
  • MAAX Bath Inc.
  • Masco Corporation
  • Moen Incorporated
  • Roca Sanitario S.A
  • Roca UK
  • Spectrum Brands Incorporated
  • Toto Ltd.
  • Villeroy & Boch

Table Information