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.
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 SUMMARYWORLD BRANDS2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
ASIA-PACIFIC
AFRICA
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
Report Attribute | Details |
---|---|
No. of Pages | 898 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 93.2 Billion |
Forecasted Market Value ( USD | $ 134.4 Billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
No. of Companies Mentioned | 22 |