Washington, DC, July 03, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Sanitary Ware Market By Technology (Spangles, Slip Casting, Pressure Coating, Jiggering, Isostatic Casting, And Others), By Product Type (Urinals, Washbasins & Kitchen Sinks, Bidets, Water Closets, Faucets, And Others), By Distribution Channel (Online And Offline), By End-User (Commercial And Residential), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.
“According to the latest research study, the demand of global Sanitary Ware Market size & share in terms of revenue was valued at USD 11.75 billion in 2022 and it is expected to surpass around USD 17.76 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 5.30% during the forecast period 2023 to 2030.”
What is Sanitary Ware? How big is the Sanitary Ware Industry?
Report Overview:
Sanitary ware products are a broad range of bathroom items that play a crucial role in maintaining hygiene and sanitation. The product category includes washbasins, urinals, faucets, showers, vanity units, mirrors, cisterns, bathroom cabinets, and many more such bathroom appliances that are used by people in residential, commercial, or public settings. The sanitary ware market deals with the designing, production, and distribution of several sanitary ware products across end-users. It brings together a large chain of manufacturers, suppliers, retailers, and other essential stakeholders that ensure the smooth flow of products and services throughout the supply chain. Some crucial characteristics of modern-age sanitary ware include high durability, design, functionality, hygiene, and water efficiency.
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 231+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Zion Market Research research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Global Sanitary Ware Market: Growth Dynamics
The global sanitary ware market is projected to grow due to the rising middle-income population across the globe. With an increase in job opportunities along with multiple working family members, the affordability index across many regions has grown in the last decade. In addition to this, rampant urbanization and product awareness has assisted in higher demand for aesthetically pleasing and functional private spaces including bathrooms.
The sanitary ware industry is expected to create a larger consumer database driven by growing product innovation as manufacturers invest more resources in meeting consumer expectations. In recent times, there has been a steady rise in housing demand due to increasing population. As more houses, including stand-alone or residential complexes, continue to be built either by private companies or as a government infrastructure development project, the requirement for modern sanitary ware will continue to rise.
One of the most anticipated segments in sanitary ware includes the range of products that focus on improving water efficiency as sustainability remains a prime focus for residential and commercial space builders.
The global sanitary ware market could face growth limitations due to higher dependency on certain regions for the supply of preferred sanitary ware products. As geo-political situations across many nations continue to remain volatile, manufacturers and distributors may have to deal with difficult trading situations in the coming years. Moreover, the high cost associated with the installation of sanitary ware, especially the ones belonging to the premium range, could further deter consumers from spending on new installations until absolutely required.
The rising awareness surrounding hygiene and sanitation may provide growth opportunities whereas the longer replacement periods between installations could challenge industry growth
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Report Scope
| Report Attribute | Details |
| Market Size in 2022 | USD 11.75 billion |
| Projected Market Size in 2030 | USD 17.76 billion |
| CAGR Growth Rate | 5.30% CAGR |
| Base Year | 2022 |
| Forecast Years | 2023-2030 |
| Key Market Players | Kohler Co., Roca Sanitario S.A., TOTO Ltd., LIXIL Group Corporation, Geberit AG, American Standard Brands, Duravit AG, Ideal Standard International, Villeroy & Boch AG, Jaquar Group, CERA Sanitaryware Ltd., Hindware Homes Ltd., Grohe AG, Hansgrohe SE, Laufen Bathrooms AG, VitrA, Inax Corporation, Ceramica Dolomite, Cotto Thailand, RAK Ceramics, Ideal Bathrooms, Toscana Sanitari, Gala Group, Sanitec Group, and Vitra Bathroom Solutions. |
| Key Segment | By Technology, Product Type, Distribution Channel, By End-User, and By Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Purchase Options | Request customized purchase options to meet your research needs. Explore purchase options |
Sanitary Ware Market: Segmentation Analysis
The global sanitary ware market is segmented based on technology, product type, distribution channel, end-user, and region.
Based on technology, the global market divisions are spangles, slip casting, pressure coating, jiggering, isostatic casting, and others.
Based on product type, the sanitary ware industry is divided into urinals, washbasins & kitchen sinks, bidets, water closets, faucets, and others. During 2022, the water closets segment registered the highest growth since it is one of the most basic sanitation ware that is installed in every setting including public and private spaces. Currently, there is a growing demand for ceramic-based water basins due to their higher quality or appearance along with the convenience of cleaning and managing these basins. They are highly resistant to chemicals and other strong agents as they do not tend to lose their appearance with time. Moreover, the increasing number of options aided by growing product innovation ensures that a larger consumer group is targeted. There is a growing requirement for vanity basins in premium public units such as theaters, malls, and airports. The life expectancy of a ceramic sink is nearly 50 years.
Based on distribution channel, the global market is divided into online and offline.
Based on the end-user, the global sanitary ware industry is divided into commercial and residential. The highest growth was observed in the residential segment in 2022 which includes units such as houses, apartments, and condominiums. They have higher overall demand for sanitary ware products. The segmental growth is expected to be led by increasing construction and building projects across the globe, especially in developing nations such as China and India which have registered a growing construction rate of high-rise buildings targeting the residential sector. Most of these new-age homes are equipped with world-class interior design including sanitary ware products. As per Bloomberg, China had more than 2900 buildings taller than 492 feet as of 2022.
The global Sanitary Ware market is segmented as follows:
By Technology
- Spangles
- Slip Casting
- Pressure Coating
- Jiggering
- Isostatic Casting
- Others
By Product Type
- Urinals
- Washbasins & Kitchen Sinks
- Bidets
- Water Closets
- Faucets
- Others
By Distribution Channel
- Online
- Offline
By End-User
- Commercial
- Residential
- Personal
Browse the full “Sanitary Ware Market By Technology (Spangles, Slip Casting, Pressure Coating, Jiggering, Isostatic Casting, And Others), By Product Type (Urinals, Washbasins & Kitchen Sinks, Bidets, Water Closets, Faucets, And Others), By Distribution Channel (Online And Offline), By End-User (Commercial And Residential), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” Report at https://www.zionmarketresearch.com/report/sanitary-ware-market
Competitive Landscape
Some of the main competitors dominating the global Sanitary Ware market include -
- Kohler Co.
- Roca Sanitario S.A.
- TOTO Ltd.
- LIXIL Group Corporation
- Geberit AG
- American Standard Brands
- Duravit AG
- Ideal Standard International
- Villeroy & Boch AG
- Jaquar Group
- CERA Sanitaryware Ltd.
- Hindware Homes Ltd.
- Grohe AG
- Hansgrohe SE
- Laufen Bathrooms AG
- VitrA
- Inax Corporation
- Ceramica Dolomite
- Cotto Thailand
- RAK Ceramics
- Ideal Bathrooms
- Toscana Sanitari
- Gala Group
- Sanitec Group
- Vitra Bathroom Solutions.
Key Insights from Primary Research:
- As per the analysis shared by our research analyst, the global sanitary ware market is estimated to grow annually at a CAGR of around 5.30% over the forecast period (2023-2030)
- In terms of revenue, the global sanitary ware market size was valued at around USD 11.75 billion in 2022 and is projected to reach USD 17.76 billion, by 2030.
- The 17.76market is projected to grow at a significant rate due to the growing demand for aesthetic-enhancing sanitary ware products
- Based on technology segmentation, slip casting was predicted to show maximum market share in the year 2022
- Based on distribution channel segmentation, offline was the leading channel in 2022
- On the basis of region, Asia-Pacific was the leading revenue generator in 2022
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Key questions answered in this report:
- What is the market size and growth rate forecast for Sanitary Ware industry?
- What are the main driving factors propelling the Sanitary Ware Market forward?
- What are the leading companies in the Sanitary Ware Industry?
- What segments does the Sanitary Ware Market cover?
- How can I receive a free copy of the Sanitary Ware Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2023−2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Technology, Product Type, Distribution Channel, By End-User, and By Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Analysis:
Asia-Pacific is expected to lead the global sanitary ware market due to increasing assistance by the regional governments to promote the already well-established sanitary ware regional industry. China is currently one of the largest suppliers of exquisite bathroom fixtures. Additionally, regions such as India, South Korea, Singapore, and other nations have high domestic demand as the population continues to rise along with a steady increase in disposable income.
Europe is projected to act as a significant contributor to the global market due to the high demand for designer or premium range of sanitary ware. Moreover, increasing renovation and building activities aided by a strong emphasis on water conservation could further fuel the regional sanitary ware sector.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Recent Developments
- In August 2022, QUEO, a provider of luxury bathrooms belonging to the house of Hindware Limited, launched a new collection of sanitary ware and faucets. The range is called ‘Forza’ and with this move, the company plans to expand its presence in the premium bath ware segment
- In January 2022, Pearl Precision launched a new range of high-quality faucet collection and bathroom accessories in India
- In January 2022, Kerovit, belonging to the house of Kajaria launched Aurum Collections, a premium range of sanitaryware and faucets. The range includes contemporary and colorful designs and offers the right balance between design, technology, and color symphony
To know an additional revised 2023 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/sanitary-ware-market
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