A Look into Plumbing Fixtures Industry……Deep Analysis…..


The global plumbing fixtures market size is expected to reach USD 121.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.8% over the forecast period. Increasing preference for washrooms and kitchens that are not only functional but also have an aesthetic appeal is expected to promote demand for plumbing fixtures. Furthermore, growing popularity of ceramic has propelled the working-class population to spend on beautifying one’s washrooms and kitchens.
The home care & decor industry has been witnessing inconsistent growth, since the Covid 19 outbreak. As a result of the ongoing pandemic crisis, there has been a drop in the overall performance of discretionary products such as decorative fixtures, bedding products, to name a few. The virus outbreak has, however, led to substantial growth in categories such as cleaning and hygiene products. Prominent growth in the e-commerce business is also one of the positive influences of the outbreak, wherein companies are focusing on expanding their distribution networks to online channels in order to cater to the surging consumer demand. Our team is diligently working towards accounting these factors in our report with the aim of providing you with the up-to-date, actionable market information and projections.
In March 2019, American Standard, a leading provider of bathroom and kitchen fixtures, launched Genie hand showers for cities including Manila, Mumbai, Bangkok, and Jakarta. The hand shower features 120 micro spray holes that guarantees vigorous water flow even under low pressure. It has been designed to easily spot slime and mineral deposits and assist in frequent cleaning.
In February 2019, Moen Incorporated and Nebia jointly launched a new showerhead under the brand name, Nebia Spa Shower 2.0. The product is claimed to consume 65% less water in comparison to the conventional showerheads. Furthermore, the company utilizes a unique technology that atomizes water into millions of tint droplets, which enhance the surface area of water by ten folds. In comparison to its previous version, the product has been modified to offer warmer experience, better coverage, and improved water pressure.
Livin, a home appliance company, launched an affordable water saving digital shower in February 2018. The company has made endeavor to collaborate the new age technology with the classy design. The product is compatible with Google Home and Amazon Echo. The unique temperature control algorithm arranges the appropriate water temperature in the least possible amount of time. Livin also offers shower app, which helps the user in personalizing the temperature and time.
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In January 2019, Kohler launched Numi 2.0 intelligent toilets with KOHLER Konnect. These advanced toilets offer personalized experience, wherein the users can fine-tune all the involved factors including light, music, seat temperature, along with hand free cleansing facilities with exceptional water efficiencies. Numi 2.0 delivers hands-free control, personalized cleansing functionality, and exceptional water efficiency. It is equipped and embedded with Amazon Alexa.
Further key findings from the report suggest:
·         By product, toilets accounted for more than 20.0% share of the global revenue in 2018
·         Commercial deployment accounted for a plumbing fixtures market share of more than 50.0% in 2018
·         North America held a revenue share of more than 25.0% in 2018
·         Online distribution channel is expected to expand at a CAGR of 5.3% from 2019 to 2025.
The global plumbing fixtures market size was valued at USD 87.7 billion in 2018. Increasing application of modern bathrooms and kitchen at a global level is expected to drive the demand for plumbing fixtures in the coming years. This, in turn, is anticipated to have a strong impact on the market growth.
Preference for washrooms and kitchens that are not only functional but also have an aesthetic appeal is increasing among the urban population. Growing popularity of ceramic materials in sanitary ware on account of their excellent heat tolerance characteristics has influenced the working-class population to spend on beautifying washrooms and kitchens.
In addition, development of new products and evolution of older ones to serve the purpose of both comfort and luxury is expected to promote the utility of fixtures for bathrooms as well as kitchens. Major types of plumbing fixtures include bathtub, sinks, toilets, showers, faucets and taps, and drains. These products are required in both residential and commercial buildings for facilitating bathing, cleaning, and washing purposes.
Rapid rise in the demand for smart and eco-friendly homes and offices is positively influencing the growth of the fixture industry. This growth is further complimented by new construction projects according to modern architecture, which is specifically focusing on water efficient systems.
Toilet plumbing fixtures accounted for a share of more than 20.0% in 2018. These products include flush toilets, urinals, dry toilets, high tech toilets, lavatories, one-piece toilets, two piece toilets, upflush toilets, small compact toilets, corner toilets, wall mounted toilets, square toilets, elongated toilets, and round bowl toilets.
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According to the World Health Organization data from 2015, 2.3 billion people were living without toilets worldwide. The Government of India constructed more than 9.12 million toilets between October 2014 and December 2018. As a result, this government initiative is expected to promote the spending on the construction of new toilets and thus, will promote the use of various fixtures in the near future.
Grand View Research has segmented the global plumbing fixtures market on the basis of product, deployment, location, application, distribution channel:
Plumbing Fixtures Product Outlook (Revenue, USD Billion, 2015 - 2025)
·         Bathtubs
·         Sinks
·         Toilets
·         Showers
·         Faucets & Taps
·         Drains
·         Others
Plumbing Fixtures Deployment Outlook (Revenue, USD Billion, 2015 - 2025)
·         Residential
·         Commercial
Plumbing Fixtures Location Outlook (Revenue, USD Billion, 2015 - 2025)
·         Bathroom
·         Kitchen
·         Others
Plumbing Fixtures Application Outlook (Revenue, USD Billion, 2015 - 2025)
·         New Construction
·         Repair & Remodel
Plumbing Fixtures Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
·         Online
·         Offline
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



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